Does Homeowners Insurance Cover Air Conditioner Replacement? 
I am assuming that you are talking about a Central Air system . Homeowners Insurance provides broad coverage for damage caused by named perils , and excludes coverage for damage caused by some specific instances like earth movement and flood for example . So say there is a lightning strike that damages electrical appliances connected to your home , including your AC unit . In a situation like that , subject to your deductible , insurance will cover the cost to either repair or replace those appliances . If they are damaged by a flood or a mudslide or some other form of earth movement , then the policy would not provide coverage . 