Risk Solutions

HSB WHISTLESTOP

For Agents & Brokers

  • Facebook
  • LinkedIn
  • Twitter

Help your customers keep their cool

HSB claim data shows air conditioning breakdowns by region

Warmer weather means air conditioning equipment will be working harder and equipment breakdowns will increase and spike during the spring and summer months.

Feeling the heat

The latest review of HSB claim records shows the highest number of residential air conditioning failures are reported in July and commercial losses in June. The period of May-August, not surprisingly, accounts for a significant number of the total annual claims.

Air conditioning claims are reported in every month, however, as commercial buildings operate cooling equipment throughout the year.

The cost of keeping cool

The average cost of repairs and related expenses is $5,145 for homeowners and $21,404 for business, industry and public institutions, according to HSB’s claim data.

It happens every spring

Air conditioning claims increase in the spring when air conditioning equipment is started up and peak in the hottest months. Most failures occur when equipment is started after a long layoff or cycles rapidly on and off in hot weather.

What it means for your region

There are regional variations to the pattern of air conditioning breakdowns.

In the South, where air conditioning runs longer during the year, systems are designed for heavy loads and have fewer stops and starts to stress equipment. In the upper Midwest or Northeast, equipment may sit idle for months, begin to deteriorate, and then be started up several times over a season, such as an early spring or a hot spell in late autumn.

Home systems feel the strain

The chart below is based on the latest HSB claim information and shows residential air conditioning breakdowns by month and region. Home equipment is constantly cycling on and off, which strains the system

Business equipment works hard

The next chart shows commercial air conditioning and refrigeration claims follow a similar pattern. There are fewer regional differences since commercial cooling equipment may be operated year-round and systems are usually better maintained.

Don’t wait for a heat wave

Now is the time for your customers to prepare their equipment for start-up and heavy use. Keep up with maintenance and don’t forget to contract with a repair company that will respond to a call when equipment breaks down in hot weather.

We can help you prevent a loss

Click here for information about maintenance, checklists and loss prevention to help keep air conditioning running better and prevent equipment breakdowns.

  • Facebook
  • LinkedIn
  • Twitter
Help your customers keep their cool
Help your customers keep their cool
Help your customers keep their cool