Coverage for loss due to mechanical or electrical breakdown of nearly any type of equipment, including photocopiers and computers. Coverage applies to the cost to repair or replace the equipment and any other property damaged by the equipment breakdown. Resulting business income and extra expense loss is often covered as well. Equipment breakdown insurance is increasingly replacing traditional boiler and machinery (BM) insurance, in part simply because the title is more descriptive of the coverage provided. Also, today’s equipment breakdown policies typically provide slightly broader coverage than traditional BM policies, and they usually do not use the specialized terminology found in traditional BM policies.

At first glance, Boiler & Machinery Insurance seems like a policy you could do without. But, if experience has taught us anything, it’s that if something can go wrong, chances are it will. Don’t make the mistake of presuming a commercial property policy will cover boilers on the fritz or heavy machinery that suddenly malfunctions. You need specific Boiler & Machinery Insurance if you want to have any hope of protecting either one. At We can issue you a stand-alone Boiler & Machinery Insurance policy, or we can fold it into your existing Marine Program policies. If you would like to learn more about our Boiler & Machinery Insurance, our Marine Program, or the carriers we represent, please contact us as soon as possible. We would be happy to meet with you and discuss the needs of your maritime business.