Boiler and Machinery Insurance

Boiler and Machinery Insurance provides financial protection for loss resulting from damage to State owned property and including extraordinary expenses resulting from accidents to or explosions of boilers, pipes, pressure containers, machinery or apparatus. 

Great emphasis, in boiler and machinery insurance, should be placed on loss prevention and inspection of insured objects to prevent losses. Insurance should never be used as a substitute for a routine preventive maintenance program. 

The Department of Management Services, Division of Purchasing has established a comprehensive boiler and machinery policy for use by all Agencies of the State of Florida. The State University System represents approximately half of the State’s total exposure. 

Coverage

Provides financial protection for loss from damage to university property and for payment of reasonable extra costs of temporary repairs and of expediting the repairs resulting from an accident to a covered object. 

ACCIDENT refers to a sudden and accidental breakdown of the object or a part thereof which manifests itself at the time of its occurrence by physical damage to the object that necessitates repair or replacement. 

OBJECT is any boiler, fired or unfired vessel subject to vacuum or internal pressure other than static pressure, refrigeration system, piping and accessories, mechanical, electrical machine or apparatus generating, controlling, transmitting, transforming or utilizing power. 

Premium Basis 

An annual premium is developed for the schedule of covered objects. An audit premium may be generated by adding objects during the period. 

Acquisition of Coverage

For locations already covered by this policy, EH&S shall submit upon request, an up-to-date schedule of covered objects prepared in accordance with the policy guidelines, including specific buildings and complete object description. 

Impacted departments shall report additional or deleted locations to the current policy schedule within 180 days after the location is put into operation or eliminated. 

Guidelines for Boilers & Machinery to be Insured 

The following list of equipment should be used as a guide to the type of equipment to be reported for insurance coverage: 

Office Equipment 

Air Conditioning 

Communication Systems 

Refrigeration Systems 

Production Machinery 

Boilers & Pressure Vessels 

Robotics

CFC Refrigerant Coverage

Mechanical and Electrical Equipment 

Perishable Goods 

Diagnostic Devices 

Demolition costs 

Ovens, Stoves, Furnaces 

Hazardous Substances

Elevators, Escalators, Conveyors Computers Cranes, Hoists Fiber Optics 

Equipment Breakdown Coverage 

Claims Processing

All claims arising out of this coverage must be reported to EH&S and to the Division of Purchasing, Department of Management Services. This may be done by telephone or mail depending upon the urgency of the situation.