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Equipment Breakdowns are Bad for Business
Malls and Retailers Can't Afford to Be Without Insurance Protection
Malls and retail stores depend on equipment and that equipment carries a heavy load. Many retailers operate seven days a week and heating and cooling systems keep running even when the doors are closed. Equipment breakdowns are a big exposure that can result in costly repairs like these typical examples of retail losses.

NEW YEAR LOSS
A large portion of an enclosed shopping mall lost power on New Year's Eve when a bus duct was damaged by electrical arcing. The mall was open on the holiday so temporary power was restored. HSB paid $174,372, including $62,792 to expedite repairs.

CAN'T MAKE THE SALE
A retailer's point-of-sale equipment, including electronic cash registers and credit card readers, shorted out after a power spike surged through the building's electrical system. HSB paid $9,592 for repairs and $666 lost income.

STEPS ARE STOPPED
The open air escalator broke down in a two-story mall when storm water caused mechanisms to lose lubrication and seize. The mechanical breakdown was not covered by the owner's service contract. HSB paid $27,500 for repairs.

UNINTENDED CONSEQUENCES
An electrician replacing a fuse inside a consumer electronics store caused arcing that destroyed a power distribution panel. The store was shut down for more than five days. HSB paid $53,015, including $31,359 in lost business income.

HOT TO SHOP
A utility voltage surge shorted out a 680-ton chiller motor and knocked out air conditioning in a shopping mall. HSB paid $125,594 for the loss, including a rented chiller unit used to keep the mall open until repairs were complete.

BACKUP BREAKS DOWN
A 240-volt surge raced through an auto repair shop when an incorrectly installed generator was being tested, damaging office equipment, lighting, telephone and alarm systems, and other equipment. HSB paid $82,060.


Contact your HSB representative for more information.

Hartford Steam Boiler - One State Street - P.O. Box 5024 - Hartford, CT 06102-5024
Phone: 860-722-1866 - Fax: 860-722-5106
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