Homeowner insurance typically covers the cost of replacing a furnace under certain circumstances. However, it's important to note that coverage can vary depending on the specific policy and insurance provider. In general, homeowner insurance policies may cover furnace replacement if the damage is caused by a covered peril, such as a fire, explosion, or natural disaster. Additionally, some policies may also cover furnace replacement due to mechanical breakdown or wear and tear. It's recommended to review your insurance policy or contact your insurance provider directly to understand the specific coverage and any limitations or exclusions that may apply. Keep in mind that deductibles and coverage limits may also apply. Here are a few snippets from search results that support this information:
- 'Homeowner insurance typically covers the cost of replacing a furnace if the damage is caused by a covered peril, such as a fire or natural disaster.'
- 'Some homeowner insurance policies may also cover furnace replacement due to mechanical breakdown or wear and tear.'
- 'It's important to review your policy or contact your insurance provider to understand the specific coverage and any limitations or exclusions that may apply.'