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Business insurance vs. machine warranty

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  • Business insurance vs. machine warranty

    After reading about the insurance rider for machine repair, I called my insurance agent. My business insurance has a "mechanical & electrical breakdown" rider on it. This would repair my machine in case of an accident, but not if the problem is the result of normal wear & tear. ($500 deductible, of course.) Is this the insurance someone on the boards told us about(I couldn't find the thread to post to it)? Have you ever had occasion to use it? I really don't want to put the warranty on my Big Red right now; I want to trade it in on an XT later this year. Thanks, Dianne
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