Are you looking for insurance for manufacturers in Orlando? As a new business owner, the process of finding the right coverage for your business cannot be overstated. Especially in a high-risk industry such as manufacturing, inadequate insurance coverage can prove to be costly. As you do you research on possible coverage options, here are three key coverages that you should be sure to include in your policy.
Property insurance covers your business in case your property is damaged or lost. Especially in manufacturing where fires and other destructive incidents are a possibility, property insurance will pay to repair or replace any covered items impacted by such an incident.
Liability insurance is needed in case a third party sustains an injury, property damage or other loss as a result of your business. This part of your policy will pay for any legal or medical fees associated with such an incident.
Workers’ Compensation Insurance
Workers’ compensation covers your employees in case they sustain an injury or die while conducting business activities. Your policy will pay for any medical, legal or other expenses related to such an incident for which you’re found liable.
Many options are available within property, liability and workers’ compensation coverages. An agent with deep understanding of insurance for manufacturers in Orlando can help customize your policy to fit your exact needs.