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Commercial Equipment Breakdown Insurance

Equipment breakdown insurance for businesses of all sizes

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    Insurance for physical and financial damages resulting from commercial equipment breakdown

    Backed by HSB’s extensive experience and expertise, our commercial equipment breakdown insurance helps business clients ranging from small businesses to large enterprises and public entities when critical equipment breaks down, causing business income losses and other expenses.

    Commercial equipment breakdown solutions from HSB

    Whether you’re a commercial insurer or a commercial lines agent or broker, HSB has the equipment breakdown insurance solution you need.

    HSB TechAdvantage™ for commercial agents and brokers

    With business equipment, technology, and applications constantly advancing, businesses are adopting newer technologies with exposures that might not be covered in yesterday’s coverages. With HSB TechAdvantage™, commercial agents and brokers can offer insurance for the latest breakdown risks to equipment and the technology that powers it. HSB TechAdvantage™ is available for organizations, businesses, and industries of all sizes.
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    Download Product Sheet
    HSB TechAdvantage
    PDF, 3 MB

    Reinsured commercial equipment breakdown insurance

    Backed by HSB’s extensive equipment breakdown experience and expertise, our reinsured commercial equipment breakdown coverage helps your small to mid-size business clients when critical equipment fails and causes business income loss and other expenses.
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    Download Product Sheet
    What is Equipment Breakdown with HSB Tech Advantage 2.0 Coverage
    PDF, 9 MB

    HSB Equipment Breakdown Services

    HSB provides inspection services and engineering-based risk management in support of our partners and clients worldwide. With a staff of over 600 inspectors and engineers commissioned by the National Board of Boiler and Pressure Vessel Inspectors and the American Society of Mechanical Engineers, HSB conducts hundreds of thousands of jurisdictional inspections in the US every year. We evaluate equipment risks ranging from small main street business to high-risk and complex classes of business including boilers, turbines, manufacturing equipment, power generation, and renewable energy.
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    What a loss can cost

    Commercial equipment is exposed to unique risks that other property is not, such as electrical short circuits, mechanical forces, overload, and control failures. By examining loss examples, you can gain insight into why equipment breakdown insurance is so important to today’s equipment-intensive businesses.
    $35,687
    Furniture manufacturer
    Arcing in a dusty electrical distribution panel severely damaged the interior of the panel. Overtime was required to make up lost production.
    $136,693
    Printer
    A bolt came loose and fell into a high-speed press, damaging the cylinder and gears.
    $44,267
    Grocery store
    After a power surge damaged wiring, telephone, alarm, point of sale system, and coolers in a local market, the groceries spoiled and the owner had to close the store until repairs could be made.

    Why trust HSB for commercial equipment breakdown insurance

    #1
    Equipment Breakdown insurer
    HSB is the leading provider of equipment breakdown insurance in North America.
    600+
    Commissioned inspectors
    HSB employs over 600 commissioned and accredited inspectors and engineers.
    150+
    Years
    HSB was one of the first to offer equipment breakdown (formerly boiler & machinery) insurance.
    A++
    Rated
    HSB is rated Superior by A.M. Best rating, the largest credit rating agency in the world specializing in the insurance industry.

    Additional commercial coverages

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    Protection from evolving commercial cyber risks
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    Specialty Liability
    Protection from lawsuit risks
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    Insurance to protect small businesses from underground service line breakdown

    Protect commercial clients from equipment breakdown risks

    Today’s businesses face many risks when it comes to equipment and technology systems. With HSB’s commercial equipment breakdown coverage in your insurance program, you can help protect your clients from property damage and financial loss due to equipment breakdown and get them back up and running if something happens.
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