Even with expert installation and regular maintenance, equipment breaks down. And when mechanical or electrical failures occur, you need to know that your properties can remain operational and you can continue servicing your valued clients and tenants.
CNA offers Equipment Breakdown insurance to help address financial loss due to breakdown of certain machinery and equipment used in your business. Equipment Breakdown insurance can be provided as a stand-alone policy or included within our package policy, CNA Paramount®. Our unique coverage addresses repair or replacement of your equipment, as well as damage to certain other property, such as the loss of certain perishable property due to spoilage, loss to computer or data equipment and more, as a result of equipment breakdown.
Our underwriters and risk control professionals understand the complex risks you face in the real estate industry, and can help manage your exposures and avoid the most common losses. In the event of an equipment failure, our highly experienced claim professionals are dedicated to working with you on your matter, so that you may remain focused on servicing your clients.