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Machinery & Equipment Breakdown Insurance Queensland

Machinery is inherently susceptible to breakdown under working conditions. Damage can occur due to mechanical, electrical or electronic failure or from extraneous causes such as collision, storm, impact and frost. With rising costs of materials, labour and transport, repairs and replacements are proving increasingly expensive. It should be noted that the breakdown cover is not intended as a maintenance cover and should instead be seen as a complement to a well-functioning risk management program.

At Hunter Broking, we understand the risks associated with machinery breakdown and source comprehensive machinery breakdown insurance policies to protect your business against costs associated with repairs and replacement. With tailored coverage options available, we can create a policy that suits your needs and budget.

What does Machinery & Equipment Breakdown Insurance cover?

Machinery breakdown insurance policies can be tailored to your specific needs, but typically cover:

  • Damage due to Mechanical or Electrical Failure
  • Deterioration of Stock
  • Fire & Perils for Specified Computers & Electronic Equipment
  • Accidental loss or damage to Specified Mobile Machinery, Plant & Equipment.

For more information about machinery breakdown insurance policies, contact Hunter Broking today. We are dedicated to providing reliable coverage that keeps your business protected from machinery breakdowns and other unforeseen events.​

 

Who needs Machinery & Equipment Breakdown Insurance?

Any professional who relies upon Machinery or Electronic Equipment to make income for their business. This includes:

  • Mechanics
  • Electricians
  • Plumbers
  • IT Consultants
  • Retailers & Shopkeepers
  • Manufacturers

 

Machinery & Equipment Breakdown Insurance Advice

Do not reduce the sum insured in order to achieve premium savings - insure each item for full asset value. Insure on a blanket basis rather than omitting to insure certain equipment - it is inevitable that the item which fails will be then one which  the insured has opted not to insure. Check the cover is for full replacement, repair or reinstatement.

To get the most appropriate Machinery & Equipment Breakdown Insurance policy for your needs, talk to the team at Hunter Broking. We can tailor a policy to suit your business requirements and budget. Request a quote today.

Contact Trusted Machinery & Equipment Breakdown Insurance Brokers

Our Brisbane Insurance Brokers can help you get the right insurance cover by assessing your specific needs and recommending the best value insurance solution for your business, whilst still maintaining the highest standard of cover.

If you are looking for Machinery & Equipment Breakdown Insurance quote, we can help. Request a quote using the form below or call us on (07) 3279 6592.

 

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Brendon Smallsman

Assistant Account Executive
(07) 3279 6592
brendon@hunterbroking.com.au

Madison Lindsay

Administration Executive
(07) 3279 6592
madison@hunterbroking.com.au

Andrea Niebling

Senior Account Manager
(07) 3279 6592
andrea@hunterbroking.com.au

Josh Ryan

Managing Director
(07) 3279 6592
josh@hunterbroking.com.au

Important Update to our Clients

Hunter Broking Group Pty Ltd is committed to assisting our clients whilst navigating through all the changes as a result of COVID-19. Please be advised that some insurers are making changes to policy wordings which may affect coverage for certain insurance policies going forward. This may apply to New Business, Renewals and Endorsements. Depending on the product, the insurer may no longer accept any New Business, or limit cover available on some sections of the policy. Therefore, please consider that these changes may affect the products referred to on this website. To be clear on the current situation in relation to the impacts on your policy, please contact your Insurance Adviser for Assistance.

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Hunter Broking Group
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Copyright © 2022 Hunter Broking Group. All rights reserved.

Hunter Broking Group Pty Ltd (ABN 97 622 090 715)
Authorised Representative Number (1263174), is an Authorised Representative of PSC Connect Pty Ltd (ABN 23 141 574 914) AFS License No 344648
Hunter Broking Group Pty Ltd endorses the Insurance Brokers Code of Practice. To obtain a copy of the code click here Insurance Brokers Code of Practice

Disclaimer:

The information provided by Hunter Broking Group Pty Ltd on this website is for general information purposes only, and it is not a substitute for professional advice. You should always consider the PDS/Policy wording before making a decision. Coverage may differ based on specific clauses in individual policies. Refer to the FSG on our website or by requesting a copy for our services and remuneration details.