Equipment Breakdown Coverage

Equipment such as pressure vessels and boilers require special attention. Most commercial property policies do not provide coverage for breakdown to these types of equipment, or to other business-critical electrical systems. This is why Equipment Breakdown Coverage is important – it’s designed to complement Commercial Property Insurance, offering protection against damages to mechanical, electrical, pressure and electronic equipment and other business property. In addition, this coverage can provide protection for business interruption / loss of revenue as a result of breakdown.

Whether you own a building or rent space in one, Equipment Breakdown insurance is essential for every business owner who:

• Occupies a building that uses electricity, heat or air conditioning
• Uses electronic equipment such as computers or a telephone system
• Runs a manufacturing business
• Uses hot water or steam