Basics of equipment breakdown coverage for your small business

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BASICS OF EQUIPMENT BREAKDOWN COVERAGE FOR YOUR
SMALL BUSINESS
www.onlinecheck.com
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It is also labeled as boiler and machinery
insurance (BM Insurance). If you have BM
Insurance, it is relatively easy to repair the
damaged piece of equipment or replace a broken
one with the new one.
What is Equipment Breakdown Coverage?
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If your business cant run smoothly if a machine
malfunction, then yes, your business needs it.
Does your business need Equipment Breakdown
Coverage?
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Knowing everything about BM Insurance and why it
is so important for your business, lets explore
the nature of equipment breakdown covered by this
insurance.
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What types of equipment fall under Equipment
Breakdown Coverage?

• Communication equipment and security systems.
• Conditioning systems
• Electrical cables and solar panels
• Mechanical equipment such as motors, vehicles,
  and elevators
• Manufacturing Equipment
• POS Devices

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BM Insurance can cover the following types of
losses
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• Fixing

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• Replacement

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• Inspections by local government

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• Loss of annual revenue

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When you ask for the final cost of the insurance
company, the cost of the Equipment Breakdown
Coverage is already added into the total cost of
the insurance
How much does Equipment Breakdown Coverage cost?
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What are the best places that are offering
Equipment Breakdown Coverage?

• The Hartford
• Cover Wallet
• Hartford Steam Boiler
• Nationwide Insurance

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All the businesses that rely on equipment need
Equipment Breakdown Coverage to keep generating
enough annual revenue.
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Address
Phone
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