- Owning a business comes with a range of pressures, none of which compare to the financial strains that are brought on as a result
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
- I was feeling quite overwhelmed with insuring my new commercial property. But after speaking with Tracey for a few minutes on the phone I knew I was in good hands. Tracey was very knowledgeable and had my policy setup within … More a couple of days. She really took the stress out of the whole process. Thank you!
- I worked with Tracey Eaton from consolidated insurance, Tracey was effective, efficient and friendly. I highly recommend the services. I was very pleased with the offers presented. Easy, quick and a smooth transaction.Tracey … More made me feel confident in my choices.
- Highly recommend CIB! Tracey was a pleasure to deal with! Chased me up and gave me her time to go through what option would suit us best. Tracey has a whole heap of our other insurances heading her way to give our business … More a bit of a 'health/wealth check'. Thank you Tracey for making this experience an enjoyable one
- Tracey was fantastic to deal with. She answered every question I had and gave me sound advice. Would highly recommend them!
- These guys take the pain out of arranging insurance. Natasha is especially excellent, nothing is too difficult or daunting for her. Organising Hotel business insurance is a minefield these days and you don't want to … More be making expensive mistakes. Trust Consolidated for all your business insurance needs. You're in good hands.
Learn more about Electronic Equipment Insurance
- Insurance can be a very confusing and complex subject. The “jargon” often used by companies will probably leave you with more questions than answers
- There are many ways that you can buy protection in the form of insurance. We often hear things like: “Why use an insurance broker?”
Get in touch
Talk today with our team to find the right kind of insurance that will suit your needs.
Or Call our friendly team today on:
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