What is Systems Breakdown Insurance, and why do you need it?
Picture this: A mechanical failure occurs on a busy night at your restaurant, and all the computers stop working. Unfortunately, that means that no one can pay with a card, and the food reporting and seating systems are unavailable.
You have property insurance, so you’re sure that you have protection for your equipment and machinery. You call to report the incident to your insurance and find out that your commercial property insurance coverage doesn’t cover risks such as mechanical failure, breakdown, wiring problems, or short circuits.
Some common coverage options for Systems Breakdown Insurance include equipment or machinery breakdown, business interruption, and spoilage coverage.
Contact us today at SOGO Insurance to learn how to protect yourself with Systems Breakdown Insurance.
