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:
- IT Consultants
- Retailers & Shopkeepers
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.