Equipment Breakdown Coverage

Many of customers, especially in the manufacturing sector and auto services industry, rely on electronic equipment for production and services, inventory management, customer data, and product information. This equipment is exposed to power surges, short circuits, and to general electrical disruption that can cause extensive losses.

The standard Commercial Property policy, however, contains exclusions for electrical disturbance, mechanical breakdown, and explosion of steam boilers and piping, which is why it is critical to have Equipment Breakdown coverage as part of your comprehensive insurance program.

An Equipment Breakdown policy provides coverage for:

  • Expenses to repair or replace damaged equipment
  • Income lost when a covered breakdown results in a partial or complete business interruption
  • Costs incurred for the time and labor involved in repairing or replacing your broken equipment and expenses for replacing materials or stock that spoils
  • Additional costs that arise in reducing your loss or expediting restoration of the equipment

A.D. Martin Commercial Insurance has a long history of protecting our business clients, including analyzing their operation to determine their exposure in the event of an equipment breakdown. We provide solutions to mitigate and transfer risk with loss control, safety practices, and insurance coverage.

We’ll help keep your business humming.

A.D. Martin provides business insurance throughout the counties of Atlantic, Cape May, Gloucester, Salem, Cumberland, Camden and Burlington in New Jersey; New Castle County in Delaware; and Chester, Philadelphia and Delaware Counties in Pennsylvania. We’re happy to review your operation to assess the risks that you face, and put together a competitively priced program for the equipment that powers your business.