Equipment breakdown insurance

Equipment breakdown insurance offers extra protection for your firm and its kit. It can help with unexpected costs from sudden mechanical or electrical breakdowns.

This insurance can support with swift repairs and replacements to keep your business moving.

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Why choose Hiscox for your equipment breakdown insurance?


Up to £1m of cover

We can provide up to £1m for equipment repairs or replacements.



Flexible insurance

Make unlimited policy changes and pay monthly.


Highly rated by customers

We won the Feefo Platinum Trusted Service Award in 2024.

Get equipment breakdown insurance for your business

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We may be able to offer you cover based on your business sector.

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We may be able to offer you cover based on your business sector.

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What is equipment breakdown insurance?

Equipment breakdown cover is a type of business insurance. It’s available as an add-on to your office or contents policy. You can also pair it with portable equipment insurance.

This product covers the mechanical or electrical breakdown of machinery or equipment. It’s also known as machinery breakdown insurance.

Note that equipment breakdown insurance does not cover breakdowns due to wear and tear. Nor does it cover cases where a machine breaks down due to an inherent defect or any gradually operating cause.

Instead, equipment breakdown insurance can step in if your equipment’s internal mechanical or electrical systems suddenly malfunction.

Examples include:

  • Computer power surges
  • Plant machinery malfunctions
  • Broken components in construction tools.

Replacing machinery can be expensive. Our insurance can safeguard against electrical or mechanical equipment breakdown costs at insured premises.

This cover can provide up to £1,000,000 towards repairing or replacing equipment. That includes IT kit like computers.

You can tailor a policy to your requirements. What if a malfunction causes an incident or the loss of electronic records? We can help to restore lost or damaged data provided you’ve completed weekly back-ups.

Insurance for equipment breakdown can step in when kit becomes unusable. It can help pay for repairs, or fund replacements if an item cannot be repaired.

Do I need equipment breakdown insurance?

Whatever your industry, you’ll likely need equipment. Whether that’s a computer or server hardware.

So, any business that relies on equipment may find it useful to insure against breakdowns.

An unexpected power surge may leave a graphic designer’s laptop out of action. You may need to repair or replace quickly. Or perhaps you’re an estate agent. What if your printer, scanner and photocopier malfunctions.

Including equipment breakdown cover in your policy guards against the unpredictable.

Not sure what you need?

Tell us about your business – We’ll help you to build your quote and explore your insurance needs.

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Really helpful on the phone and great choice of product.
Lucy Napier Photography and Film
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Hiscox is rated 4.8/5 on Feefo. This comes from real reviews in the past year, with 3501 in total.

How much equipment breakdown cover will I need?

The amount of equipment breakdown cover you need could depend on:

  • Your sector
  • The types of assets to insure
  • The nature of your business.

We can insure your equipment for up to £1m. You can base cover limits on how much it’d cost to repair or replace valuable kit.

Tell us about your business and assets. We’ll help you calculate how much cover would be appropriate.

We’ll then build a policy to meet your needs. To see what’s available and how much cover you need, get a quote.

What does equipment breakdown insurance cover?

Equipment breakdown insurance includes:

  • Up to £1,000,000 for equipment repairs or replacements
  • Standard cover of £5,000 towards reconstitution of data. If your network server is impacted by equipment failure
  • Machinery and equipment damage resulting from electrical arcing, explosion or building collapse
  • Cover for computer equipment while at your business premises
  • Cover for computers while temporarily elsewhere in the UK.

Cover applies if: 

  • You’ve properly maintained insured equipment and machinery according to supplier guidance 
  • Electronic records and data are backed up at least once a week.

Please refer to the policy documents for the full details of inclusions and exclusions of this cover. Policy documents are available when purchasing online. You can also contact our customer services team for more information.

What does equipment breakdown insurance not cover?

We will not make any payment for:

  • Damage caused by wear and tear, inherent defect, rot, fungus, mould, vermin or infestation. Or any gradually operating cause
  • The value to you of any lost or damaged data or information
  • Equipment breakdown caused by a computer virus
  • Amount of the excess.

Please refer to the policy documents for the full details of inclusions and exclusions of this cover. Policy documents are available when purchasing online. You can also contact our customer services team for more information.

Hiscox equipment breakdown insurance is an add-on cover. Buy it alongside your business contents insurance or property away and in transit cover.

Get your equipment breakdown insurance quote in minutes

We cover a huge range of different business types and sizes. We’ll tailor your quote to meet your needs.

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Equipment breakdown: FAQs

How much does equipment breakdown insurance cost?

The cost of equipment breakdown cover depends on the value of your insured kit. To set a cover limit, add the potential cost to replace damaged equipment. We’ll give you a quote.

You’ll buy equipment breakdown cover as an add-on to an office or contents policy. So, the final price depends on the cover limits of both policies.

Hiscox business insurance starts from £8.40* a month.

*Figures based on an average of all business insurance policies sold to at least 10% of our customer base between January 2023 and January 2024

How can I pay for equipment breakdown insurance from Hiscox?

You can pay for equipment breakdown cover when taking out office or contents insurance. Choose to pay:

  • With a debit card
  • By monthly or annual direct debit.

Choose the best option for you.

What other business property cover is available from Hiscox?

We also offer the following types of business property cover:

When should I get equipment breakdown insurance?

You may consider insurance for equipment breakdown when you first buy important machinery or tech for your business.

Could you cover the costs of repairs or replacements? If not, you may want to arrange insurance sooner rather than later.

Meet our experts

Simon Ratcliff

“Whether providing office insurance to corporate businesses or tailored solutions for niche trades and professions, I use my 25 years’ industry experience to enhance our property and liability products and do the right thing for our customers.” 

- Simon Ratcliff, Commercial Property and Liability Underwriting Manager

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