Machinery breakdown insurance

Businesses can lose big if machinery breaks down… Luckily, the king’s got your back

In a nutshell

Machines are an integral part of any manufacturing or production process. If that’s your business, you’ll find it hard to be productive without your machines. Luckily, King Price can fix you up with machinery breakdown cover that’ll have you going again in no time at all. Our machinery breakdown insurance provides cover against unforeseen and sudden physical damage to the insured machinery on the premises.

  • Unforeseen and sudden physical damage to the insured property while on the premises... For either replacement value, market value or agreed value from any cause not excluded by King Price.
  • Additional cover, which could include dismantling, re-erection, transportation, removal of damaged property and (where applicable) duties and VAT… As noted on your policy schedule.
  • Architects' and other professional fees.
  • Average (we cover the insured property to the value for which you insured it).
  • Capital additions.
  • Clearing costs.
  • Express delivery and overtime.