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Equipment Breakdown Insurance – Equipment Failure Doesn’t Have to Mean Business Failure

Business equipment insurance is as important to your business operations as the equipment itself. In an age of technology – telephones, computers and electrical systems – your company is dependent on a variety of machines to communicate with customers, heat and cool the building and to create, store and sell your products. Nationwide understands that damaged equipment can mean lost income, so we offer comprehensive insurance for equipment breakdowns to keep business running smoothly. For example:

  • A power surge could damage your computer network
  • Your boiler could explode, causing your business to shut down temporarily
  • An employee might damage your only production machine

Business equipment insurance protects equipment that is vital to your success

Most standard property insurance policies do not provide insurance for the typical causes of equipment breakdown. Equipment breakdown coverage protects against damage caused by power surges, mechanical breakdown, motor burnout, boiler damage and operator error. It can pay for:

  • The cost to repair or replace the damaged equipment
  • Costs associated with the time and labor to repair or replace the equipment
  • Other expenses incurred to limit the loss or speed the restoration
  • The cost to replace the spoiled stock or materials

Find superior service with Nationwide Insurance®

As a Nationwide Insurance customer, you are entitled to 24/7 claims service, superior customer service, free loss control information and the financial stability that comes with an A+ rating from A.M. Best. Contact a local Nationwide agent today for a free equipment breakdown quote customized to suit your business needs.

And don’t miss our business safety tips and free boiler inspections to help you provide a safe workplace and reduce your expenses. Taking time now to prevent accidents and injuries is a great way to save you time and money in the future.

 

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