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Boiler & Machinery

Boiler & Machinery insurance is also known as Equipment Breakdown coverage and is not just for boilers but any equipment that generates electrical power or any machinery including pressurized, production, electronic equipment and electrical systems.

If your building has a boiler, you need boiler and machinery insurance. Your building insurance does not cover damage caused by boiler explosion or the resulting loss of income and extra expense. Many building owners do not realize that a boiler explosion can cause extensive damage to a building.

Only boiler and machinery insurance covers loss due to boiler explosion.

Boiler and machinery insurance can also be used to insure sudden and accidental breakdown of other types of equipment including oil, gas, or electric furnaces, air conditioning equipment including chillers and compressors, circuit breaker boxes, hot water heaters, emergency power generators and other building service equipment.

Equipment Breakdown can also cover sudden and accidental breakdown of equipment. You should review your lease to determine if you are responsible for building service equipment such as the heating and air conditioning, circuit breaker boxes, or hot water heater. Coverage can also be purchased for virtually any electrical or mechanical device or production equipment you use in your business including telephone and photocopying equipment. Coverage extends to loss of income related to the breakdown.

What causes boiler and machinery losses?

Sudden and accidental losses occur from a variety of causes including:

  • Old or fatigued equipment and electrical panels
  • Lack of proper maintenance
  • Machinery/circuits used beyond capacity
  • Lack of safety devices
  • Operator error
  • Dirty or dusty operating environment

To help prevent such losses, business owners should routinely inspect equipment and provide continuous education to employees who operate or maintain machinery.

Your business equipment is an important part of your business operations. Protecting your equipment, telephones, computers and electrical systems along with other equipment that are vital to your success should not be overlooked.

Request a Quote for Equipment Breakdown Insurance today.

What to do before and after a Flood

FEMA created a claims guide with tips about what to doe before and after a flood, including filing a claim and the steps involved in appealing a denied claim.  Please reivew the 2014 NFIP Flood Insurance Claims Handbook for more informaton.

Tips for Winterizing your Home

The Farmer's Almanac is predicting this winter will be one of the worst ever, with temperatures below average and unusual high levels of snow fall.  Learn tips for protecting your home against damages associated with this season by clicking here

Health Reform

Health Reform – Learn how it will affect you!
Click here for information.
Travel Insurance

Protect yourself when you travel.  Vacation, Temporary Worldwide Medical, Permanent Worldwide Medical, and Emergency Medical Evacuation Insurance. Click here to review and purchase Travel Insurance!
Carbon Monoxide

More than 400 people are killed each year in the United States from carbon monoxide poisoning. Click for more information.
Employment Practices Liability

Employment Practices Liability is an important coverage that businesses should have.  Click here to see some claim examples.
Directors & Officers Liability

Just like public companies, private companies and their directors and officers are vulnerable to lawsuits. According to a recent CHUBB study, the average loss (settlement, judgement, and legal costs) was $225,682. To find out more about D&O Liability coverage click here

I have such complex business insurance needs. I truly appreciate the professional, courteous and prompt attention given to me by my Commercial Account Manager and the other staff at Horenberg Insurance. --- Arthur Tsiamis