How much automatic coverage does the Equipment Breakdown Coverage policy provide for water damage losses?

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The Equipment Breakdown Coverage policy includes a provision for automatic coverage specifically for water damage losses associated with the breakdown of equipment. The amount of coverage provided for these types of losses is set at $25,000. This allows policyholders to have a reasonable level of financial protection in the event of water damage that results from an equipment failure. This coverage is significant because it addresses a common risk for businesses that rely heavily on mechanical equipment, ensuring they have adequate resources to mitigate potential losses due to equipment malfunction or breakdown. Other amounts provided in different options pertain to various limits or coverages under equipment breakdown but do not reflect the specific automatic coverage limit for water damage losses.

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