Even with expert installation and regular maintenance, equipment breaks down. And when mechanical or electrical failures occur, you need to know that your school's operations are safe and you can continue to keep your doors open. Basic property polices may only cover damage caused by external sources like fire, wind and rain.
Without the right insurance, this can take a toll on your school's budget in the form of costly repairs and lost productivity. And if you have equipment to support your green energy needs, your replacement cost can be even higher. That's why Equipment Breakdown insurance from CNA is essential.
This coverage delivers protection against the breakdown of machinery and equipment that runs your physical plant and class buildings, as well as interruption of utility services caused by an equipment breakdown at the utility. This coverage is often excluded from standard commercial property insurance.
Your equipment is important to the success of your school's livelihood, and you can't afford to go without vital computers, phones, air conditioning or heat, particularly when it protects sensitive property, such as lab samples or technology equipment.
To help you get back to operating as soon as possible after equipment failure, our highly experienced claim professionals are dedicated to managing your claim fairly and quickly.