Have you been in a store during a power black-out lately? It’s a little spooky to see a whole enterprise grind to a halt, but that’s what happens these days. The lights go out, the air conditioning system goes silent, the phones stop ringing and it’s difficult to make a transaction because no one can get into the electronic cash registers. Imagine the financial losses that could entail! As a business owner, do you have systems breakdown coverage as part of your business insurance PA portfolio? Perhaps you should, if you don’t already.

Think about the systems you run in your business and how the breakdown of any of them might adversely affect your operations and productivity. A hacker might trigger a crash of your computer network. A major refrigeration system could blow a fuse – taking out the fridges and your power. The telephone system could go down, wiping out part of your normal communications. Think about the possible implications and the types of losses you could incur.

Systems breakdown coverage is designed to offer financial back up when your business suffers a loss due to the failure of your business equipment, or a major system or network. Clearly, there are major ramifications for manufacturers in this scenario. However, think back to the original example and consider the losses that could happen to many types of business in the event of a power outage. When reviewing your business insurance PA package you may want to make sure you are covered for such events. Adequate coverage could make a world of difference if you experience a breakdown of your business systems. Call us today for more information.