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Buy smart with
a used equipment warranty under-written by an industry leader –
The Hartford Steam Boiler Inspection and Insurance Company.
The equipment
breakdown warranty offered by your dealer gives you a level of confidence
previously not available. You enter into a purchase with the option
of obtaining bottom-line protection if there is a mechanical or
electrical breakdown after the sale. This warranty is only available
through selected dealers, those known for their experience and for
the quality of the equipment they handle.
The equipment
warranty covers the cost to repair or replace used equipment following
an electrical or mechanical breakdown. Some of the components covered
for breakdown include equipment controls, mechanicals, motors, pumps,
gears, and power supplies. This warranty is only available at the
time of purchase, and is priced as an option in your dealer’s quote,
so you know what the cost is up front. It’s totally optional; you
decide whether or not to purchase it.
The warranty
picks up when you depend on the equipment the most. Coverage begins
when the equipment is connected and ready for use, and when your
dealers’ return privilege ends. Coverage highlights include:
- Unlike
most warranties, breakdowns due to operator errors and unintended
overloads are included.
- Labor
and replacement parts are included (like parts that are
customarily used in the industry).
- The
warranty term is for one full year.
- Limit
is 100 percent of the asset purchase price, not to exceed
$1,000,000.
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- Deductible
is 5 percent of the purchase price, up to a $2,500 maximum.
(per occurrence)
- The
warranty does not cover performance, safety, efficiency,
or utility of the equipment. Please note there are other
exclusions. The complete war-ranty terms and conditions
are available from your dealer, or on the internet at www.hsb.com/
warranty02.
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Equipment must
be installed in the United States, Canada, Puerto Rico or Mexico,
and is not currently available to buyers residing in Alaska, Colorado,
Connecticut, Idaho, Maine, Missouri, New York, Oregon, Utah, or
Wisconsin.
HSB fully underwrites
and bears the financial obligation for the warranty. After your
dealer’s initial return privilege lapses, HSB assumes all liability
for warranty service and claims, including cost for repair or replacement
following a covered breakdown.
If a covered
piece of equipment suffers a mechani-cal or electrical breakdown,
simply contact HSB by phone WITHIN FOUR DAYS to report the claim.
HSB’s representative takes the basic loss informa-tion, and when
necessary, initiates a more in-depth investigation. You can then
contact the repair firm of your choosing or work with HSB to locate
replace-ment equipment. Once the extent of the covered loss is determined,
HSB reimburses you directly for the cost of repair, including parts
and labor.
HSB is a leading
equipment breakdown insurer and a provider of inspection services
and engineering consulting.
*Premium
is 4% of sale price
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