Your organization relies on equipment every day. From standard building equipment like HVAC systems and computers to specialized kitchen appliances, audio and visual equipment and more—your organization’s equipment is critical to your operations.

If your equipment were to malfunction or break, it could disrupt your day-to-day operations for your members, guests and volunteers. But with the right maintenance and preparation, you can keep your Lodge running smoothly.

Preparation Tactics for Equipment Malfunction

Implement these tips to prevent and prepare for equipment malfunction.

Proper installation and use

Carefully oversee all equipment installation and setup. Train members on the proper usage of business equipment. Members who use equipment should understand how to troubleshoot equipment and the standard safety measures when using the equipment.

Routine maintenance

Schedule maintenance checkups on your HVAC system and specialized equipment at least twice a year. Often spring and fall are the best times to schedule checkups, but older units and equipment may require more frequent maintenance checks.

Keep records

Keep records of purchases, installations, product warranties, maintenance and more.  Documenting this information will guarantee that other inspections and maintenance will be done at the proper times and ensure a longer life for the equipment.

Equipment breakdown insurance

Equipment breakdown coverage, also known as boiler and machinery insurance, protects against expenses related to sudden, accidental and unexpected equipment breakdowns. It is often used by organizations that rely heavily on computers, manufacturing equipment or refrigerators.

Property insurance

While property insurance does not cover equipment malfunction, it will cover damage caused to your property by the equipment malfunction. It will also replace equipment that is stolen or damaged by weather-related incidents your property incurs.

Protecting your organization’s operations

With the proper maintenance and preparation, you can prolong the life of your equipment and keep your organization running smoothly for your members, guests and volunteers.

Explore more risk management tips from Lockton Affinity or get a quote on your business insurance today.