Most property insurance policies do not offer Boiler and Machinery coverage, therefore, leaving a gap and your business unprotected. Boiler And Machinery Insurance provides coverage for physical damage to and financial loss from equipment breakdown.
Boiler and machinery insurance, also called equipment breakdown insurance, covers the cost of repairing or replacing the damaged equipment and business losses incurred from the equipment not functioning. This type of insurance can cover a wide range of equipment, including HVAC systems, ovens, boilers and furnaces, refrigeration units, elevators, and office equipment.
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