As more and more homes are outfitted with the latest technology and sophisticated equipment, our clients see a growing need to offer equipment breakdown products that complement their homeowners policy form. Because homeowner policies vary in scope and what they cover, off-the-shelf protection solutions may not close all their clients’ equipment breakdown coverage gaps.
BoilerRe has the keen eyes needed to identify and respond to exclusions across a variety of homeowner policies, such as HO2, HO3 and other forms. Backed by more than a century of experience developing coverage, our equipment breakdown reinsurance protects your clients from the costs associated with repairing or replacing sophisticated household equipment damaged by mechanical, electrical or pressure failure.
Homeowners segment highlights:
With equipment breakdown coverage becoming a norm in the homeowners insurance marketplace, we keep your coverage offerings one step ahead of your competition.
Learn how our service offerings can be individualized for you and your clients.
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