Boiler and Machinery/Residential Real Estate Insurance

While Boiler and Machinery Insurance may not be as commonly associated with residential real estate as it is with commercial or industrial settings, its relevance in certain residential contexts highlights the importance of comprehensive insurance coverage to protect property owners, landlords, tenants, and property management professionals alike.

It covers the repair or replacement costs of vital systems like boilers, HVAC, and water heaters, shielding them from unexpected breakdowns.

  • In high-end residences, where complex machinery is common, this insurance ensures costly repairs don't become a financial burden.
  • For landlords renting out properties, it safeguards against potential liabilities arising from equipment malfunctions, protecting both property and tenants.
  • Companies that manage residential properties on behalf of homeowners or investor clients may also benefit from Boiler and Machinery Insurance.  They can ensure that the properties they oversee are adequately protected against equipment breakdowns.
Preferred Property Program, Inc.

Preferred Property offers Umbrella, Boiler & Machinery/Equipment Breakdown, and Environmental Impairment Liability quotes for habitational clients. We have low limit Umbrellas from $1 million to $5 million with Chubb and high limits of $5 mill...
MAXIMUM
Personal Lines

Our Specializations: Coastal Property Homeowner Coverage Secondary, Seasonal & Vacation Residences with or without Coastal & Ear...
Click above for a 3-5 min. overview with Joe Messina, CEO of Maximum Independent Brokerage.
AI Risk
Real Estate

Key Risk Groups:   Commercial Real Estate Owners, including shopping centers, office buildings and other commercial buildings. Coverage: ...
Click above for a 3-5 min. overview with Joe Surette of AI Risk.
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Further Reading 
Boiler and Machinery policies provide two major services. Insurance in the form of property coverage for damage to buildings, boilers, machinery and additional liability coverage in the event of an explosion. Second, a valuable inspection service for...
This month the United States Department of Labor reported that from 2011 to 2014 it recovered more than $6.8 million in overtime and unpaid minimum wages for more than 1300 employees in Bay Area nursing homes and residential care facilities.  ...
Using safety equipment that's appropriate, well maintained, and in good shape can keep minor accidents in home construction from turning into serious - and costly - injuries. The National Association of Home Builders and the U.S. Occupational Safet...
In the residential-construction industry, plaintiffs' attorneys keep coming up with new creative ideas for class-action lawsuits - a shift from litigation by individual homeowners to more inclusive claims, such as the Chinese drywall class-action su...
Machinery and equipment includes hand tools, especially power driven devices. Saws present obvious hazards. Production equipment tends to be heavily guarded by the manufacturer. But, to be extra cautious, inspect all devices for the following haza...