Manufacturer Insurance

Whatever you manufacture, protect your business with manufacturer insurance.

Protect the products you make and distribute.

If you make and distribute products, standard business insurance might not be enough. A dedicated manufacturer insurance policy may cover the specific risks you face, leaving you free to concentrate on your business.

Coverage every manufacturer needs.

There are certain coverage options in your manufacturer insurance policy that are beneficial for most businesses in the industry. They may protect your business from the unexpected risks you face on a day-to-day basis, whether it’s the production of the products, or shipment of them.

• Business Auto
• Business Interruption
• Commercial Property
• Employers Liability
• Errors and Omissions
• General Liability

• Manufacturers’ Selling Price
• Motor Truck Cargo
• Ocean Cargo
• Product Recall
• Workers’ Compensation

What does manufacturers’ selling price mean?

A key policy point to look for is a manufacturers’ selling price clause. This means that if your stock is damaged or destroyed by a covered event, you may get a payout reflecting the price you would have sold the items for—not the price you paid for the raw materials.

The benefits of errors and omissions liability coverage.

You should also look for errors and omissions liability coverage. This goes beyond the usual business insurance that protects you against claims of property damage and injury caused by your products. It adds coverage for claims of financial losses. For example, if your customers say their business was hurt by a fault in your product, your coverage may help protect you from that claim.

Be prepared for potential product recalls.

Also consider product recall insurance, which kicks in if you’re forced to recall a product because it might cause harm. This insurance covers not only the costs of getting the product back to you but also safely disposing of the stock. Some policies may even cover legal costs or public relations expenses.

Consider covering your business with manufacturer insurance. Contact us to discuss your business needs and coverage options.