Whether you own or lease your business equipment, you’re at risk if it breaks down. Imagine an electrical surge burning out your computers and telephone networks, shutting down your operations. Think of the significant expenses you could occur in lost productivity, the time and money repairing or replacing the damaged systems and the revenue you’ll lose until you can get back up to speed.

Equipment Breakdown Insurance with the Byrnes Agency

Picking Up the Pieces After a Loss

A serious breakdown of equipment — from machinery to computers, electrical systems, and telephones — could stop production or services at your company, causing you to lose money each and every minute the doors are closed.

At the Byrnes Agency, we recommend that our Connecticut clients keep businesses operating with Equipment Breakdown insurance. This coverage is designed to protect against breakdowns caused by power surges, mechanical breakdown, motor burnout, boiler damage, and operator error.

How Equipment Breakdown Insurance Works

A typical policy pays for:

  • Cost to repair or replace the damaged equipment
  • Expenses for the time and labor to repair or replace the equipment
  • Loss of income when a covered breakdown causes a partial or total business interruption
  • Other expenses incurred to limit the loss or speed up the restoration
  • Cost to replace the spoiled stock or materials

Thanks to the relationships we’ve fostered throughout the years with a number of major insurance carriers, our rates are very competitive. What’s more, the services we provide are designed to give you a custom-tailored, affordable package that fits both your facility and your budget.