Protecting Your Equipment with Machinery & Equipment Breakdown Coverage
For the machinery breakdown insurance Ontario companies need at hand, turn to CCV Insurance. Let our team of experienced agents help you to determine how this type of financial coverage can safeguard your business and keep you operational even when the unexpected happens. Although you may have property and liability insurance for your business, machinery breakdown insurance is not often a covered feature of these policies. However, you can add to your existing commercial insurance to include this protection through machinery coverage.
Machinery coverage insurance provides financial protection for businesses in the instance that important equipment breaks down, leaving the business unable or struggling to remain open and functioning as it normally should. With this type of commercial insurance, businesses can safeguard against equipment failures that cause loss for the company in some way. When choosing equipment breakdown insurance Ontario residents must consider the very specific risks they face and choose an insurance policy that reduces those risks.
Our machinery and equipment insurance can help with a wide range of protections. We can customize your insurance policies to meet any type of risk you may have such as breakdowns and failures of:
- Refrigeration equipment
- Air conditioning equipment
- Electric motors
Why CCV Insurance?
With machinery breakdown insurance Ontario businesses can file a claim when these types of equipment fail and lead to some type of financial loss, such as food spoilage, business interruption, or significant repair costs for the equipment itself. Should a transformer go, for example, it can leave your business without the ability to operate, meaning you lose revenue to pay employees and operating costs.
With the help of a comprehensive equipment breakdown insurance policy from the Ontario brokers at CCV Insurance, your business can operate without these risks. Contact us today for a free machinery and equipment breakdown quote on a customized policy for your business.
Boiler and machinery coverage extends further than just the physical damage caused by the breakdown or explosion. Loss of profits or the additional costs required to keep your business running while repairs or replacement are being made can be addressed as well.
Contact one of our brokers now and discuss the best coverage that suits your business needs.