What is the sublimit for hazardous substance cleanup in equipment breakdown coverage?

In equipment breakdown coverage, the sublimit for hazardous substance cleanup is set at $25,000. This specified amount represents the maximum the insurer will pay for the cleanup of hazardous substances following an equipment breakdown incident. The importance of having a clearly defined sublimit lies in the potential financial implications of hazardous material cleanup, which can be significant and costly. By establishing this sublimit, insurers provide coverage that helps policyholders manage unexpected expenses arising from equipment failures that result in hazardous substances, while also maintaining control over risk exposure for the insurer. Understanding the specifics of coverage limits is crucial for property insurance holders in Idaho.