Commercial property policies typically exclude explosion of steam boilers and breakdown of machinery. Boiler and machinery insurance ensures protection against financial loss from property damage, business interruption, and spoilage — the result of sudden and accidental mechanical breakdown. This coverage can extend to all pressure-driven, mechanical, and electrical equipment failures, including broken gears, cracked or ruptured pipes, and electrical motor burnout. Such issues are not covered by most standard property insurance policies. As a consequence, boiler and machinery coverage has become a necessity for community associations.
Machinery equipment differs from other types of property, continuously evolving with technological advances and presenting new, unforeseen risks. We utilize our industry expertise to design boiler and machinery insurance that addresses these risks. By offering a broad range of insurance coverage for multiple types of equipment, we are able to keep pace with modern challenges as they arise.