The following was taken from a newsletter from Mutual Boiler Re and was used with permission.
More than 60% of all equipment breakdown losses are attributed to electrical breakdown. Electrical power surge is responsible for the majority of electrical breakdown losses. Protection against power quality issues is essential to preventing these types of losses. Below are resources to help prevent electrical damage to critical equipment and property.
Barton Mutual offers Equipment Breakdown coverage on Homeowner, Farmowner, Mobile Homeowner, Rental, Seasonal, Commercial and Businessowner policies for only $25 annually per policy. If you don’t already have this valuable coverage added to your policy, contact your agent today.
This information is meant to be a broad overview and should not be the only source you consult for evaluating insurance coverage or purchase. The description of coverages and programs are purposely brief and are subject to specific policy provisions, limitations and exclusions that can only be expressed in the policy itself. For a complete explanation of coverages, please consult one of our licensed agents.