Equipment Breakdown Coverage
Commercial coverage for unexpected equipment and machinery losses.
Premiums start at $100
Deductible Options
From $1K to $50M
Policy Limits
Up to $50M*
50 States
Available in all states
It’s supplemental standalone coverage for commercial properties with risk for losses due to sudden mechanical and electrical failures.
How Does It Work?
Imagine an electrical surge damaged the fire alarm panel
HVAC systems shut down across multiple floors
Cost for repairs: $44,950
Owner files an Equipment Breakdown claim
Equipment Breakdown covers the loss, less the deductible
Client gets the building and tenants back up and running
What’s Included
Sudden mechanical and electrical failures on commercial property
Up to $50M for non-manufacturing
For selected risks to support loss prevention and reliability
Up to $25M for manufacturing
Start at $100, excluding fees and taxes
$10M sub-limit for Light Fabrication & Assembly and Food & Drug Processing
From $1K up to $50M
How Are Claims Handled?
Overton Inc. manages a commercial office building in Columbus, OH.
Their HVAC system had been reliable for years, routine maintenance, nothing that would make the facilities manager think twice.
The building’s main compressor failed all of a sudden. What looked at first like a simple repair turned into something bigger that meant a full replacement was the only real fix.
Because Overton Inc. had Adaptive’s Equipment Breakdown policy, the replacement cost was covered, minus the $1K deductible, and the building’s HVAC system was back up and running without a huge dent in the budget.
no warning
replacement cost
Real World Examples
Manufacturer in Michigan
Grocery Store in Georgia
Hotel in Arizona
