Why is a fuse box an insurance problem for homebuyers? To learn more about the issues with old fuse panels, go to our blog post “Why is an old fuse panel dangerous?” While we hope you find this series of articles about home inspection helpful, they should not be considered an alternative to an actual home inspection by a local inspector. Buying a new (old) house. It has a fuse box. Questions Mar 06, 2014The insurance agent who flipped out is a nervous nellie who doesn't (a) have the actuarial table to take "fuse box" as an input and adjust the rate based on known (low) risk and (b) doesn't understand power too well.