When Do I Need It?
Equipment breakdown coverage is a form of commercial insurance that provides funds to repair or replace damaged machinery or equipment that has suffered a mechanical or electrical failure.
The Benefits of Tools & Equipment Breakdown Insurance:
- Payment to repair or replace equipment. Breakdowns can happen at any time.
- Coverage for lost income. Let’s say you run a restaurant and service is halted when your refrigerators break down.
- Peace of mind in modern times.
- Protection for gaps in other coverage.
Competitive insurance products and strategies to optimize the reliability, lifespan and energy efficiency of equipment and operations.