Business Pack: Laundry Operation

A thief broke into an insured laundromat overnight and stole money from a coin machine that was not removed for safe keeping. During the break in, the thief damaged the coin machine.

The repairer deemed the machine unrepairable, so the insurer paid $4,300 to replace it under the Contents section of the laundromat’s Business Pack. However, as they did not have Theft or Money cover, the coins stolen from the machine were not covered.

The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Coverage for claims on the policy will be determined by the insurer, not BizCover for Brokers.