You rely on your Business equipment to keep your operation running smoothly. But, you’re stuck while the equipment or wiring is repaired or replaced. During that time, you typically have to pay for the servicing and you may even lose revenue as your business grinds to a halt.
Business equipment insurance eliminates that risk by covering your equipment repair costs and reimbursing you for lost income. Business Equipment Insurance that protects the physical property and equipment of a business against loss from theft, fire or other perils; all-risk coverage covers against all risks; named-peril coverage only protects against specific perils named in the policy.