Experience Equals Better Coverage

At Hartford Steam Boiler (HSB) we use our specialized experience and engineering knowledge to design Equipment Breakdown (boiler and machinery) insurance that addresses contemporary risks.

Today's technology is at risk.  Modern equipment often uses microprocessors and sensitive technology that is vulnerable to power surges, low voltage and other problems. HSB designed Equipment Breakdown coverage protects a wider range of equipment and technology, including equipment that other insurers may exclude.

Equipment breakdown can also lead to the loss of data and significant data recovery costs. Traditional equipment coverage is often limited to the cost of the media such as tapes or discs.  HSB Equipment Breakdown insurance covers data restoration expenses as well as physical damage.

Power surges are now one of the leading causes of equipment failure. Despite this, some equipment breakdown insurers will deny breakdown losses due to power surges stemming from weather-related events such as storm damage to power lines.  HSB's Equipment Breakdown policy specifically covers such surge losses. 

New business practices present new risk.  Companies today use "just-in-time" inventory techniques and are often reliant upon other businesses for supplies and components. HSB offers Contingent Business Income coverage for losses arising from an accident at the location of a third-party supplier of the insured.

Technical advances have made equipment smaller and more mobile.  Other insurers may exclude loss to portable equipment when it is in transit or at another location.  HSB's Equipment Breakdown insurance can cover equipment when it is off the insured's premises.

Select HSB to ensure you get the best Equipment Breakdown insurance available.