Equipment Breakdown Insurance

Need more information about managing your business risks?

Even with expert installation and regular maintenance, equipment sometimes breaks down. Mechanical or electrical failure can shut down a business. Without the right insurance coverage, this amounts to costly repairs and lost productivity.

Property policy forms may exclude losses due to mechanical breakdown, electrical arcing, power surges, short circuits or deformation/cracking of pressure-containing items. They may also fail to cover lost income and the extra expense of getting back to business.

CNA’s Equipment Breakdown insurance helps address financial loss due to accidental breakdown of certain machinery and equipment used in a business or office. Our policy covers repair and loss of income, including:

Repair or replacement of your equipment
Other damaged property that belongs to you (e.g., the loss of certain perishable property due to spoilage, loss to computer or data equipment, etc.)
Property of others for which you are liable
An automatic coverage feature for new property you acquire after your policy is in effect

Jurisdictions issue certificates permitting the operation of certain equipment such as boilers, water heaters, and pressure vessels. Periodic inspections are required to renew these certifications. CNA employs and contracts with commissioned inspectors who are authorized to perform these inspections in most jurisdictions. Please submit a request for an inspection of owned/operated pressure equipment that requires a state, county, city, parish, or province certificate to legally operate. Current CNA Equipment Breakdown insurance coverage is required.