Live in an apartment and the closest thing i could find without calling the insurance company is this wording on the pdf.
Fuse is burning and lighting up on fire, looking to replace the unit as soon as possible.
Can You Tell Me if Hot Water System Replacement Is Covered under My Contents Insurance?
Where your insured address is a strata
title development, fixtures, fittings and/
or structural improvements for which
you are legally responsible or which
are owned by you and which are not
insurable by the body corporate.