Health insurance usually doesn’t pay for generators, as they’re seen as home improvement items.
Some policies might cover one if it’s medically needed.
Check with your insurance to know for sure.
Health Insurance and Generators: Will Your Policy Cover the Cost?
Living in disaster-prone areas? Get a backup generator to keep your home powered and prevent property damage.
Note, health insurance doesn’t usually pay for generators.
It’s for medical expenses, not power backup. A generator is helpful, but not covered by health insurance.
What About Homeowners Insurance?
Health insurance won’t pay for backup generators, but homeowners insurance might. It can cover generator damage from events like storms or fires. Review your policy for specifics.
Types of Generators
There are two main types of generators: portable and standby.
Portables are smaller, cheaper, run on gas, power essentials.
Standby generators are bigger, costlier, use gas or propane, power whole homes.
Benefits of a backup generator for homeowners:
- Sustained power during outages
- Shielding property from power surge harm
- Peace of mind during severe weather
Health insurance excludes backup generator costs, but homeowners have alternatives. Home insurance might cover generator damage, while standby/portable generators offer reliable backup power. Evaluate options wisely for your needs and budget.
T Bag is an insurance expert with a degree in actuarial science from the University of Hartford. He has over 10 years of experience in risk management, product development, and pricing. He is a certified actuary and a member of the American Academy of Actuaries. He is passionate about helping clients find the best insurance solutions for their needs and goals. He is looking for new opportunities in the insurance field.