Virtually every business, institution and public entity depends on equipment to keep operations going and income flowing. Today, equipment breakdown is a more common and greater risk. Most equipment now contains sensitive and fragile technology that can be easily damaged. More equipment is mission critical so breakdowns bring operations – and income – to a halt. Increased system complexity and interdependency mean a breakdown elsewhere can impact you; yet standard property insurance excludes the risks unique to equipment.
Whether you own a car wash, grocery store, or veterinarian office, you need equipment breakdown insurance.
For additional information on Equipment Breakdown coverage, please contact your local IMT Independent Insurance Agent!