Equipment breakdown insurance (also known as mechanical breakdown or boiler and machinery insurance) is used to cover almost every kind of equipment that contains pressure or generates/transmits power. It covers the equipment that breaks down, the building, business personal property, and other equipment that may break as a result of the initial equipment breaking down or flying apart.
Black Bear can work with you to put together a complete policy that will keep your business moving even if important machinery stops. We will put together a complete policy that protects your business for the need of the equipment and the losses that could result from breakdown, including the following additional coverage options for this policy:
- Property Damage
- Expediting Expenses
- Extra Expense
- Spoilage Damage
- Utility Interruption
Black Bear Insurance Agency is proud to be a part of the following organizations for independent insurance agencies.