How to avoid a nervous breakdown when your equipment breaks down.
Most business owners understand the need for property insurance to protect their operation from disasters, such as fire, storms, vandalism, and theft. But equally important is making sure that your insurance program includes coverage for equipment breakdown — which happens to be the leading cause for loss of business income.
Your business probably depends on a wide range of equipment to operate — from computers, telecommunications, and robotics to boilers and machinery, refrigerators, and ovens. Not to mention businesses with production and manufacturing lines, etc. Should any of this equipment malfunction due to mechanical problems, electrical surges, motor burnout, the collapse of pressurized tanks or containers, and so on, you want to be back up and running as quickly as possible. And you can be, with equipment breakdown coverage.
Enjoy cash flow in the event of an emergency.
Martin Insurance Group offers companies in New Jersey, Pennsylvania, and Connecticut, including companies and organizations in Mercer, Middlesex, Monmouth, and Ocean Counties, as well as Bucks County, PA equipment breakdown insurance to help protect your business from the costs of repair and replacement and provide cash flow if you have to shut down due to a covered loss, such as a mechanical breakdown.
Coverage can also be designed to cover loss of business of income as a result of included risks, such as spoilage of inventory due to the breakdown, the cost of temporary replacement equipment, repair or replacement costs, and business recovery expenses. In addition, we work with insurers that provide maintenance service coverage and certification and inspections required by regulators, to help you avoid an equipment failure in the first place.
Call now to speak with a representative about equipment breakdown insurance. Martin has the experience and expertise to protect you and your business. We invite you to find out more about the difference we can make in insuring what’s important to you. Please click here for a quote or give us a call at 800.353.5000.
Q. Why should I buy equipment breakdown insurance from you?
A. Martin Insurance Group works with hundreds of New Jersey, Pennsylvania, and Connecticut businesses of all sizes, in a diverse range of industries. Chances are, we have helped insure businesses similar to yours before ...READ MORE, so we know the ins and outs of your industry. What’s more, we have been selling insurance since 1983, and are a stable company you can trust.
Here are some additional reasons customers trust us for their commercial insurance needs:
We could save you money.
As an independent insurance agent, Martin isn’t tied down to one solution. We can compare policies and pricing on coverage such as general liability, workers compensation, and business umbrella insurance from a variety of providers and help you choose the one that’s right for your business’ unique needs.
We might even recommend one business insurance provider for part of your coverage and another for other coverage – whatever makes the most sense.
We stay on top of the paperwork.
With all that you have going on, it’s easy to forget to file or renew coverage. So Martin has developed quality control systems that ensure your commercial insurance records are current. We’ll even help you through the auditing process. No more scrambling to meet dates or find certificates – your Martin team will make sure you are on the ball and in compliance.
Q. I already have equipment breakdown insurance. How do I know if it’s the right type or amount?
A. If you already have some form of equipment breakdown insurance, but are not sure if it is the right type or amount of coverage, schedule a no-obligation review of your existing policies.
Our experienced team is generally able to identify gaps in coverage or opportunities to save money. Contact Martin today to schedule a complimentary review.