Which type of insurance covers damages or injuries occurring during the use of equipment?

Equipment breakdown insurance is specifically designed to cover damages or injuries that occur as a result of equipment failure or breakdown. This type of insurance typically addresses the costs associated with the repair or replacement of machinery and equipment, as well as any resulting loss of income or costs incurred due to business interruption. For businesses that rely heavily on machinery and equipment for their operations, this insurance is crucial in managing the financial risks associated with mechanical failures.

In relation to the other insurance types, general liability insurance primarily covers legal liabilities arising from injury to third parties or property damage due to business operations, but does not specifically address equipment-related incidents. Property damage insurance generally focuses on damages to physical assets owned or used by a business rather than the operational risk posed by the machinery itself. Commercial auto insurance is tailored for vehicles used in the course of business, covering accidents and damages related to those vehicles, rather than equipment operations. Thus, equipment breakdown insurance is the most appropriate choice for covering damages or injuries that arise during the use of equipment.