Q. Why Are Certain Electrical Panels (Federal Pacific Electric & Zinsco) Ineligible for Insurance?
A. Passing judgment on these types of electrical panels isn’t something that insurance professionals can do, but many insurance companies say that they experience more claims related to electrical fires in homes with these panel boxes. Many times homeowners don’t know they have a questionable electrical panel until they have had a 4 Point Inspection.
Federal Pacific circuit panels were one of the most used panels from the 1950’s through the 1980’s. The danger with these panels is that they work fine for years, but one short circuit can cause the panels to overheat and become fire hazards. I found a great website that goes into much more details on problems with Federal Pacific and Zinsco electrical panels – Is My Panel Safe? Check them out to learn more and see pictures of problematic panels.
There are insurance carriers that will provide coverage on homes with this type of electrical panel. If you need help finding one of those carriers let us know so we can help.