Equipment Breakdown
Written as a stand-alone policy or as part of a package policy, our equipment breakdown coverage protects against physical damage and business interruption.
Our Equipment Breakdown offering includes:
- Coverage for production machinery, spoilage and ammonia contamination for complex accounts
- In-house limits up to $200 million
- Dedicated and experienced underwriters who understand industrial risk and are able to provide guidance to brokers regarding coverages and adequacy of sub-limits
- An equipment breakdown wording that includes broader coverage for service interruption, contingent business income and spoilage
- Pre-qualified service vendor list to help customers address and resolve potential failure and time element loss – before it happens
- Identification of key equipment and an impact analysis of a potential loss, which helps reduce risk before a loss threatens your customer’s business