- Owning commercial property can be a lucrative investment, but it’s not without its share of risks. Best practice is to take out a comprehensive
Electronic Equipment Insurance
Protect the assets you need to generate income: POS, cash registers, medical imaging equipment, laptops and more with electronic equipment insurance.
What is Electronic Equipment Insurance?
Electronic equipment insurance is designed to protect the unexpected breakdown of your tech assets and any associated data you might lose if the equipment fails.
The majority of businesses and workplaces are completely reliant on technology in this day and age… Point of sale systems, cash registers, computers, servers, phones, medical & diagnostic equipment and more are all needed for earning income.
Imagine if one or more of these key assets were destroyed or unusable — could you still operate until they are repaired?
Not to mention the potential impact on reputation, stock and data. With an electronic equipment insurance policy in place, you can have your costs of repair or replace covered and enjoy minimal impact on your business.
What can be covered
- Power surge
- Equipment breakdown
- Business interruption option
- Increased working costs result from loss
What may not be
- Accidental damage, fire & perils
- Any issues covered by manufacturer warranty
- General wear & tear
- Cosmetic defects
- Loss or erasure of data not resulting from insured events
How can we help?
With access to a range of quality insurers, and policies not available to the public, we can offer you a range of competitive electronic equipment insurance quotes.
We’ll help you compare the price with the coverage offered for each, so you can make the best decision for your needs.
For every new business quote and renewal, we break down all important changes and comparisons for you in plain English.
Electronic Equipment insurance claim example
Jeff buys a large, expensive computer monitor to enhance his working productivity in his design business. After 4 years, the monitor just will not turn on – and when Jeff takes it to a computer repairer, they say they can’t fix it as the manufacturer is no longer providing parts as they have a newer model.
Jeff lodges a claim with his Electronic Equipment Insurer and provides them with a report from the repairer, along with a quote invoice for a replacement of a similar kind under the newer model.
The insurer accepts the claim and Jeff is reimbursed for his replacement monitor within 48 hours of lodging the claim.
Our Specialty
Consolidated Insurance Brokers can help by placing you with the best policy for your needs. We'll find you the most competitive rate possible, and offer advice to ensure your insurance protects what matters.
Great advice
As brokers, it's our job to give advice. We always aim to deliver great, not just 'good', advice.
Your partner
We manage your insurances so you don't have to — save precious time and effort.
clear terms
Your renewals, quotes and policies will be delivered in clear, easy English — no more confusion.
full cover
With a broker, you get more comprehensive cover and benefits not available if buying directly.
Frequently Asked Questions
There are many benefits of using a broker over buying directly from the insurer. Insurance brokers:
- Work on your behalf to secure you better protection through their negotiating power
- Help you understand your risks and empower you to make better life / business decisions
- Ensure insurers are held accountable to their promise to protect what you value during claims
- Save you time and money by taking care of comparing and customising policies for your needs
What our Customers Say
109 James Street, New Farm
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Working with Debbie from Consolidated Insurance Brokers has been an absolute pleasure. Debbie went above and beyond within the tightest of timeframes to make sure that we had the most comprehensive and cost-effective insurance … More solution for our business. We cannot recommend Debbie highly enough - thank you Debbie, you are an absolute legend!
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Debbie Blanco stands out as an exceptionally professional insurance broker. From the outset, she demonstrated a thorough and meticulous approach in sourcing our insurance. Her commitment to keeping us informed every step … More of the way was particularly noteworthy, ensuring that we were never left in the dark about any developments.One of Debbie's most commendable qualities is her ability to tailor insurance coverage to our specific needs. She diligently sought not only the right cover for our business but also ensured it was the most cost-effective option available. This dual focus on appropriateness and affordability sets her apart from other brokers.Furthermore, Debbie's expertise really shone through in her handling of our complex business needs. She skillfully navigated through the intricate details, asking pertinent questions to clarify any uncertainties with the underwriters. Her approach was far from superficial; it was evident that she wasn't just ticking boxes but genuinely striving to understand and meet our unique requirements.In comparison to other brokers we have used in the past, Debbie is in a league of her own. Her blend of professionalism, thoroughness, and personalized service is remarkable. We highly recommend her services to anyone seeking a reliable and adept insurance broker.
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Aimee Spencer has been helpful above and beyond expectations. Her patient and responsive attention to my multiple requests has meant that my business insurance renewal has been processed easily and efficiently. Natalie … More Smith
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Jim was able to negotiate a much lower premium than my previous insurer (with better cover). His advice and communication was clear and straightforward. Highly recommend his service.
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We have dealt with Tracey on several occasions, and each and every time she has been such a pleasure to deal with. Always helpful, positive and everything provided in a timely manner. She follows up where needed and usefull … More without ever being pushy.
Learn more about Electronic Equipment Insurance
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