Don't leave everything to chance; keep yourself protected with an insurance professional.
Equipment Breakdown Insurance, Aka “boiler and machinery” insurance, covers for loss due to the sudden mechanical or electrical breakdown of nearly any type of equipment, including photocopiers and computers. Untimely equipment failure can cripple a business. Covering your mechanical and electrical equipment that is typically excluded under most property policies, is a wise choice to keep your business thriving.
Coverage applies to the cost to repair or replace the equipment and any other property damaged by the equipment breakdown. Resulting business income and extra expense loss is often covered as well. Equipment breakdown insurance is increasingly replacing traditional boiler and machinery (BM) insurance, in part simply because the title is more descriptive and it offers slightly broader coverage.