

HSB WHISTLESTOP
For Agents & Brokers


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January 2012
HSB inspector helps church save on fuel bills
With HSB, customers can get the most out of equipment
As religious institutions work to meet the many needs of their members and communities, every dollar counts. So, it was important to a church when its leaders heeded the advice of an HSB inspector, who helped the congregation select new boilers that heated the building and cut fuel oil bills almost in half.
HSB’s superior equipment breakdown coverage is essential as today’s growing needs put a strain on the aging equipment of religious institutions. HSB insures more than half of the religious institutions in the United States — nearly 140,000 locations. In a recent two-year period, HSB paid $12 million in these claims.
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Did you know?
HSB, Munich Re, offer webinars on renewable energy
The use of renewable energy sources is becoming increasingly common in schools, farms, office buildings and other places that traditionally did not include any power generating equipment. What are the risks for equipment owners and insurers? How can agents keep up with changing technologies and help clients protect their investment? HSB and our parent company, Munich Re, are offering recorded webinars on renewable energy, which can help you understand this emerging trend. Visit our website and view our webinars.
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Data breaches and ID theft a threat to every business
Identity thieves had one target in mind when they broke into the office of a local tax service and stole the computer which stored the personal and financial information of its customers. Checks and other valuables were left untouched once the criminals had their prize — the private data that individuals provided for their tax returns. Data can be lost or stolen from any business. In fact, half of all data breaches are reported by smaller companies and institutions.
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Recent paid equipment claim: church boiler
A church boiler was shut down after parishioners smelled natural gas. A technician found the low water cut-off valve failed due to sludge and corrosion and the boiler had overheated. A rental unit provided heat during repairs.
| HSB Paid |
$18,000 |
| Extra Expense |
$1,000 |
| Total Paid Loss |
$19,000 |
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This example summarizes actual losses and coverage. For all terms, conditions and exclusions, consult the actual policy.
Hartford Steam Boiler
One State Street
P.O. Box 5024
Hartford, CT 06102-5024
860-722-1866
© Copyright 2012 The Hartford Steam Boiler Inspection and Insurance Company.
All rights reserved. |