Systems Breakdown Insurance for Business Owners in Pennsylvania

How much protection do you really have for the systems and equipment you use in your business? Commercial property insurance has limitations, which many business owners do not fully understand until they need to file a claim. Protect your operations and revenue from the effects of system or equipment failure with comprehensive coverage.

Systems Breakdown Insurance vs. Commercial Property Insurance in PA

Commercial insurance is commonly understood as coverage for your business assets if your property is stolen, or if it is damaged by a fire or natural disaster. A question that often comes up for business owners is they want to know what happens if the property gets damaged by some other type of event.

For example, what happens if there is an electrical surge that fries every computer hard drive in your office? What if an object is dropped into one of your machines, rendering it useless until a technician can come to fix it? What can you do if your air conditioning system has a mechanical failure during a heat wave?

As most business decision-makers know, these problems are not covered by a standard commercial property policy. What they might not know, however, is that there is insurance available to protect the business when major systems or equipment go down. Many businesses believe that these issues need to be covered out of pocket, and any lost revenue is really lost.

Systems breakdown insurance is specially designed to cover the cost of repairing or replacing your damaged or destroyed assets. There is also an option to cover the cost of your business interruption in this type of policy.

Essentially, systems breakdown insurance goes beyond the standard commercial property policy to help you cover the costs of getting back to work.

Systems Breakdown Insurance vs. Manufacturer and Extended Warranties

Every computer, machine, mechanical system, and piece of equipment in your business is important to your operations. Most of your systems and equipment probably came with some type of manufacturer warranty, and you may even have purchased the added protection of an extended warranty.

While warranties are your first line of defense when something goes wrong, they do not provide full coverage. Warranties have expiration dates, void clauses, and exceptions that leave you exposed to risks like human error and accidents.

Your systems breakdown policy covers the issues that your warranty does not. The two work well together to help your business handle operational problems.

Make Sure Your Business is Protected in PA and New Jersey

Work with an experienced insurance agent to explore all of the insurance options available to protect your business. Systems breakdown policies provide broad coverage, but they should be evaluated against your specific needs. For example, if your computer software is more crucial to operations than any of your hardware, machines, or office systems, a cybersecurity policy may be more appropriate than a systems policy.

Freedom Insurance Group is an independent agency located in Northeast Philadelphia. We work closely with commercial clients in Philadelphia, Bucks County, Montgomery County, and New Jersey to help them identify their insurance priorities. Clients trust us to make sure we understand their business before we explore the options that will best fit their insurance needs. We work with businesses of all sizes in a variety of industries to help them protect their property and employees.

Please call us at 215-673-0300 to get your quote started over the phone, or complete our online contact form to review your business insurance needs.

Freedom Insurance Group
215-673-0300

Office Hours
Monday–Friday 9:00 a.m.–6:00 p.m.
Saturday 9:00 a.m.–1:00 p.m.

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As an independent agency, we are here to help you find the right Systems Breakdown Insurance coverage.