Alliance Risk vs HUB International Equipment Breakdown Insurance

Alliance Risk arranges equipment breakdown insurance (sometimes called boiler and machinery insurance) as a broker, and says it is often bundled into a Property or Business Owner's Policy for a small additional premium rather than sold only as a standalone policy. ³Company-reported. Equipment breakdown product page.

HUB brokers boiler and machinery (equipment breakdown) insurance, available as a standalone monoline policy or embedded within a client's property policy, rather than underwriting the coverage itself. ⁷Company-reported. Boiler and machinery product page, read 2026-09-23. The page does not name an issuing insurer.

The reviewed equipment breakdown page does not name the insurer that would issue a policy for a given buyer. ³Not publicly disclosed. Equipment breakdown product page as read on 2026-09-23.

No insurer is named for equipment breakdown coverage on the product page; the carrier depends on the placement. ⁷Not found in reviewed sources. Checked the boiler and machinery product page on 2026-09-23.

Alliance Risk targets equipment breakdown coverage at businesses relying on machinery, electronics or HVAC systems, naming manufacturers, processing plants, restaurants and commercial kitchens, hospitals and clinics, real estate operators, data centers, financial institutions and tech companies. ³Company-reported. Equipment breakdown product page; eligibility for a particular company depends on underwriting.

HUB targets this coverage at manufacturing companies running equipment that must operate continuously, businesses that process goods using electrical, mechanical, heating or refrigeration equipment at scale, and small businesses protecting equipment such as air conditioners, computers, refrigerators and ovens. ⁷Company-reported. Product-page target-market description; not a published underwriting appetite.

Alliance Risk lists mechanical breakdown, electrical failure, boiler explosion or pressure-system damage, business income loss and spoilage from a covered breakdown as typically covered, and says routine wear and tear, software failures or data loss, damage from external perils like fire or flood, and cosmetic damage are excluded and belong to other coverage such as property insurance. ³Company-reported. Equipment breakdown product page; coverage and exclusions described in general terms, subject to the policy as issued.

HUB says the coverage it arranges pays the costs to repair or replace equipment damaged by a sudden, unforeseen breakdown, losses from the resulting downtime, and other property damage caused by the malfunctioning equipment, and lists manufacturing equipment (boilers, generators, engines, HVAC systems, transformers) and office equipment (elevators, computers, copiers, security systems) as typical covered items. ⁷Company-reported. Product-page coverage description; the issued policy's definitions and exclusions control an actual claim.

HUB describes three coverage options for equipment breakdown: basic, broad, and consequential-damage coverage for losses resulting from equipment failure, plus an Extra Expense component that covers costs to keep operating during a breakdown but excludes loss of income unless combined with business income coverage. ⁷Company-reported. Product-page coverage-tier description.

The reviewed equipment breakdown page gives cost ranges by business size (for example, small businesses at $300-$2,500 annually up to larger or industrial businesses at $5,000-$20,000-plus) but does not publish specific coverage limits, retentions or deductible amounts for this line. ³Not found in reviewed sources. Equipment breakdown product page as read on 2026-09-23; cost figures are illustrative premium estimates, not published limits.

Published policy limits or retentions for equipment breakdown coverage were not found on the product page. ⁷Not publicly disclosed. Checked the boiler and machinery product page on 2026-09-23; limits are set on the quote and declarations.

The reviewed equipment breakdown page does not describe a dedicated risk-control service or specialist team for this line beyond generic risk-management tips such as scheduling preventive maintenance and installing surge protectors. ³Not found in reviewed sources. Equipment breakdown product page as read on 2026-09-23.

The boiler and machinery product page does not describe engineering inspections or other line-specific risk-control services. ⁷Not found in reviewed sources. Checked the boiler and machinery product page on 2026-09-23.

The equipment breakdown page's only application route is a generic 'Get a quote' request; it does not list the specific submission information Alliance Risk asks for on this line, unlike its D&O, EPLI and fiduciary product pages. ³Not found in reviewed sources. Equipment breakdown product page as read on 2026-09-23.

HUB directs prospects to "contact a HUB broker to get started" rather than an online quote or bind flow. ⁷Company-reported. Product-page call to action.

The reviewed equipment breakdown page does not describe an Alliance Risk claims-handling or claims-advocacy process for this line. ³Not found in reviewed sources. Equipment breakdown product page as read on 2026-09-23.

Not described in the reviewed sources.