Electrical systems are the backbone of every modern home and business, powering everything from lighting to essential appliances. However, outdated or faulty electrical setups can pose serious risks, including fire hazards, costly repairs, and even insurance complications. If you're planning an electrical upgrade, one question to consider is: Can your insurance help cover the costs?

Why Upgrade Your Electrical System?

There are several reasons why upgrading your electrical system is a smart move:

• Safety: Outdated wiring increases the risk of electrical fires.
• Compliance: Old systems may no longer meet building codes.
• Efficiency: Modern systems can handle today’s high-energy demands more effectively.
• Property Value: Upgrades make your property more attractive to buyers.

Insurance Coverage for Electrical Upgrades

Most insurance policies cover repairs caused by electrical damage, but they don't typically pay for upgrades unless under specific circumstances. Here's what you should know:

1. When Insurance May Cover Electrical Work
   • Damage Repairs: If your electrical system is damaged due to an insured event (like a storm or fire), your policy might cover the costs of repairs.
   • Preventive Measures: Some policies provide partial coverage if upgrades are required after an inspection reveals safety hazards.
2. When Insurance Won’t Help
   • Voluntary Upgrades: Upgrading to a higher-capacity panel or rewiring simply to meet modern standards usually isn't covered.
   • Code Compliance: If the upgrade is required solely to bring your system up to code, you'll likely need to shoulder the expense.

How to Check Your Coverage

• Review Your Policy: Look for clauses on electrical systems, maintenance, and upgrades.
• Speak with Your Agent: Ask

Ensure Your Building Stays Insured

Upgrading your electrical system isn't just about safety and efficiency—it’s also essential to meet insurance requirements and keep your property protected. At SKS Construction, our in-house managers handle all city running and inspection approvals, making the process seamless for you. With our in-house supply of high-quality electrical panels and expertise honed from over 500 development and ADU projects, you can trust us to deliver reliable upgrades that meet both city and insurance standards. Contact SKS Construction and get a free quote today to secure your electrical panel!