Equipment Breakdown

Did you know that mechanical breakdowns are typically not covered under any other insurance policy? Equipment breakdown policies can protect you against the effects of catastrophic property loss, such as steam boiler explosion or an expensive breakdown of machinery and equipment. Did you also know that it covers any machine that generates electrical power like generators, motors, and other power sources? Equipment Breakdown Insurance basically covers problems that arise out of mechanical, pressure, refrigeration, electrical, and turbine devices and includes the damage to not just the machine, but also to the surrounding area through explosions, fire, and more.