Boiler & Machinery
STATE OF FLORIDA
BOILER AND MACHINERY INSURANCE
This insurance is purchased and administered by the department of management services, division of state purchasing. The outline of coverage shown above is provided as an overview; please refer to the insurance policy for specific information. All questions relating to this policy should be directed to State Purchasing at (850) 487-0417 or Suncom 277-0417.
COVERAGE:
Boiler and machinery insurance covers direct, accidental damage to objects within covered locations. (See defined terms below.) The insurance company provides inspections at no additional charge.
The State Risk Management Trust Fund does not cover losses or damage caused by the rupture, bursting, or operation of pressure relief devices; the rupture or bursting of pressure relief devices due to expansion or swelling of the contents of any building or structure caused by or resulting from water; or any loss which would normally be covered only under a standard boiler and machinery policy.
- “Accident” refers to a sudden and accidental breakdown of an object or a part of an object. At the time the breakdown occurs, it must manifest itself with physical damage to the object that necessitates repair or replacement. This includes direct loss or damage caused by the explosion of an object, unless otherwise excluded by the policy.
- “Covered location” refers to any location on schedule with the insurance company.
- “Object” refers to any boiler, fired vessel, unfired vessel normally subject to vacuum or internal pressure other than the weight of its contents; refrigerating and air conditioning vessels (and any metal piping and its accompanying equipment); mechanical or electrical machine or apparatus used for the generation, transmission, or utilization of mechanical or electrical power; and apparatus that is used for medical, diagnostic, surgical, dental, or pathological research.
- Any of the following vessels are included within the provisions of this section when used with an Object:
- a. Condensate return tank;
- b. Cushion or expansion tank used with a hot water heating boiler;
- c. Any machine.
COVERAGE LIMITS:
Limits apply per accident.
- Property Damage Coverage $15,000,000
- Accidental Breakdown $15,000,000
- Expediting Expense $ 150,000
- Hazardous Substance $ 150,000
- Ammonia Contamination $ 150,000
- Water Damage $ 150,000
- Perishable Goods* $ 7,000,000
*Coverage extension available for an additional premium.
DEDUCTIBLE:
10% of loss, with a minimum of $10,000.00.
PREMIUM CALCULATION:
Typically, boiler and machinery insurance premiums are determined by the age and use of each object insured, in addition to other factors such as location and past loss information. However, premium for this policy is determined by the building and contents value for each covered location, since it is often impractical to accurately capture a list of objects within a covered location.
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Insurance Application .doc (msword 44.50 kB)
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Boiler & Machinery Insurance Supplement Application .doc (msword 29.50 kB)
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Boiler and Machinery Insurance Inspection Form (pdf 52.27 kB)
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Boiler and Machinery Insurance Claim Form (pdf 50.33 kB)
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