Equipment breakdown coverage was traditionally listed as boiler and machinery insurance. Equipment breakdown insurance is a supplemental coverage that protects business property, otherproperty losses, and legal fees that may result from malfunctions of business equipment. Equipment coverage insurance will, in most cases, cover the
cost of inspection and maintenance of equipment. Equipment coverage can include machinery used in retail, office and manufacturing settings.
Equipment coverage also includes most major machinery systems common to most commercial buildings, such as, heating, production equipment, compressors, gears, fans, blowers, pumps, ventilating and air conditioning. Equipment coverage insurance can also help cover costs due to damages related to electrical systems, such as, transformers, electrical switch gears, motors, voltage regulators, generators, computers, fax machines, copiers and telephone systems. These policies can be written to cover replacement of damaged or destroyed equipment, and loss of profits and continuing expenses, or business interruptions, which may have occurred due to equipment breakdowns.
