Posted on Jan 25, 2019
NorthStar Insurance Services, INC.
The lifeblood of a manufacturer is its machinery and, when a breakdown occurs, the impact can be devastating, particularly if access to other machines is not available and customers can’t wait for their goods. When equipment grinds to a halt, deliveries are delayed, job orders are lost, revenue stops and the cost of continuing operations rises, affecting a manufacturer’s bottom line. Equipment Breakdown insurance is designed to step in to help keep a shop operating and reduce potential losses.