Keep your business running, even if your equipment isn’t

While your property insurance covers your building and contents, it typically doesn’t include coverage for your mechanical equipment when it breaks down, ruptures or cracks. With Equipment Breakdown Insurance, you can rely on coverage for costly repairs and keep your business running.

Why choose Equipment Breakdown Insurance?

Equipment Breakdown Insurance covers you for property damage resulting from the sudden and accidental breakdown of insured equipment that is not automatically covered by a standard commercial property policy. This coverage insures against property damage, business interruption (when included in your policy) and spoiled inventory or contents that result when specified kinds of mechanical, electrical and pressure equipment are damaged, including power surges.

You can insure nearly everything for loss that is mechanical, electrical or under pressure due to breakdown, including boilers, air conditioning and refrigeration units, electrical panels, computers and security or telephone systems.

For businesses with specialized equipment, you can also choose additional coverage for:

  • Production Machines: Machines that process, form, cut, shape, grind or convey product and maintenance machines, such as hydraulic presses, extruders, paper machines, lathes, mills, etc.
  • Electronic Equipment: Television, radio or telephone equipment; medical or scientific devices; data processing, computing, duplicating or other office equipment. Examples include television transmitters, x-ray machines, computers, bar code scanners, etc.

For more information on Equipment Breakdown Insurance, including helpful tips on how to prevent common accidents, talk to your local Co-operators advisor.