HUB International vs Nationwide: How Do They Compare for Equipment Breakdown Insurance?

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. ⁴Company-reported. Boiler and machinery product page, read 2026-09-23. The page does not name an issuing insurer.

Nationwide describes offering equipment breakdown for the audience stated on the cited product page. ⁸Company-reported. equipment breakdown marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

No insurer is named for equipment breakdown coverage on the product page; the carrier depends on the placement. ⁴Not found in reviewed sources. Checked the boiler and machinery product page on 2026-09-23.

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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. ⁴Company-reported. Product-page target-market description; not a published underwriting appetite.

Businesses using mechanical/electrical equipment, computers, networks, heating/cooling, or other listed systems. ⁸Company-reported. equipment breakdown marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

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. ⁴Company-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. ⁴Company-reported. Product-page coverage-tier description.

The cited product page describes repair or replacement costs for covered equipment failures and related business-income or restoration expenses described on the page. Marketing description only; actual coverage, exclusions, conditions, limits, and availability depend on the issued policy and jurisdiction. ⁸Company-reported. equipment breakdown marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.

Published policy limits or retentions for equipment breakdown coverage were not found on the product page. ⁴Not publicly disclosed. Checked the boiler and machinery product page on 2026-09-23; limits are set on the quote and declarations.

The cited overview does not set a universal limit or retention for this line. Ask for the proposed policy form, limits, retentions, exclusions, and conditions in the quote. ⁸Not publicly disclosed. Only the cited marketing page was reviewed for published limit and retention information; no policy-form entitlement is inferred.

The boiler and machinery product page does not describe engineering inspections or other line-specific risk-control services. ⁴Not found in reviewed sources. Checked the boiler and machinery product page on 2026-09-23.

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HUB directs prospects to "contact a HUB broker to get started" rather than an online quote or bind flow. ⁴Company-reported. Product-page call to action.

The page directs prospective customers to contact an agent or request a quote. The page does not establish a quote, bind, or coverage-effective timeline. ⁸Company-reported. equipment breakdown marketed by nationwide; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement.