Colorado Equipment Breakdown Insurance
Equipment breakdown insurance is also known as boiler and machinery insurance.
What is Equipment Breakdown Insurance?
Equipment breakdown insurance covers a number of machinery and equipment used in the commercial industry including HVAC, ovens, computers, refrigerators, etc. If one or more of these pieces is damaged due to electrical surge, explosion, mechanical breakdown or other like events, this insurance covers the cost of repairing or replacing the equipment.
Is Equipment Breakdown Insurance required in Colorado?
No, equipment breakdown insurance is not required in Colorado, but as it can help reduce the financial burden on businesses due to a failure or other catastrophic event, it can help businesses get back up and running quickly.
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