Equipment Breakdown
Equipment breakdown endorsement coverage for a smoothie establishment provides protection against the financial loss caused by the sudden and accidental failure of critical production equipment. This coverage, often added as an endorsement to a commercial property policy, helps cover the costs of repair or replacement of essential machinery, as well as any associated business interruptions resulting from the breakdown.
What We Offer
REPAIR OR REPLACEMENT COSTS
Covers the cost of repairing or replacing production equipment that has failed due to mechanical issues, electrical surges, pressure system failures, or operator error.
BUSINESS INTERRUPTION
If the equipment breakdown halts or slows down the production process, the policy can cover lost income during the downtime and additional expenses incurred to resume operations.
SPOILAGE
Covers losses from spoiled food and ingredients or ingredients due to equipment failure, such as refrigeration systems breaking down and causing ingredients to go bad.
DIAGNOSTIC AND INSPECTION COSTS
May cover the cost of diagnosing the cause of the equipment failure or necessary inspections to prevent future breakdowns.
Equipment And Machinery Insurance
Equipment and machinery insurance for a Smoothie provides coverage for the repair or replacement of critical equipment that is damaged due to mechanical or electrical failure, as well as any associated losses caused by the breakdown.
MACHINERY COVERAGE
Provides protection for essential production equipment refrigeration systems, make lines, and other mechanical systems that could break down.
BUSINESS INTERRUPTION
If the breakdown of covered equipment causes a halt in Smoothie operations, the policy can cover lost income and additional expenses incurred to keep the business running while repairs are made.
PROPERTY DAMAGE
Covers the cost of repairs or replacements for any property damaged because of equipment failure, such as if a piece of equipment catches fire and damages surrounding equipment or the building.
SPOILAGE
Covers losses due to spoiled food and ingredients or ingredients resulting from machinery failure, such as refrigeration systems breaking down and causing food and ingredients or raw materials to spoil.