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.

equipment breakdown insurance for commercial appliances

What can be covered

What may not be

CIB staff | Consolidated Insurance Brokers

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.

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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

5.0 246 reviews

  • Avatar Mr J ★★★★★ a week ago
    Dealing with Natasha made sorting out my insurance as painless as it could have ever possibly have been.Natasha gave me multiple options and choices, also adding her opinion of pitfalls to be mindful of.Being our first commercial … More property purchase, I was extremely lucky to be talking with Natasha, who has an outstanding and wide knowledge of commercial properties and associated insurance.To my amazement, Natasha also offered all these options in under an hour, which I found stunning!The lost art of PR and courtesy is alive and well here.Thank you SO much for being you !Jay, Adelaide SA
  • Avatar Kymberlei Goodacre ★★★★★ a week ago
    I found Tracey communicative, efficient and friendly. The quotes received were competitive and the material provided easy to read and understand. My email queries were answered responsively with the information I sought. … More For a busy professionals looking for insurance - these are the brokers I recommend.
  • Avatar Melissa Park ★★★★★ 3 weeks ago
    Karen has been handling our business insurance for past few years and has always been a pleasure to deal with. She is professional and always manages my queries and requests in a timely manner. I would definitely recommend … More her and CIB.
  • Avatar naran patel ★★★★★ 4 weeks ago
    Great customer service from Natasha Nielsen 5/5. She explained the ins and outs for my landlord insurance that allowed me to go for the most prudent package. I wished I heard about this firm earlier.Any future insurance deals/renewals … More I will giving them a call first!
  • Avatar Susan Vlack ★★★★★ 4 weeks ago
    Standard insurance packages did not cover my business needs, leaving me vulnerable. Debbie quickly sorted it out and provided good options. Highly recommended. Big Thankyou, Debbie!

Learn more about Equipment Breakdown Insurance

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