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As an insurance professional, it is your job to make sure that your clients can continue to run their business should something happen.  A key coverage of any business owners or package policy is equipment breakdown coverage.

What is Equipment Breakdown Coverage?

Equipment breakdown coverage is designed to cover the loss of equipment due to a covered claim. This coverage protects a company’s computers and communications equipment; generators; elevators; electrical panels; air conditioners; heating systems; refrigeration systems; and boilers.

What Is Covered by Equipment Breakdown?

It is important to read your clients’ policy to be sure the specific equipment they rely on is covered.  This insurance helps cover: 

  • The cost to repair or replace damaged equipment, including time and labor
  • Loss of income – if their business depends on the equipment then they might not be able to keep the business running if there is a covered loss. 
  • Spoiled inventory – If the equipment that was damaged causes food or other producst to become spoiled, it can be replaced.
  • Extra expenses – Your client will probably incur extra expenses during the period of restoration.

How Do I Get This Important Coverage for My Client?

ComStar has an excellent policy for you and your clients. Equipment breakdown is available as an optional coverage, as well as many other vital coverages your client can benefit from. Call us today to get a quote and let us put together a package to fit your needs.

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