Equipment Breakdown

Equipment Breakdown Insurance may be applicable if your organization experiences short circuits, power surges, operator error, mechanical breakdown, motor burnout, or electrical arching and boiler damage.

Charity Risk had partnered with Travelers & Harford Steam Boiler,  the industry leaders, to offer this optional coverage for human and social service organizations. Equipment Breakdown Insurance is written as part of the standard Charity Risks' package policy and provides protection for:

• Direct damage to many unique forms of equipment, such as electronic, technological, electrical, refrigeration, controls in addition to boilers and pressure vessels
• Expenses incurred to limit the loss or speed the business restoration
• Lost value of spoiled products or materials