Manufacturing Insurance

It’s easy to find insurance for manufacturing businesses with Insureon. Whether your focus is clothing, food, or wood products, you’ll need to have some basic information about your business available.

Our application will ask you for your annual revenue and payroll, among other details. You can buy a policy online and get a certificate of insurance in three easy steps:

1. Complete a free online application.
2. Compare quotes from top insurance companies and choose a policy.
3. Pay for your policy and download a certificate for proof of insurance.

Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance solutions for your unique risk management plan, whether you’re a small-scale cannabis manufacturer or a multi-plant metal manufacturer.

There are three types of product defects manufacturers should be prepared to defend against:

• Design defects
• Manufacturing defects
• Warning and instructions defects

This is where product liability insurance and product recall coverage can protect your business from financially devastating lawsuits – and give you peace of mind.

Product liability insurance, sometimes referred to as products-completed operations coverage helps safeguard your business from claims a product you made caused a bodily injury or damaged a customer's belongings. Product liability will help pay your legal fees, judgement, or settlement.

Additionally, product recall insurance can provide financial protection should your business have to carry out a product recall. While this specific coverage isn't included with general liability insurance, it can be added as a rider. This coverage will cover the cost of collecting recalled products, disposing of unsafe products, and crisis and public relations management.

Businesses in the manufacturing industry should consider carrying the following insurance products to safeguard their facility from common risks and exposures, as well as the resulting financial losses.

Business income insurance, sometimes called business interruption insurance, covers financial losses if your business is forced to close temporarily due to a fire or extreme weather. It can often be added to a business owner's policy.

Equipment breakdown coverage, also called mechanical breakdown insurance, is an endorsement to your commercial property insurance or BOP. This type of insurance covers expenses when your facility's equipment or machinery suffers a mechanical failure. One policy exclusion is standard equipment wear and tear.

Inland marine insurance is a "floater" policy, which means the coverage goes where the insured property goes. It can protect manufacturing tools and equipment that are in transit or stored off-site.

Environmental liability insurance, also called pollution insurance, provides financial protection from environmental risks faced by your manufacturing company. It helps cover pollution legal liability and cleanup costs.

A commercial package policy (CPP) combines general liability and commercial property coverage into one policy with more flexible protection. It allows for more coverage options and higher policy limits. This is a good choice for businesses in higher risk industries that might not be eligible for a BOP.