At Eastern Insurance, we understand the liability exposures faced by manufacturers. Do you find yourself worried about the liability from the products you manufacture? It's a valid concern given all the variables involved, but with the proper insurance coverage, you'll be able to concentrate on your business.
Because you're the owner of a manufacturing business, each product that comes through the assembly line represents you. Once it gets sold, however, you can't control how it is used, and the liability stays with you.
Eastern Insurance provides a comprehensive review of your exposures to develop an insurance program that incorporates liability insurance to shield you from product liability lawsuits. The program can also include the following coverage features:
- Equipment Breakdown
- Property Protection
- Business Interruption
- Umbrella Liability
You may feel that you are already covered in these areas with a general business insurance policy. However, most policies will not automatically include features such as product liability and equipment breakdown - and these are your major risks at the front and back end of production.
Additionally, we can provide Manufacturers E&O Insurance which is professional liability insurance that covers manufacturing mistakes and negligent service that results in a third-party financial loss without bodily injury or property damage.
Eastern Insurance offers unique advantages, including:
- 24/7 claims coverage and response
- A wide selection of insurance carriers. We have relationships with more than 50 regional and national insurance companies
- An experienced team of professionals who can help tailor plans for you
Our experienced professionals understand the unique needs of your business, as they are also members of most industry associations. As a result, we can help you identify, analyze, and calculate risks and tailor a competitive solution that helps you manage them.