We have received questions from house corporation officers about the purpose and value of Equipment Breakdown coverage. For greek-owned property, this coverage provides insurance protection for the types of property and against the kinds of losses not covered by property insurance.

Boilers, heating, refrigeration or air conditioning systems, computers, and virtually all other forms of electrical or mechanical equipment breakdown are protected.

Common causes of losses are:

  • Explosion
  • Burning or Cracking
  • Motor Burnouts
  • Electrical Damage
  • Power Overloads
  • Flood Spoilage
  • Mechanical breakdowns from centrifugal force or metal fatigue


Not surprisingly, 80% of all Equipment Breakdown claims are from electrical or air conditioning equipment.

As with the property coverage, Replacement Cost, including Building Codes or Law & Ordinance Coverage, Loss of Income and Extra Expense protection are also provided with your RMF Program Coverage.

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