{"id":1149,"date":"2014-04-15T20:53:00","date_gmt":"2014-04-16T01:53:00","guid":{"rendered":"http:\/\/panamsaves.three.zysites.com\/2014\/04\/15\/what-is-equipment-breakdown-insurance\/"},"modified":"2023-09-05T14:40:07","modified_gmt":"2023-09-05T19:40:07","slug":"what-is-equipment-breakdown-insurance","status":"publish","type":"post","link":"https:\/\/www.panamsaves.com\/es\/blog\/what-is-equipment-breakdown-insurance\/","title":{"rendered":"What is Equipment Breakdown Insurance?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/panamsaves.three.zysites.com\/wp-content\/uploads\/sites\/70\/2023\/09\/458041361_lady_working_on_computer-1.jpg\" style=\"float: left; margin-right: 8px; margin-left: 0px;\" alt=\"Woman working on laptop\" loading=\"lazy\" \/>As technology develops, more and more businesses rely on computers and other electronic devices in order to maintain daily operations. Not to mention, businesses, for years, have used heating\/cooling systems, phone systems and break room appliances. But what would your business do if this equipment malfunctioned or if a power surge zapped a company server?<\/p>\n<p>Business owners often believe that such damages are covered by their property insurance. However, if you study the details of your policy, you&rsquo;re likely to find that that&rsquo;s not the case. Property insurance focuses on external damages, such as fires, theft or weather-related incidents. But internal incidents, such as electric arcing or mechanical or motor failure, are typically excluded. <\/p>\n<p>Just because property insurance may not cover these damages doesn&rsquo;t necessarily mean you have to pay for the high expenses out of pocket. In fact, there&rsquo;s another option for a more well-rounded insurance portfolio. <\/p>\n<p>Equipment breakdown insurance is a key component of business insurance portfolios because it provides valuable protection for your electronic and mechanical equipment. However, keep in mind that this policy is designed to cover hardware; software coverage is likely to fall under cyber risk insurance. Equipment breakdown insurance, depending on the details of your policy, may also cover a loss of income that results from failed equipment causing a business interruption.<\/p>\n<p>Your independent agent can help determine if equipment breakdown insurance is right for your business insurance portfolio, along with any additional policies to cover your business&rsquo; risks and needs.<\/p>\n<p>We&rsquo;ll help you find the coverage you need. Call <strong><span>Pan American Insurance <\/span><\/strong>at (915) 562-0009 for more information on <a href=\"\/business\/\">El Paso business insurance<\/a><a href=\"\/business\/\">.<\/a><a name=\"Do-You-Need-Business-Auto-Insurance\"><\/a><a name=\"Types-of-Business-Auto-Insurance\"><\/a><a name=\"How-Much-Business-Car-Insurance-is-Enoug\"><\/a><a name=\"DUI-Auto-Insurance-Penalties-and-SR-22-F\"><\/a><a name=\"Obtaining-Proof-of-Insurance\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As technology develops, more and more businesses rely on computers and other electronic devices in order to maintain daily operations. Not to mention, businesses, for years, have used heating\/cooling systems, phone systems and break room appliances. But what would your business do if this equipment malfunctioned or if a power surge zapped a company server? [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":1150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":null,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_analytify_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[47,222,75,221,44,223,77],"class_list":["post-1149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-commercial","tag-computer-hardwared","tag-el-paso","tag-equipment-breakdown-insurance","tag-insurance","tag-small-business","tag-texas"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/posts\/1149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/comments?post=1149"}],"version-history":[{"count":0,"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/posts\/1149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/media\/1150"}],"wp:attachment":[{"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/media?parent=1149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/categories?post=1149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panamsaves.com\/es\/wp-json\/wp\/v2\/tags?post=1149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}