Even with expert installation and regular maintenance, equipment breaks down. And when mechanical or electrical failures occur, you need to know that your operations are safe and you can continue honoring your commitments to customers.
Basic property policies may only cover damage caused by external sources such as fire, wind and rain. Without the right insurance, this can take a toll on your budget in the form of costly repairs and lost productivity. That's why CNA's Equipment Breakdown insurance is essential. This coverage delivers insurance for the breakdown of machinery and equipment that runs your business, and is often excluded from standard commercial property insurance.
Equipment Breakdown insurance can be provided as a stand-alone policy or included within our package policy, CNA Paramount®. This unique policy covers repair and loss of income, including repair or replacement of your equipment, damage to property, spoilage, loss to computer or data equipment and more.
Our highly experienced claim professionals will work quickly so you can stay focused on your business, while our team of underwriters and risk control specialists deliver the service levels you need and expect.