Keep your critical equipment running
Equipment failure can halt operations, disrupt customer commitments and create significant financial loss. Our advisors help you understand your exposure to sudden mechanical, electrical and pressure-system breakdown, then structure insurance that supports operational resilience and recovery.
Targeted commercial protection
Comprehensive coverage for complex systems
Modern businesses depend on interconnected HVAC, refrigeration, electrical, pressure, mechanical and technology systems. A breakdown can create losses well beyond the cost of repairing the equipment itself. We help you understand where failures could interrupt operations and structure coverage for the risks that remain.
Property damage
Help cover the repair or replacement of critical boilers, pressure vessels, electrical panels, refrigeration systems and other covered equipment following a sudden mechanical, electrical or pressure-system failure.
Business income loss
Help protect lost operating income and continuing expenses, including payroll, when a covered equipment breakdown forces your business to temporarily halt or reduce operations.
Service interruption
Help protect business income and inventory when a covered equipment breakdown at an off-site utility or service provider interrupts a qualifying service, such as power, gas or water.
Perishable goods & spoilage
Help cover spoilage involving food, pharmaceuticals or other temperature-sensitive inventory when refrigeration, HVAC or climate-control systems experience a covered breakdown.
Expediting & recovery expenses
Help fund temporary repairs, overtime labour and expedited delivery of replacement parts when these costs can shorten the restoration period following a covered loss.
Hazardous substances
Help address cleanup, decontamination and property damage expenses when refrigerants, chemicals or other hazardous substances escape following a covered equipment breakdown.
Canada’s leading brokerage
Why partner with Navacord for equipment insurance
We combine risk-advisory expertise with access to leading Canadian insurers to help protect your business assets, earnings and operational continuity.
Risk-focused policy design
We assess how critical equipment supports your operations, revenue and customer commitments, then design coverage around the exposures that remain after practical risk controls are considered.
In-house claims advocacy
Our dedicated claims experts support you through every step of the process to secure fast, fair claim settlements.
Cross-industry expertise
Connect with specialized advisors who understand complex manufacturing, commercial real estate, and municipal equipment risks.
FAQs for boiler & machinery insurance
Commercial property policies generally respond to specified external causes of loss but may exclude or limit internal mechanical and electrical breakdown. Boiler and machinery insurance, commonly called equipment breakdown insurance, is designed to address covered sudden and accidental mechanical, electrical and pressure-system failures. Exact coverage depends on the policy wording.
Commercial property policies generally respond to specified external causes of loss but may exclude or limit internal mechanical and electrical breakdown. Boiler and machinery insurance, commonly called equipment breakdown insurance, is designed to address covered sudden and accidental mechanical, electrical, and pressure-system failures. Exact coverage depends on the policy wording.
Depending on the policy, covered equipment may include HVAC and refrigeration systems, boilers, pressure vessels, electrical panels, transformers, production machinery, motors, pumps, controls, and certain electronic or computer equipment. An equipment inventory and policy review can help identify important limitations or gaps.
It is not intended to replace routine maintenance or fund gradual deterioration. Wear and tear, corrosion, rust, and other maintenance-related conditions are commonly excluded, although a resulting covered breakdown may be treated differently depending on the wording.
Service interruption coverage may protect business income, extra expense, or spoilage exposures when a covered breakdown at an off-site utility or service provider interrupts a qualifying service. Waiting periods, distance limitations, covered services, and other conditions vary by policy.
No. Any organization that depends on mechanical, electrical, pressure, refrigeration, climate-control, or electronic systems may have a meaningful exposure. This includes manufacturers, commercial property owners, restaurants, retailers, offices, healthcare facilities, institutions, and multi-unit residential properties.
