Equipment Breakdown

Equipment is vital to any business. Acuity’s equipment breakdown coverage provides the protection you need when the unthinkable occurs and your equipment malfunctions.


What is covered?

Equipment breakdown coverage is no longer simply for your boiler and machinery. Does your business use a computer or alarm system? What about heating systems in the winter and air conditioning systems in the summer? Acuity’s equipment breakdown coverage can protect all of this and more.

 

Acuity coverages

Acuity’s equipment breakdown coverage endorsement attaches to a property or Bis-Pak policy. The property or Bis-Pak® coverage you have is expanded to include loss due to equipment breakdown, and your business income coverage is extended to include breakdown losses. Also included are 5 additional coverages, including extra costs to make repairs and replace or restore electronic data.

 

What makes us different?

Improved efficiencies in equipment are the norm these days. Acuity understands the importance of efficiency in your business. If your equipment needs replacement due to a loss, Acuity will replace it with equipment that is better for the environment, safer for people or more energy efficient. Everyone is a winner!

Get a quote

Let us focus on your insurance, so you can focus on running your business.


BLOG

Get answers from our insurance experts.
    • When snow is covering the ground and cold air is blowing, we want to finish our outdoor chores as quickly as possible so we can get back inside where it is warm. While some find snow removal to be a good form of exercise and enjoyable, others are looking for the quickest and safest ways to complete the job.
    • Are you a salon owner (or planning to become one), but you’re unsure which salon compensation system to use? You’re not alone! There are several different options, and your preference may differ based on your management style.
    • Change can be difficult—and it can be even more difficult to communicate. People come to work and try to do the best job they can. They are proud of their work and good at what they do. When we ask them to change or do it differently, they can feel slighted.

    • Addie B.
      Author of Home Focus

    • Dana B
      Author of Services & Retail Focus

    • Michael S.

    RESOURCES


    Other things you might be interested in.

    Brochures

    Acuity has a number of brochures that explain our policies, coverage options, and services in additional detail.

    Glossary

    Does insurance lingo sometimes leave you guessing? Check out our glossary!

    Videos

    Watch our helpful business specific videos featuring our specialists, covering everything from safety to new trends in your industry.


    FAQs


    Have questions? We have answers.


    Some of the equipment covered includes:

    • Telephones
    • Computers
    • Bar-code scanners
    • Cash registers
    • Restaurant point-of-sale systems
    • Security and alarm systems
    • Generators, fans, motors, compressors, and pumps
    • Computer controlled equipment
    • Fax machines, copiers, and printers
    • Pay-at –the-pump machines
    • Heating and air conditioning equipment
    • Boilers and pressure vessels

    Equipment breakdown is usually associated with a sudden event that causes operation to cease. Wear and tear occurs over time. 


    Coverage does not apply for that situation. However, if an accident results, coverage applies for the loss, damage, or expense caused by the accident.


    If multiple pieces of equipment fail at the same time, it will be considered a single event for claims purposes. That’s good news for you, as your deductible would only be applied once.