Machinery Insurance

Benefits of Expert Equipment Breakdown Insurance

When you insure your machinery with Leibel Insurance Group, you enjoy unique benefits of experience, care, and of course, savings!

Experience

For over 40 years, Leibel Insurance Group has been providing creative and effective insurance solutions to Canadians and their businesses. Our clients have spoken and our 5-star service reviews say it all. With unparalleled experience, our team is able to share their expertise, experience and knowledge with each client. We help you understand your risks and show you additional ways to save and stay protected with different types of insurance.

Care

At Leibel Insurance Group, client care comes first. We look to support our clients beyond the policies we can offer them. We offer support with claims as well as throughout the community! Check out our community involvement and let us know where you would like to see our involvement!

Savings

Start saving on your insurance today. Leibel Insurance Group has access to a number of different insurance providers. We shop policy specifics and rates so that you don’t have to! Once we collect a few options, we offer you detailed quotes so that you understand with complete transparency.

Components of Machinery Insurance

A great machinery insurance policy will cover a few specific risks associated with different heavy machinery uses including production machinery. Make sure you speak to an agent about specific concerns or risks you have so they ensure you have the necessary coverage.

Repair costs

Following a malfunction or physical damage, you need to repair your machinery to keep the workplace as safe as possible. Repairs are expensive, and without insurance, you are left to pay out of pocket for any repairs you make. With that being said, machine insurance cannot cover damage costs associated with improper use or intentional damage.

Replacement

Heavy workplace machinery can cost anywhere from a few hundred dollars to well over a few thousand. Replacement is necessary when machines are no longer performing to standard or have been damaged beyond repair.

Lost work

When you lose a machine that is essential to your working process, you won’t be able to complete jobs until repairs are made or your broken machine is replaced. A great policy will help your business make up for lost work.

Personal injury

Be sure you have some personal injury insurance just in case something malfunctions and one of your employees sustains an injury. Talk to your insurance agent about worker’s compensation insurance if this is a significant concern!

To learn more about your machinery insurance options, call and speak to a Leibel Insurance Group agent today to get started!