If you’ve been in business a while, you might have heard the phrase “boiler and machinery insurance.” Today it’s called Equipment Breakdown insurance and these now cover much more than boilers and machinery, hence the name change. Read on to learn more about this valuable coverage. Insurers introduced boiler and machinery coverage in the mid-1800s...
Read more
The Insurance Formerly Known as Boiler and Machinery
If you’ve been in business a while, you might have heard the phrase “boiler and machinery insurance.” However, today’s policies do much more than cover boilers and machinery, hence the name change. Read on to learn more about this valuable coverage. Insurers introduced boiler and machinery coverage in the mid-1800s to cover valuable steam-powered machinery...
Read more