List the equipment you depend on
Tell us about refrigeration, heating and cooling, electrical, communications and production equipment. Your Spot team asks which failures would stop you.
Alder ManufacturingOrganized by Spot
Equipment Breakdown Insurance Quotes
Get equipment breakdown insurance quotes with Spot
List the machines and building systems your business depends on, and your Spot team prepares the submission brokers use to quote breakdown coverage.
Get quotes from 15+ equipment breakdown insurance providers
- Machines and building systems inventoried once
- Downtime, spoilage and utility terms checked quote by quote
- Keep your broker or switch, with no commissions on premiums
How it works
Add values and what depends on them
We note what each machine would cost to repair or replace, and the stock or work that relies on it.
Equipment breakdown insurance
Alder Manufacturing · Policy review
- Policy wording
- Coverage limits
- Compare with
- Contract requirements
Confirm with your broker
Limits, exclusions, and endorsements
Brokers take it to market
We work with brokers to request equipment breakdown proposals, and follow up on questions about your equipment.
# spot-support
MorganAlder Manufacturing
What do we need to request equipment breakdown insurance quotes?
RileySpot
Let’s prepare the information for your broker and compare the terms, not just the price.
Compare more than the repair bill
See which proposals include lost income, extra expense, spoilage and utility interruption, with their limits and waiting periods.
Insurance documents
Quote requestEquipment breakdown insurance
Coverage limits · Policy terms
Alder Manufacturing
What you’ll need
- 01
Equipment inventory
Heating and cooling, refrigeration, electrical, communications and production equipment you rely on.
- 02
Value of each item
What it would cost to repair or replace.
- 03
Critical systems
Which failures would stop operations, and for how long.
- 04
Stock at risk of spoilage
Refrigerated or temperature-sensitive inventory.
- 05
Utility dependence
How much your operations rely on outside power and other utilities.
- 06
Lost income exposure
What a stoppage would cost you each day, to compare against interruption and extra-expense coverage.
- 07
Current property coverage
Your expiring terms, since a property limit doesn’t automatically cover equipment failure.
What affects your price
- 01
Equipment value and type
More valuable, more complex machines cost more to insure.
- 02
Dependence on equipment
Operations that stop entirely when a machine fails have more exposure.
- 03
Add-ons such as spoilage
Spoilage and utility interruption protection add to the cost.
- 04
Deductible and waiting period
A higher deductible or longer waiting period can lower the premium.
- 05
Limits
Higher limits for repair, income and extra expense cost more.
Providers your broker can approach
Get quotes from 15+ equipment breakdown insurance providers.
- AIG
- Alliance Risk
- Chubb
- CNA
- Coverdash
- Gallagher
- HUB International
- And many more
Common questions
Isn’t equipment failure covered by my property policy?
Don’t assume it is. We compare the property causes of loss with the separate breakdown protection in each quote.
Does it cover lost income while a machine is down?
Only if interruption or extra-expense coverage is included, subject to limits and deductible. We check this per proposal.
Does it cover spoiled stock?
Spoilage protection has to be included, and it may have its own limit or waiting period.
Can my broker add this to my property coverage?
Possibly. Spot works alongside brokers and takes no commissions on premiums, and we compare breakdown coverage with your property terms.
Related
Get insurance off your to-do list.
List the machines and building systems your business depends on, and your Spot team prepares the submission brokers use to quote breakdown coverage.
Get StartedLearn more before you get quotes
Read these before you choose a policy or an insurer.
