From laptops and point-of-sale systems to servers, specialized machinery, and business software, technology keeps today’s businesses running. But what happens if that equipment is damaged, stolen, or suddenly stops working?
Many business owners assume their Commercial Property policy automatically covers every piece of technology they own. While some equipment may be covered, coverage limits, exclusions, and valuation methods can leave costly gaps—especially for high-value electronics or specialized equipment.
Technology & Equipment Insurance helps protect the tools your business depends on every day. Depending on your policy, coverage may help pay to repair or replace damaged computers, networking equipment, tablets, office electronics, manufacturing equipment, and other business-critical technology after a covered loss such as fire, theft, vandalism, or certain weather events.
Some policies can also include Equipment Breakdown Coverage, which protects against sudden mechanical or electrical failure that isn’t typically covered by standard Commercial Property insurance. If a server crashes, a refrigeration unit fails, or essential equipment experiences an unexpected power surge, this coverage can help cover repair or replacement costs and minimize downtime.
For businesses that rely heavily on software, it’s also important to understand that while hardware may be insured, software restoration, electronic data recovery, and cyber-related losses often require separate coverages such as Cyber Liability Insurance or Electronic Data Processing (EDP) coverage.
Whether you own a retail store in New Braunfels, a contractor’s office in Cedar Park, a restaurant in San Marcos, or a professional office anywhere across Central Texas and the Texas Hill Country, protecting your technology is an important part of protecting your business.
At Dowd Insurance Agency, we’ll help you identify potential coverage gaps and build an insurance program designed to keep your business operating when the unexpected happens.
