A boiler is to a building as your heart is to your body: The wrong thing happens, and any other concern that may be troubling you becomes moot. Like your heart, a boiler is subject to deterioration that may not be apparent until it is too late. The only way to become aware of declining conditions and avoid catastrophic loss is through examination by a qualified person.
Throughout history both physicals and boiler inspections have saved lives…maybe even your own.
What does this have to do with insurance? If machinery and equipment coverage is included in your business insurance policy, inspection services may be available through your insurer at no charge to you.
Most cities and states in the U.S. have laws governing the safe operation, periodic inspection and certification of boilers and pressure vessels in public and private buildings that are not privately owned, single-family residences. These laws help protect the public from loss or injury due to boiler or pressure vessel failure. The governing body keeps inspection results and issues certificates for operation.
Insurers offering machinery and equipment coverage employ individuals qualified to complete and report inspections required by most every jurisdiction ̶ usually at no cost to the owner or operator of the insured boiler or pressure vessel. While the jurisdiction or third-party companies may offer such inspections, typically they charge the equipment owner.
If your boiler or pressure vessel falls under the safety laws for your state, county or city, contact your independent insurance agent and ask to be put in contact with your insurer’s inspector for your area.
If you do not have machinery and equipment coverage, ask for a quote. Alternatively, contact your state, county or city and determine what is necessary to have your boiler or pressure vessel inspected and certificated by them.
Just as regular checkups can detect heart disease early, regular inspections can prevent a catastrophic failure of your boiler or pressure vessel. Don’t wait until it’s too late!
NOTE: While this article pertains to laws covering boilers in public places and multi-family residential dwellings, the same perils are present in boilers, water heaters or pressure vessels installed in a home. While they may not be covered by inspection laws, they are still subject to potentially catastrophic failure. Only periodic inspection and testing by qualified service firms or persons can help to circumvent equipment failure.
Example of a pressure relief valve working, preventing an explosion:
Article from the National Board of Boiler and Pressure Vessel Inspectors:
This loss control information is advisory only. The author assumes no responsibility for management or control of loss control activities. Not all exposures are identified in this article.
Article compliments of Cincinnati Insurance Companies