Equipment Breakdown Insurance
Protect your business from the unexpected breakdown of essential specialist machinery and electronic equipment with equipment breakdown insurance.
The resource of choice for the country’s most forward-thinking insurance professionals.
The resource of choice for the country’s most forward-thinking insurance professionals.
Equipment Breakdown Insurance
Rely on a reputable insurance broker
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
- Equipment breakdown
- Loss of gross profit
- Temporary equipment hire
- Stock spoilage
- Boilers & pressure vessels
What may not be
- Accidental damage, fire & perils
- Any issues covered by manufacturer warranty
- General wear & tear
- Failure to maintain or service equipment
Get Started with Equipment Breakdown Insurance
Protect your business from the unexpected breakdown of essential specialist equipment.
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.
Why Choose CIB?
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.
Our Expertise
Committed to finding you the best insurance solution, our team of knowledgeable insurance brokers will get you the best price available
Your Partner
Safe time and effort by letting our team of expert insurance brokers do the work for you, we can manage your insurance on your behalf.
Clear Terms
We will put an end to the endless jargon, we can help you understand your quotes and policies in clear terms.
Full Cover
We are able to access insurance policies that are not available when buying direct, allowing us to get you a more comprehensive cover and better benefits.
What our clients have to say
109 James St, New Farm
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I just had found CIB from google search and Nikky Brown from CIB was connected as our consultant to get a new insurance policies for business purposes.She was absolutely experts and intelligent to recommend all type of business … More insurances to protect her customer to run the business. Highly recommend to anyone who are looking to get professional advice for your properties.
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Tracey was fantastic to work with. She was knowledgeable, responsive, friendly, and always happy to answer my many questions throughout the process. As a startup founder looking for insurance for an online platform, I appreciated … More how clearly she explained everything and made what could have been a complicated process feel straightforward.I received other quotes that took longer to arrange and involved multiple insurers, making them difficult to compare. Tracey was able to provide a comprehensive and competitive solution bundled through a single provider at a competitive price, which made the decision easy.I would highly recommend Tracey and Consolidated Insurance Brokers to anyone looking for professional and personalised service.
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I went with CIB insurance because the customer service was top-notch. Debbie was super helpful from start to finish and no question was too hard for Debbie. She even mentioned that she had been working in the business for … More 15 years which you can tell from her advice.Debbie provided alot of advice on what would be best for my business.I feel comfortable with the policy Debbie provided as she went into detail to get coverage for everything.Highly recommend CIB and Debbie.
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I was referred to Alison through a personal recommendation after we had been struggling to find direct insurance for our business refrigerated van within a very tight timeframe. From the beginning, Alison provided outstanding … More service and made the whole process feel easy and stress-free.She was always contactable, professional, and incredibly helpful throughout every step. We had urgent deadlines and even needed last minute changes very late in the day, and Alison still went above and beyond to make sure everything was completed on time.Her communication, responsiveness, and genuine care for her clients really stood out. We are very grateful for all her support and would highly recommend Alison to anyone needing insurance assistance.
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Tracey was fantastic to deal with - professional, friendly and made the whole insurance process simple and stress free. Great communication, quick responses and took the time to explain everything clearly. Highly recommend … More for anyone needing reliable insurance advice and support.
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.
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
No Obligations, Completely Free
Get a Quote Today
Talk today with our team to find the right kind of insurance that will suit your needs.
Or call us now
The resource of choice for the country’s most forward-thinking insurance professionals.
The resource of choice for the country’s most forward-thinking insurance professionals.