Even with expert installation and regular maintenance, equipment breaks down. When mechanical or electrical failures occur, you need to know that your retail business' operations are safe and you can continue to keep your doors open.
That's why CNA offers Equipment Breakdown insurance to help address financial loss due to breakdown of certain machinery and equipment used in your business or office. And if you have equipment to support your green energy needs, your replacement cost can be even higher. Equipment Breakdown insurance can be provided as a stand-alone policy or included within our package policy, CNA Paramount®. Equipment Breakdown coverages 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 experienced underwriters and risk control professionals understand the risks retailers face and can help manage your exposures. And if an incident does occur, our claim professionals are dedicated to working with you to achieve a timely resolution.