Why do food and beverage manufacturers need insurance?
From processing to packing, safety is a priority – but accidents still happen. Manufacturing insurance coverage provides peace of mind and helps you recover from costly incidents such as assembly line injuries, fires, theft, damaged machinery, and supply disruptions. Some policies, such as workers' compensation, are required by state law.
Find affordable coverage
Food and beverage manufacturers can save money on insurance by comparing quotes from top-rated providers.
Fill out Insureon's easy online application to get free quotes and advice from a licensed agent.
What types of insurance do food and beverage manufacturers need?
These insurance policies cover the risks of food and drink manufacturing.
General liability insurance
A general liability policy covers a range of basic food and beverage manufacturing risks, such as customer injuries, customer property damage, and product liability lawsuits.
- Slip-and-fall accidents
- Damaged customer property
- Product liability insurance
Business owner’s policy
A business owner's policy, or BOP, is a cost-effective way for food manufacturing businesses to buy general liability coverage and commercial property insurance together.
- Customer lawsuits
- Business property coverage
- Business interruption incidents
Workers’ compensation insurance
Most states require workers' comp for food and beverage manufacturers that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
- Employee medical expenses
- Disability benefits
- Lawsuits from employee injuries
Cyber insurance
Cyber insurance helps food and beverage manufacturers recover from data breaches and cyberattacks. It's recommended for any business that stores customer information.
- Customer notification costs
- Fraud monitoring services
- Data breach investigations
Commercial auto insurance
This policy covers the cost of an accident involving a vehicle owned by your food or beverage manufacturing business. Almost every state requires this coverage for vehicles owned by a business.
- Medical bills from an accident
- Property damage caused by your vehicle
- Auto accident lawsuits
Commercial umbrella insurance
Umbrella insurance boosts coverage on a manufacturer's general liability insurance, commercial auto insurance, or employer’s liability insurance once the limit is reached.
- Customer injury lawsuits
- Auto accident lawsuits
- Employee injury lawsuits
How much does insurance cost for manufacturers?
A small food processing business can expect to pay less for insurance than a large manufacturing plant.
Factors that affect manufacturer insurance costs include:
- Beverages and food products produced
- Business property and equipment
- Business income
- Location
- Types of coverage, such as inland marine, equipment breakdown, or product recall
- Deductibles, policy limits, and other coverage options
How do I get food and beverage manufacturer insurance?
It's easy to get food and beverage manufacturer insurance if you have your company information on hand. Our application will ask for basic facts about your business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
- Complete a free online application
- Compare insurance quotes and choose policies
- Pay for your policy and download a certificate
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance coverage for your manufacturing business, whether you work independently or hire employees.
Verified business insurance reviews
Hear from customers like you who purchased small business insurance.