In many ways, the manufacturing industry is the backbone of our country. Manufacturers and business owners need a safe and productive working environment to allow their companies to thrive. Factory insurance is necessary for manufacturing companies of all sizes. Factories require specialized types of insurance that reflect their unique operations. Ensuring your business is insured will allow your workers to feel safe and remain productive.
What it Takes to Cover a Factory
Factory insurance provides coverage for all aspects of production, operation and delivery. Amongst the plans generally offered, these three are the most common:
- Business Owner’s Policy
- Workers’ Compensation
- Vehicular Insurance
To protect against loss of income and production, a business owner’s policy provides general liability coverage that will keep your company running through unexpected breakdowns and disruptions. A workers’ compensation plan is necessary for covering the medical costs associated with on-site accidents, and can assist covering employee wages that may have been lost due to injury. Vehicle insurance is a must-have for any factory that employs the use of delivery trucks, vans and company owned cars.
Stay Covered and Feel Safe
Manufacturer liability insurance is an integral aspect of the safety and productivity of your company. Businesses of all sizes need protection from property and building damage, on-the-job accidents and unanticipated lawsuits. Make sure your business always stays covered to ensure higher productivity and success.