Equipment Breakdown Insurance

Standard property typically excludes the equipment’s own mechanical, electrical, or pressure breakdown, so this coverage is usually added on.

Many programs include business income and extra expense from a covered breakdown. We will review what fits your operation.

No. A warranty covers defects and upkeep. Equipment breakdown insurance covers sudden accidental failure and the resulting business losses.

Often yes, when a covered breakdown causes the spoilage, such as a refrigeration failure. We will confirm the limits.

Tell us when equipment arrives, not at renewal. New production machinery, a replacement chiller, a second walk-in, or an added transformer all change what is at risk, and some ...

More than boilers, which is where the coverage came from. Modern forms reach electrical systems and transformers, HVAC and refrigeration, air compressors, pumps, elevators, production machinery, and in many ...

Yes, through expediting expense, which is often the most useful part of the form. Expediting expense funds the extra cost of speeding a repair: overtime, express freight for a ...

A sudden physical failure from a mechanical, electrical, or pressure cause. Typical triggers are an electrical arc or short in a panel or transformer, a motor or compressor seizing, ...

Anything gradual, and anything already covered by the property form. Wear, corrosion, erosion, and deferred maintenance are excluded, because the coverage is for sudden and accidental breakdown rather than ...