Describe the work behind the machinery
Restaurant equipment, manufacturing machinery and building systems serve different operations. Start with the business activity so the coverage review reflects how the equipment is used.
Equipment Breakdown Insurance
When essential machinery stops, repair costs add up quickly. Start with your business type to explore coverage for sudden mechanical and electrical failures.
Licensed in California
Menlo Insurance Services is the filed name of Opero Labs Inc. California license #6020106.
Eight brokers, one team
Our eight brokers work together as one Menlo team, so you can reach a person who understands your account.
Independent brokerage
We hold appointments with multiple carriers, so the quote is shopped rather than served from one shelf.
How it works
10 minute form
A few questions about your business or home.
We shop the market
We compare carriers and read the forms line by line.
Quote and bind
We pick the best policy and get you covered.
Look at the equipment your business depends on
A machine can fail without a fire or storm. Equipment breakdown coverage addresses sudden mechanical and electrical failures, with the policy defining the equipment, causes of loss and expenses it covers.
Keep every location in view
The application lets you list multiple locations and identify lenders or other parties with an interest in the coverage. Have those details ready before reviewing terms.
Compare the deductible and terms
Review what you would pay out of pocket alongside the offered limit and covered equipment. Available options depend on the operation and underwriting review.
Businesses and properties the program can consider
- Restaurants, hotels and other hospitality businesses
- Retailers and wholesalers
- Manufacturing and fabrication operations
- Professional and business services
- Schools, universities and nonprofit organizations
- Multifamily properties and community associations
What changes your premium
These details help insurers assess your business and price the coverage. Terms and available options vary by insurer.
- Business activity and how the equipment is used
- Number and location of the properties to be insured
- Equipment breakdown losses during the past three years
- Requested deductible and coverage dates
- Medical diagnostic equipment, when present
- Electrical generation or distribution for sale to others, when applicable
Questions we get asked
What does equipment breakdown insurance cover?
It addresses sudden mechanical and electrical failures of covered equipment on commercial property. The issued policy determines which equipment, losses and expenses are covered, along with the limit, deductible and exclusions.
Can I include more than one location?
Yes. The application asks how many locations need coverage and collects the corresponding property details. Your broker will review how those locations should appear on the policy.
What if my business type is not listed?
Choose Other and describe the operation. That allows a review of the actual business without forcing it into the wrong category. It does not guarantee an offer of coverage.
What information should I have ready?
Start with the business name and addresses, location count, prior equipment breakdown losses, desired coverage dates and deductible. Include any lender, additional insured and inspection contact details that apply.
Ready to compare your coverage options?
Start your application online, or talk with a licensed broker about your situation.