Two Key Liability Coverages For Manufacturers
More so than other business owners, manufacturers must ensure that they are well-protected against potential loss. As a result, the need for appropriate manufacturers’ insurance is vital for long-term success. As you search for an insurance agent, here are two key liability coverages that you should plan to include in your policy.
General Liability Insurance
General liability is stable for all commercial insurance policies. It protects your business against everyday claims from third parties claiming that they sustained an injury or property damage because of your business. In the event that you’re sued, your policy would cover your legal costs including attorney fees and any damages for which you’re found liable.
Pollution Liability Insurance
Pollution liability insurance is often included in general liability, but can also be its own coverage. As referenced on www.dsayles.com, its purpose is to protect you in case a third party claims that pollution from your operations caused them to sustain an injury, illness or property damage. Your pollution insurance policy can be used to cover fees associated with a case as well as the cost associated with purchasing items that help to prevent pollution.
Of course, there are a number of other coverage types to keep in mind. Work with an experienced agent to assess and build a policy that meets all of your needs.