Types of Manufacturing Insurance
Insurance for any manufacturing business aims to protect your operations against unforeseen incidents. When Mallory Agency drafts an insurance portfolio, we will incorporate several types of coverage to best mitigate the risks your business might face.
Our insurance experts point out three main components that make up manufacturing insurance: your employees, your equipment, and your consumers. The policies that we draft at Mallory Agency will incorporate any losses that your company may face if any of these three components are not fully satisfied. If an incident does arise with machinery malfunctions, employee productivity, or consumer safety, it is necessary to have an insurance plan that will protect your business.
Most manufacturing insurance policies
will include general liability as well as standard workers compensation insurance. More specific coverage options are available to extend your business protection. Coverage options offered by our insurance carriers might include:
- Contractors equipment
- Transit insurance
- Builder’s risk
- Equipment breakdown
- Product recall insurance
- Manufacturing errors and omissions
- Property insurance