Our Manufacturing Insurance Programs
A Business Owner’s Policy combines three coverages in one affordable product. Here’s what’s included:
General Liability Insurance
General liability can cover lawsuits that result from an injury or property damage that is caused by your business. It also helps to cover claims alleging libel and slander.
Commercial Property Insurance
Commercial property insurance can protect your place of business as well as your tools and equipment, whether you own them outright or you are leasing them.
Business Income Insurance
This can cover your lost income if you are unable to run your manufacturing business because of a covered property damage or loss, such as a storm or fire.
Who Needs Manufacturing Insurance?
Any business that produces goods or products needs to obtain manufacturing insurance. This includes:
- Fabricators
- Textile mills
- Tool manufacturers
- Furniture manufacturers
- Canning facilities
- Electronics manufacturers
- Clothing manufacturers
- Plastic manufacturers
- Publishers
- Food mills
- Canning facilities
- Refineries
- Bottling plants
Optional Manufacturing Insurance Coverages
While not all manufacturers need the same forms of coverage, there are some that may benefit from (or require) additional policy options. Here are the optional manufacturing insurance coverages we offer at Burton & Company:
Product Recall And Replacement Coverage
Many consumer goods manufacturers can benefit from an insurance policy that covers product recalls.
Employment Practices Liability Insurance
Employment practices liability insurance provides valuable coverage if your manufacturing business faces lawsuits over issues such as workplace harassment, discrimination and wrongful termination.
Workers Compensation Insurance
Most states require all businesses to obtain workers compensation insurance. You’ll want to have this protection in place for your employees if they suffer from a work-related illness or injury. It can cover the costs of their medical care as well as wages from lost work time. It can also cover legal fees if their family sues you for their injury or illness.
Commercial Auto Insurance
If your manufacturing business’s employees use personal vehicles for picking up tools and supplies or meeting customers, a business auto policy provides coverage that is not typically included in personal auto policies. This provides valuable coverage if you or your employee has been involved in an accident in an owned vehicle that is being used for work.
Cyber Liability Insurance
Cyber liability can protect your manufacturing operations by covering your expenses related to cybercrime and data breaches, such as the expenses of notifying customers about the data breach, providing credit monitoring services to affected individuals, and protecting your computer systems and electronic data from computer attacks and damage.
Equipment Breakdown
An equipment breakdown policy can cover the costs of repairing or replacing equipment, machinery and forklifts your business depends on to operate.
Property In Transit
Property in transit insurance protects your manufactured goods while they are being transported in company vehicles.
Reach Out To The Insurance Specialists At Burton & Company
Keep your manufacturing business running smoothly in the face of adversity with manufacturing insurance. The experienced agents at Burton & Company can develop a customized insurance policy that suits your budget and addresses your business’s specific needs. Request a quote online or contact us today at (888) 652-1325 to learn more.
