Some residential properties contain electrical circuits made with a metal other than copper. This different material, used in homes primarily between the 1960s and 1970s due to copper price increases, presents unique considerations for coverage. Its presence can affect the insurability and cost of a property.
The material’s susceptibility to oxidation and potential for loosening at connection points are key factors affecting its safety. These characteristics can increase the risk of fire, making insurers cautious. Understanding the history and potential hazards associated with this wiring is crucial for both property owners and insurance providers.
