When it comes to operating a light manufacturing business, there are a lot of moving parts. In addition to managing materials, products, and fulfilling shipments, you have to be constantly vigilant about mitigating your risk by providing a safe working environment, investing in good equipment and making sure your product performs as designed. If a fire, accident, product failure or other disaster should occur, the last thing you want to worry about is whether your insurance will recover from the loss.
There are a number of manufacturing companies in eastern Kansas including woodworking shops that produce cabinets or doors, metal shops working with sheet metal and heavy steel, and printing business producing everything from commercial advertising to stationery. Regardless of what type of light manufacturing your business is engaged with, Integrity Insurance Agency can tailor a manufacturers insurance policy around the requirements of your specific business. You can rest easy knowing that the business you built is appropriately protected so you and your business can recover quickly – and get back to work!
Light Manufacturing Insurance Policies
The type of insurance coverage needed for a light manufacturing business can vary greatly depending on factors such as what it is being produced, where it is located, where final products are being sold and shipped, as well as the number of workers employed. However, regardless of what your business manufactures, there are certain coverages that apply to most all manufacturing businesses. The policies include but not limited to:
Business Auto – Does your business own a vehicle or perhaps a fleet of trucks?
Business Property – As with all businesses, you’ll need some protection for your manufacturing plant, equipment and other property.
Business Liability – Even at a light manufacturing plant, there is likely the potential for serious or life-threatening accidents, which could be devastating to your business without the right insurance policy.
Business Income – Business Income, or sometimes referred to as Business Interruption insurance, can provide benefits if your business is unable to operate as normal including your inability to manufacture product, receive or ship supplies due to a covered incident such as a fire. It also includes additional expenses such as rental costs associated with a temporary location.
Workers Compensation – Most manufacturing operations need multiple employees. If you have workers, you’ll need a policy to cover employee-related medical costs that may crop up as a result of an on-the-job accident.
Finished Products – Depending on what it is you’re manufacturing, you will likely have to insure your final product for defects, or any damages that it may cause.
Cargo Insurance – Unless you retail your product on-site, or your customers pick up your product at your place of business, you are more than likely going to want to insure its delivery against losses such as accident and theft.
There are numerous other exposures that your business could be exposed to as well. The list above points out a few of the more common ones for manufacturing companies. After we have a chance to ask a few questions and have a short talk with you and your team, we’ll be able to begin identifying the coverages appropriate for your business.
Bundle Your Commercial Policies for Insurance Savings
Integrity Insurance offers a variety of policies and some discounts may be available when your light manufacturing business insurance policies are bundled together, such as property insurance, product liability, workers compensation or commercial auto. Ask an Integrity insurance agent about bundling multiple policies together to see how much you can save!
Contact Integrity for a Light Manufacturing Business Insurance Quote
Integrity Insurance agents can provide you with a free light manufacturing business insurance quote and offer advice on commercial coverage options available and recommended for your specific business. Our knowledgeable agents can help identify the right insurance policy to best financially protect your light manufacturing business, vehicle fleet and employees. Contact Integrity today to begin your no-obligation insurance quote.