Colonial General Insurance Agency









Equipment Breakdown

  • Policy Highlights:

  • Equipment Breakdown Coverage rounds out your account and provides valuable coverage for your customers. Include it on all your property quotes and see how the benefits add up.

  • Benefits:

  • • Covers five standard Property exclusions:

  • 1. Mechanical breakdown

  • 2. Artificial electrical disturbance

  • 3. Steam Explosion

  • 4. Breakdown of steam vessels and piping

  • 5. Breakdown of hot water vessels and piping

  • • Provides both direct and indirect coverages

  • • Covers equipment plus resultant damage to covered property

  • • Increased premium

  • • Potential to avoid E&O issues

  • • Statutory and jurisdictional inspections at no additional cost

  • • Great value for the price—easy and affordable to provide in a package


  • Equipment Covered for Accidental Breakdown:

  • Electrical— power transformers, electric motors, switchboards, distribution panels, circuit breakers, cables, bus ducts, etc.

  • Air Conditioning & Refrigeration— air conditioning and
    refrigeration motors, compressors, fans, switchboards, coils, pipes, vessels, etc.

  • Boilers & Pressure Vessels— heating or process boilers, pressure vessels, cookers, sterilizers, vulcanizers, etc.

  • Computers & Communications— environmental control, communications, computing equipment, etc.

  • Mechanical— pumps, fans, blowers, engines, turbines,
    compressors, gear sets, etc.

  • Pricing:

  • Convenient tiered flat charge pricing is available based on the total property limit per location. Annual premiums may be
    prorated if coverage is added midterm.