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

Equipment Breakdown Insurance

Protect your business from the unexpected breakdown of essential specialist machinery and electronic equipment with equipment breakdown insurance.

What is Equipment Breakdown Insurance?

If your business relies on specialist machinery, you know how important that equipment is for your ability to operate and generate income. Unplanned machinery outages can cause:

Interruption to workflows
Damage to company reputation
Safety concerns
Lost profits
Loss of stock
Increased need for staff to compensate

Having an equipment breakdown policy tailored to your needs can save you from suffering the full impact of a breakdown.

You can receive compensation for stock spoilage, cover for a temporary replacement, loss of profits and repair or replacement of equipment.

What can be covered

What may not be

How can we help?

We can help you find an equipment breakdown insurance policy that’s competitive on price and gives you excellent coverage.

Whether you’ve got a cafe, a distillery, or a manufacturing business, we’ll help you find a policy that suits your needs and equipment.

You’ll get a breakdown of your quotes and policy coverage so you have complete clarity around your insurance coverage and conditions.

Equipment Breakdown claim example

John owns a popular cafe in a busy locale close to the city. During the night, a power surge caused the coffee machine and fridge to malfunction and stop working.

As a result his food and drink stock was spoiled, and the coffee machine unable to be used to make drinks. He discovered this early in the morning an hour before opening and made contact with his insurer straight away.

His equipment breakdown insurance covered the costs of arranging temporary hire of a coffee machine while it was repaired and the loss of his stock which he was able to replace and store in an alternative refrigerator.

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

Why use a broker?

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

5.0 478 reviews

Natalie Smith ★★★★★ a week ago
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
Jen Gower ★★★★★ a week ago
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.
Roelie Schrijnders ★★★★★ 2 weeks ago
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.
Parthesh Patel ★★★★★ a month ago
I have been dealing with Debbie Blanco in Consolidated Insurance Brokers. She has always been very helpful with any query or questions. I would highly recommend her for excellent customer service, product & service knowledge, … More prompt in responding, great in communication, and always comes up with competitive insurance deals / prices.
Carmel Drake ★★★★★ a month ago
Our business insurance has been handled by Consolidated Insurance Brokers for many years now. This year Aimee Spencer made our yearly renewal very easy with her guidance in our understanding of exactly what was covered and … More included with each Company's different Quotes. Appreciated .... thank you!