• Equipment Breakdown is Essential

    Virtually every business, institution and public entity depends on equipment to keep operations going and income flowing. Today, equipment breakdown is a more common and greater risk. Most equipment now contains sensitive and fragile technology that is easily damaged. More equipment is mission critical so breakdowns bring operations - and income - to a halt. And increased system complexity and interdependency mean a breakdown elsewhere can impact you.

    Yet standard property insurance excludes the risks unique to equipment. All businesses need equipment breakdown insurance.

    This coverage pays for the cost to repair or replace business equipment, machinery or technology that breaks down due to causes such as power surges, short circuits and mechanical breakdown. It can also cover business income losses that occur when a breakdown interrupts your operations.

    Because of these increased risks and the reliance most businesses have on equipment to generate income, we think nowadays the coverage is as important as the others you have.

  • © 2014 The Hartford Steam Boiler Inspection and Insurance Company - All rights reserved  Terms of Use