MANUFACTURING INSURANCE
Premier insurance solutions and risk minimization services
MANUFACTURING INSURANCE
Premier insurance solutions and risk minimization services
MANUFACTURING RISK EXPERTISE
FAQ
Do Manufacturing businesses need insurance?
Yes, Manufacturing businesses have a lot to protect. They need insurance to protect their property, equipment, vehicles, stock, employees, as well as third party liabilities.
What are some notable risks facing Manufacturing businesses?
- Employee Injury: Manufacturing businesses need to protect themselves for the costs associated with employee injury due to heavy lifting, operation of specialized equipment, and repetitive motion. It is important to train employees on best practices with regards to workplace safety
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General Liability: Risk can be high for Manufacturing businesses based upon the types of products manufactured. Different products will contain varying levels of risk as depending on their purpose on how they are used.
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Property Damage: Combustibility due to the use certain materials and methods of storage poses a risk for Manufacturing businesses. Scrap material should be picked up on a regular basis and stored in closed containers. Theft can also be an issue.
Which insurance coverages are needed for Manufacturing businesses?
MANUFACTURING
RISK EXPERTISE
From the tools you use to the products you produce, every manufacturing business faces unique risks and unique properties to protect. We have helped protect countless manufacturers for decades. We analyze your unique circumstances and design a customized risk management and insurance plan for your needs.
FAQ
Do Manufacturing businesses need insurance?
Yes, Manufacturing Businesses have a lot to protect. They need insurance to protect their property, equipment, vehicles, stock, employees, as well as third party liabilities.
What are some notable risks facing Manufacturing businesses?
- Employee Injury: Manufacturing businesses need to protect themselves for the costs associated with employee injury due to heavy lifting, operation of specialized equipment, and repetitive motion. It is important to train employees on best practices with regards to workplace safety
- General Liability: Risk can be high for Manufacturing businesses based upon the types of products manufactured. Different products will contain varying levels of risk as depending on their purpose on how they are used.
- Property Damage: Combustibility due to the use certain materials and methods of storage poses a risk for Manufacturing businesses. Scrap material should be picked up on a regular basis and stored in closed containers. Theft can also be an issue.
Which insurance coverages are needed for Manufacturing businesses?
Insurance coverages needed for Manufacturing businesses include (but not limited to) Workers Compensation, General Liability, Property, Business Income and Extra Expense, Employee Dishonesty, Inland Marine, Pollution, Umbrella, Employment Practices Liability, and Auto including Hired and Nonowned Auto.
How much does insurance cost for Manufacturing Businesses?
Insurance premiums for Manufacturing Businesses will vary based upon several factors. Each policy is rated on different exposures which may include payroll, revenue, product type, property value, location, driving record, claims history, among others.
How do I purchase Manufacturing Business insurance?
Biscayne Risk & Insurance Group can help guide you through the insurance buying process. Contact us at 561.571.1001, quotes@biscaynerisk.com, or via the contact form below.
COMMON COVERAGES
Business Auto Insurance
Whether you have one vehicle or a whole fleet, we can help you implement custom coverage that will protect your business.
Commercial Property Insurance
Commercial property insurance protects your assets in the event they are stolen, damaged or destroyed in a fire or natural disaster.
Flood Insurance
At least 25 percent of businesses that close after destructive events such as floods never reopen.
Inland Marine Insurance
Inland marine insurance is coverage that protects your business property while it’s away from your business location.
Business Onwers Insurance (BOP)
A Business Owners Policy (BOP) combines business property and liability insurance into one convenient policy.
Directors & Officers Liability Insurance
Covers directors and officers for claims made against them while serving on a board of directors and/or as an officer.
General Liability Insurance
Coverage that protects your business in the event a non-employee is injured or property you do not own is damaged.
Workers' Compensation
Coverage for employees who are injured on the job or contract work-related illnesses. Workers’ Compensation is usually mandated by state law.
OUR EXPERTISE
- Job Shops
- Metal Manufacturing
- Plastics Manufacturing
- Food & Beverage Manufacturing
- Wood Shops
- Forming
- Casting
- Engraving
- Printing & Publishing
HOW CAN WE SERVE YOU?
CALL | 561-571-1001
EMAIL | hello@biscaynerisk.com
HOW CAN WE SERVE YOU?
CALL | 561-571-1001
EMAIL | hello@biscaynerisk.com