Coverage Choices for Manufacturing Facilities

manufacturer insurance in Orlando

The manufacturing industry needs to be suitably protected against the various hazards that take place in this line of work. There are so many different risks and exposures that many companies face daily during normal operations. The manufacturing of goods is an essential part of our nation’s success, with many products made in the US being shipped abroad.


If your company is responsible for producing metal, plastic or rubber goods, this encompasses a large portion of the goods created and distributed to companies and consumers worldwide. Therefore, you need to protect your business interests with manufacturer insurance in Orlando as part of your overall liability insurance coverage.


Insurance products essential to most manufacturers


Most businesses in manufacturing start with a comprehensive general liability (CGL) insurance policy that contains multiple coverage parts. You need to have coverage in place for product liability (most CGL policies include separate Products Liability and Completed Operations coverage). When purchasing insurance you might be concerned about the cost of coverage, but more importantly, what the policy actually provides in the form of protection. It helps to have a thorough understanding of what your products liability exposure is in order to decide exactly what type of coverage you need.


Since you have employees who perform most of the work, workers compensation coverage will be required. This policy exists to assist workers with medical expenses and work-related injury payments and helps to eliminate additional litigation against the business owner.


Another concern for most companies with workers using vehicles as part of their job duties is auto insurance coverage, which will protect your firm from any kind of auto related liabilities. This is needed for companies that use employees to deliver goods to businesses or warehouses.


Another oft-purchased policy is an umbrella or excess liability protection that adds additional limits for large, third party claims. Exposure to larger losses can easily be underestimated, and most businesses can’t afford to go without coverage in the event they are faced with a large judgment or settlement they’re required to pay.


Speak to an agent who understands the needs of this industry and can help to provide you with manufacturer insurance in Orlando for your many concerns, including the building, business personal property, property belonging to your customers, business income and many other key coverages, all of which are designed to protect you, along with your assets.