HUB International 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. ¹Company-reportedBoiler and machinery product page, read 2026-09-23. The page does not name an issuing insurer.

No insurer is named for equipment breakdown coverage on the product page; the carrier depends on the placement. ¹Not found in reviewed sourcesChecked the boiler and machinery product page on 2026-09-23.

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. ¹Company-reportedProduct-page target-market description; not a published underwriting appetite.

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. ¹Company-reportedProduct-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. ¹Company-reportedProduct-page coverage-tier description.

Published policy limits or retentions for equipment breakdown coverage were not found on the product page. ¹Not publicly disclosedChecked the boiler and machinery product page on 2026-09-23; limits are set on the quote and declarations.

The boiler and machinery product page does not describe engineering inspections or other line-specific risk-control services. ¹Not found in reviewed sourcesChecked the boiler and machinery product page on 2026-09-23.

HUB directs prospects to "contact a HUB broker to get started" rather than an online quote or bind flow. ¹Company-reportedProduct-page call to action.