Machinery Insurance
Your heavy machinery is essential to your business.
Whether you use your machinery as a part of your supply chain or as the business itself, breakdowns and failures can set back your business processes; not to mention replacements and repairs are expensive. Machinery Insurance or more commonly called Equipment Breakdown Insurance is a great way to insure that your business can continue to operate smoothly. When you invest in a comprehensive Equipment Breakdown Insurance policy with Leibel Insurance Group, you can protect your machines and your business.
- Repair costs
- Replacement
- Lost work
- Personal injury
Call us now to speak directly with an Insurance Specialist about Machinery Insurance or complete a no-pressure no-obligation quote request form.
Benefits of Expert Equipment Breakdown Insurance
When you insure your machinery with Leibel Insurance Group, you enjoy unique benefits of experience, care, and of course, savings!
Components of Machinery Insurance
A great machinery insurance policy will cover a few specific risks associated with different heavy machinery uses including production machinery. Make sure you speak to a broker about specific concerns or risks you have so they ensure you have the necessary coverage.
- Personal injury
Be sure you have some personal injury insurance just in case something malfunctions and one of your employees sustains an injury. Talk to your insurance agent about worker’s compensation insurance if this is a significant concern! - Repair costs
Following a malfunction or physical damage, you need to repair your machinery to keep the workplace as safe as possible. Repairs are expensive, and without insurance, you are left to pay out of pocket for any repairs you make. With that being said, machine insurance cannot cover damage costs associated with improper use or intentional damage.
- Lost work
When you lose a machine that is essential to your working process, you won’t be able to complete jobs until repairs are made or your broken machine is replaced. A great policy will help your business make up for lost work. - Replacement
Heavy workplace machinery can cost anywhere from a few hundred dollars to well over a few thousand. Replacement is necessary when machines are no longer performing to standard or have been damaged beyond repair.
Get Started
To learn more about your machinery insurance options, call and speak to a Leibel Insurance Group agent today to get started!
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