Are you a manufacturer looking for business insurance in Glen Rock? Don’t allow the many options available to fool you into settling for coverage that’s not appropriate for you. Below is a breakdown of three essential liability coverages you’ll need to include in your new policy.
General liability insurance protects you against lawsuits from third parties claiming that they sustained bodily injury or property damage because of your business or on your premises. This can range from a visitor injuring themselves on your operations floor to a customer claiming that your widget caused their home to catch on fire.
Professional liability insurance protects you against lawsuits where the third party claims that an error on your part led to them experiencing a loss of some sort. An example where this would come into play is a poorly designed part that leads to a client’s machine not functioning properly and costing them revenue.
Pollution liability insurance protects you in case any pollution caused by your manufacturing processes leads to a third party sustaining an injury or property damage. You can also use the funds from this part of your policy to pay for measures that will inhibit or limit your pollution.
There are many other forms of liability coverages available to manufacturers. Work with an agent who’s experienced with business insurance in Glen Rock to create a policy that meets your needs.