Buildings are loaded with mechanical equipment, such as elevators, escalators, compressors and back-up generators. Mechanical equipment also includes pumps, motors, conveyers, and more. This equipment suffers breakdowns from oil contamination, misalignment, metal fatigue, and operator error. This equipment often has sensitive technology that is fragile and prone to breakdown.
Virtually every type of business has mechanical equipment exposures. A breakdown can cost thousands to repair. And, since much of this equipment is mission critical to business operations, mechanical breakdown can result in lost income and business interruption; losses that HSB's equipment breakdown insurance covers.