Equipment breakdown coverage, also known as boiler and machinery insurance, protects your business from the financial impact of sudden and accidental equipment failures. This coverage goes beyond standard commercial property insurance by addressing the costs associated with:
Repair or replacement of damaged equipment.
Business interruption losses due to equipment downtime.
Temporary repairs or expedited shipping costs for replacement parts.
Liability claims if the breakdown causes injury or property damage to others.
From restaurants and retail stores to manufacturing facilities and offices, equipment breakdown coverage ensures your business can recover quickly and avoid costly setbacks.
Unexpected Breakdowns Can Happen Anytime
Equipment doesn’t always fail during business hours or at a convenient time. A sudden breakdown can halt your operations, leading to lost revenue and unhappy customers.
Repair Costs Can Be Significant
Specialized equipment often requires expensive repairs or replacements. Without proper coverage, these costs can strain your budget.
Protect Against Business Interruption
When equipment fails, your business may need to shut down temporarily. Equipment breakdown coverage can help cover lost income during this time.
Peace of Mind for Manitoba Businesses
Manitoba’s climate and operational demands can put extra stress on equipment. With this coverage, you can focus on running your business, knowing you’re protected.
If your business relies on any of the following, equipment breakdown coverage is a must:
Heating, ventilation, and air conditioning (HVAC) systems
Refrigeration units
Manufacturing or production machinery
Computers, servers, and IT systems
Elevators, escalators, and other mechanical systems
Kitchen appliances and commercial cooking equipment
As a locally owned and operated insurance brokerage in Manitoba, we’re committed to helping businesses like yours find the right coverage at the best price. Here’s why our clients trust us:
Expert Advice: Our team understands the unique risks Manitoba businesses face.
Customized Solutions: We tailor insurance policies to meet your specific needs.
Exceptional Service: We’re here to guide you every step of the way, from selecting coverage to filing claims.
Q: Is equipment breakdown coverage included in my commercial property insurance?
A: Typically, no. Equipment breakdown coverage is an add-on that provides specialized protection for mechanical and electrical equipment.
Q: How much does equipment breakdown coverage cost?
A: The cost depends on the type of equipment, its value, and your business’s specific risks. Contact us for a personalized quote.
Q: Can I add equipment breakdown coverage to an existing policy?
A: Yes! We can help you add this coverage to your current commercial property insurance policy.
Protect Your Business. Protect Your Future.
Keystone Insurance Brokers – Serving Manitoba Businesses with Trusted Insurance Solutions.
Keystone Insurance Brokers was built by bringing together several trusted independent brokerages serving Southern Manitoba communities for decades.
Our roots trace back to 1995 in Crystal City, when Treble Insurance began serving local families, farms, and businesses. Over time, brokerages in Souris, Cartwright, and Pilot Mound joined together, forming what is now Keystone Insurance Brokers.
Today, Keystone provides trusted insurance advice across Winkler, Morden, Morris, Crystal City, Pilot Mound, Cartwright, Killarney, and surrounding communities, protecting everything from family homes and farms to commercial businesses and trucking operations.
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