Equipment Breakdown

Equipment BreakdownModern businesses operate with sophisticated machinery, technology and equipment. Electrical failure, pressure-vessel rupture, power surges and other breakdowns can cause costly, even catastrophic interruptions to your workflow.

We have the expertise to understand the true scope of your exposures. And, the Information you need to help you put together a business-specific coverage package loaded with truly innovative features that will protect you today and tomorrow, including:

  •  “New Generation” Coverage Up to 125% of replacement value of unrepairable equipment for upgrades to state-of-the-art technologies.
  • Green Coverage Upgrade – An extra 5% – up to $25,000 –above the covered amount of loss to help make the switch to proven environmentally friendly alternatives.
  • Property Damage Coverage for Fungus – Automatic coverage of $15,000 per covered location.
  • Selling Price Valuation – Expanded to include all property held for sale – whether or not manufactured by your client.

Equipment Breakdown can be included as part of a property package policy, or when economically advantageous, as a stand-alone policy.

Providing Personal Service in Massachusetts and Rhode Island since 1960