Insurance and Wellness Blog

Equipment breakdown coverage - Don't be a lesson learned

Posted by Kapnick Insurance Group on Feb 7, 2017 4:43:13 PM

Even though equipment breakdown insurance is one of the best coverage, service and price values in the industry, some business owners and operators continue to skimp on or do without this vital protection. Loss lessons in your business can be learned the easy way or the hard way. 



Below is a loss example of equipment breakdown loss.

An incoming electrical surge, caused by the breakdown of a utility-owned transformer, resulted in the failure of the communications, heating and air-conditioning control systems of a metropolitan apartment building. All the control systems were replaced. The insured also lost business income due to residency reductions during the lengthy repair.


Property Damage - $120,000
Business Income - $210.000


BOTTOMLINE we work hard  to help our clients be better prepared for the future and avoid business interruptions. No matter what industry you are in Equipment Breakdown Coverage is worth the investment. 

Contact a Kapnick Client Executive to learn how NOT to become a Loss Lesson learned the hard way!


Connect Today!


New Call-to-action


Topics: equipment breakdown coverage

Keeping you in the know

From health & wellness to all things insurance

The Kapnick Insurance and Wellness Blog posts all kinds of interesting and timely blog posts on a weekly basis. We will keep you up to speed on all things insurance and keep you healthy at the same time!

What to expect:

  • Wellness tips
  • Videos
  • Insurance tips
  • Timely information
  • Special Offers
  • Events and more!

Subscribe to Email Updates