Machinery Breakdown Insurance
Protect your production when critical equipment fails
Even a minor mechanical or electrical breakdown can bring your operations to a halt. A failed motor shuts down your production line. A refrigeration unit stops working and stock spoils. A compressor burns out, affecting multiple machines downstream. These events are common and costly.
Machinery Breakdown Insurance helps cover the cost of repairing or replacing insured equipment after sudden and unforeseen breakdown. It can also respond to spoilage, business interruption, and damage caused by equipment failure, subject to policy terms.
Coverite Insurance works with manufacturers, engineering workshops, fabrication plants, food processors, mechanical contractors, and industrial operators across Australia. We review your equipment list, dependencies, risk profile, and operational processes then arrange cover that aligns with the way you work, not a generic off-the-shelf policy.
Machinery breakdown insurance for businesses that rely on equipment, production lines, and critical plant
Whether you run a manufacturing facility, commercial kitchen, workshop, or industrial plant, unexpected equipment failure can create financial losses far beyond the repair bill. We help businesses of all sizes manage the risk of downtime and protect their machinery assets.
Trusted Support When It Matters Most
Machinery breakdown claims can be technically complex, requiring diagnosis, assessment, repair quotes, failure analysis, and coordination with multiple suppliers. Coverite supports your business from first report to final settlement so you’re never navigating it alone.
Why clients choose us:
- Brokers who understand mechanical & industrial equipment
- Direct assistance gathering repair reports and evidence
- Fast guidance during expensive downtime events
- Clear communication with technicians, assessors & insurers
- A genuine partnership that supports your operations
Real Feedback from Our Clients
“Excellent service! Michelle from Coverite Insurance Service and her team have gone above and beyond to help me with my insurance needs. Michelle has guided me through every step of the process to help find me the best coverage with the most cost effective premium. I feel confident knowing my insurance needs are being well looked after.”
The Easiest Way to Get the Right Cover.
Tell us about your equipment, production lines, and operational risks, and we’ll search far and wide to arrange the right insurance for your needs.
We'll present and talk you through the options. You decide which suits you best.
We'll start your cover so your business is protected.
Key machinery breakdown cover we help arrange
Repair & Replacement Costs
Covers the cost to repair or replace insured equipment following sudden and unforeseen mechanical or electrical failure.
Includes failures involving:
- Motors, gearboxes, pumps, compressors, boilers, pressure vessels
- CNC machines, lathes, milling machines, and fabrication equipment
- Packaging, printing, and processing lines
- Refrigeration, freezing, HVAC, and chilling units
- Electronic control systems, drives, and PLC units
- Hydraulic and pneumatic equipment
Loss of Income Due to Breakdown
Protects your business if machinery failure causes production to stop or operations to slow.
May include:
- Loss of revenue
- Increased cost of working to maintain output
- Overtime, subcontracting, or temporary hire equipment
- Costs to prevent further loss
Deterioration of Stock (Refrigerated Goods)
Protects refrigerated, chilled, or frozen goods that spoil due to machinery breakdown or temperature control failure.
Ideal for:
- Food manufacturers
- Cold storage facilities
- Hospitality & catering businesses
- Supermarkets and distribution centres
Electronic Equipment Breakdown
Covers precision systems such as:
Computers, servers, PLCs, control systems, diagnostics equipment
Medical or testing equipment
Automation systems and robotics