Protect the Livelihood of Your Business with Equipment Breakdown Coverage

No matter what kind of small business you operate, you likely rely on some sort of equipment to get the job done. It’s important that this equipment is protected, should anything happen to it, which can grind your business to a halt. Whatever equipment your business uses to operate, make sure it is protected with equipment breakdown coverage.

Does property insurance cover equipment breakdown?
Most business owners are surprised to hear that their commercial property insurance policies do not protect their company from equipment breakdown. Although your property insurance covers your equipment against a wide variety of incidents, such as damage from fire, natural disasters, and theft, it may not cover you for the sudden, accidental breakdown of your company’s vital equipment.

What is equipment breakdown insurance?
Equipment breakdown insurance is additional coverage that helps to mitigate losses due to issues within your company’s equipment. Without proper insurance, your business may not be able to continue if a vital piece of equipment suddenly breaks down. With the right insurance coverage, you can receive help to cover the cost of repairing or replacing the equipment.

Could your business benefit from protecting key pieces of equipment? The team at Kneller Agency is here to help with all of your business insurance needs. Contact us today! We serve Chatham, Copake, Valatie, Tilden Place, and neighboring cities of New York. 

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