Load shedding: Your generator and insurance go hand in hand

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Is load shedding leaving you powerless? You might be thinking about getting a generator or you might already have one. Having a generator ensures that you can cook your food or stay up to date with your favourite TV programmes during load shedding, but did you know that owning a generator comes with its own set of insurance implications? If you own a generator or want to own one, we advise that you stay well informed in order to avoid any financial setbacks with claims relating to loss, theft or damage.

Some insurers cover generators in their standard home insurance policies, and others do not. In addition, some insurers impose certain limitations and restrictions depending on whether your generator is a fixed one or a portable one.

Therefore, it is of utmost importance to have comprehensive insurance in place. It’s important to note that policyholders who own generators or are thinking of getting a generator must ensure that they adhere to the correct installation and usage requirements. This way, you can possibly avoid any generator-related claims being rejected.

We recommend that homeowners receive a certificate of compliance from the electrician after the installation has been completed, as this will prove that the generator was installed correctly. This will come in handy if you need to claim. An improperly installed generator could be a potential fire hazard, that’s why we cannot stress the importance of proper installation enough. According to Eskom, a generator must be kept at least five metres away from your home and working smoke, and Carbon Monoxide detectors must be installed in order to avoid this potential hazard.

Additionally, your generator must be placed in a weather protected area with enough ventilation. The above-mentioned precautions can be taken to ensure that you do not find yourself in a potentially dangerous and financially crippling situation.

If you are the owner of a generator or are considering to get one, make sure to contact Stepp today to ensure that you are properly insured in the case of theft, loss or damage.

This article is a general information sheet and should not be used or relied on as legal or other professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your adviser for specific and detailed advice. Errors and omissions excepted (E&OE)

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