Freehold, New Jersey
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What Is Manufacturers Insurance & Who Needs It? January 12, 2018

Freehold, Monmouth County
What Is Manufacturers Insurance & Who Needs It?, Freehold, New Jersey

Starting and running manufacturing facilities and machine shops require significant outlays for buying and renting equipment and space and hiring qualified employees. As a specialized field, they are vulnerable to unique risks that endanger even the most profitable businesses. Manufacturers Insurance policies are designed to protect your investments from a variety of perils. Below is a quick discussion about what the plan covers and who needs it most. 

What Is Manufacturers Insurance?

Manufacturers Insurance protects against a variety of issues that could cause work stoppages, lawsuits, or force your shop to shut its doors. Policies tailored to the sector will shield you from lost income, damage to your equipment, and losses to products incurred in transit. Further, in addition to the standard Commercial General Liability Policy (CGL), this insurance will shield you from claims resulting from you or your employees’ negligence and will pay any legal fees associated with your defense.

manufacturers insuranceIt’s wise to invest in Business Interruption Coverage which is protection against downtime caused by equipment failure or natural disasters. You should also have Errors and Omissions coverage in the event of defective products. The General Liability only shields you from claims resulting from bodily injury or property damage caused by your products and may be expanded to cover economic loss to a third party (Error and Omissions) and pays any legal fees associated with your defense.

Who Needs Manufacturers Insurance?

Every business with significant assets, from large manufacturing plants to small machine shops, should consider purchasing specialized insurance. Warehousing services, fabricators, and printers also have unique needs, which will require customized insurance solutions tailored to their needs. A skilled agent can carefully evaluate your business and offer a policy designed to cover your specific needs, giving you peace of mind and protection against the unexpected.


As an independent agency specializing in the manufacturing industry, NorthEast Insurance Services provides high-quality products to businesses throughout New York, New Jersey, and Pennsylvania. With their extensive expertise and a wide range of policies from some of the nation’s leading carriers, you can rely on their team to provide plans that are custom-tailored to your needs. Reach out through their website or call (732) 972-1771 to request a quote today, and follow their Facebook for regular insurance tips and updates.
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