Boiler and Machinery Coverage

Last week I began a series of posts related to the complex area within insurance for boiler and machinery coverage. This post will continue the discussion about interesting areas of coverage within boiler and machinery policies. What does the term "hostile fire" mean in the context of boiler and machinery policies? A fire loss exclusion in a boiler and machinery policy could be construed to be referring only to a "hostile fire" since the boiler could not be operated or used without the "friendly fire" under it.1

Continue Reading Breaking Down Boiler and Machinery Coverage, Part 2

One of the lesser-known insurance contracts is the one especially designed to cover boilers. Boiler insurance or boiler and machinery insurance is a type of casualty insurance covering damage to property of the insured or of others for which the insured may be responsible, and for damages from personal injury or death of any person caused by the explosion or collapse of boiler.

Continue Reading Breaking Down Boiler and Machinery Coverage