Equipment Breakdown
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Equipment Breakdown


Easy to understand | We make the exposure and coverage clear
Easy to use | Virtually seamless coverage within property program
Peace of Mind | Broad protection for the unexpected
Superior Service | Partnering with the Industry Leader
Broad Protection | Broad coverage for direct & indirect losses

The world has changed and so have the risks. Virtually all of today's business equipment contains sensitive and fragile components that are easily susceptible to damage. Even mechanical equipment is typically controlled by sophisticated electronic components.

The total cost of an equipment breakdown – the equipment, consequential damage, business interruption, and resulting lost income – can be overwhelming. It can amount to a few thousand dollars or hundreds of thousands of dollars.

What would happen to your business if critical equipment were to break down? How long can your operations afford to be shut down? how would you recover from an equipment failure and at what cost? Unfortunately, a standard property insurance policy typically excludes important coverage hazards unique to this equipment.


With Equipment Breakdown coverage your policy pays for the covered loss that results when equipment is damaged by mechanical breakdown, power surges, electrical short circuits, overload, electrical arcing, motor burnout or centrifugal force – even if caused by operator error.

If your business has any of these exposures, your business needs Equipment Breakdown insurance:

  • Air conditioning systems
  • Refrigeration systems
  • Heating systems
  • Boiler and pressure vessels
  • Electrical systems
  • Telephone/communication systems
  • Office equipment
  • Production machinery

Superior Service
Combining our resources with those of Hartford Steam Boiler – the nation's leading equipment breakdown insurer – we offer you unparalleled experience in engineering, claims and services.

Broad Protection
Equipment Breakdown coverage protects not only the equipment, machinery and systems that run your business, it also covers against a wide range of financial losses cause by equipment breakdown such as:

  • Physical damage - the cost to repair or replace damaged equipment
  • Perishable goods - the cost to replace spoiled or contaminated goods and materials
  • Business income - expenses resulting from business interruption, such as lost income
  • Expediting expenses - costs associated with limiting the loss, such as equipment rental or steps taken to speed business recovery.

By understand the equipment you depend on, and what can go wrong, we can provide you with the market's broadest equipment breakdown protection.

Is Equipment Breakdown coverage really necessary? Well, can you afford a six-digit loss, or have your operation shut down while you work on the recovery process? Consider all the events that can cause a loss: a power surge, a blackout, a faulty connection, or human error. Think about what is at risk and how the cost of an equipment breakdown can quickly escalate. Electronic equipment is fragile and costly to replace; business income is more dependent on equipment; rush repairs and rental replacement equipment can be costly.

Peace of Mind
When you think about it, equipment breakdown protection makes perfect sense today. Filling the gaps in coverage could never be easier and it provides your client with broad protection matched with superior service.

Contact an independent insurance agent representing Standard Property and Casualty Insurance Company for specific information about or to apply for any of our coverages.

Questions? Interested in finding out more about our insurance plans? Contact us today. We have insured thousands of families and individuals for nearly a century.

We look forward to hearing from you!
This page contains only a general description of coverage and is not a statement of contract. All coverages are subject to the exclusions and conditions of the policy itself.
Standard Property and Casualty Insurance Company
1028 South Grand Avenue West | Springfield, Illinois 62704
phone: 866-469-3968 | fax: 217-793-1216

Standard Property and Casualty Insurance Company
1028 South Grand Avenue West
Springfield, Illinois 62704

phone: 866-469-3968 | fax: 217-793-1216