Manufacturing Insurance
Commercial Property Insurance
for Manufacturing
Your facility, production equipment, raw materials inventory, and finished goods all represent significant capital investment. Commercial property insurance covers these assets against fire, storm, theft, and other covered perils — ensuring a single event doesn't shut down your entire operation.
Industry-Specific Insight
Why Manufacturing Businesses Need Commercial Property Insurance
Your facility, production equipment, raw materials inventory, and finished goods all represent significant capital investment. Commercial property insurance covers these assets against fire, storm, theft, and other covered perils — ensuring a single event doesn't shut down your entire operation.
Coverage Details
What Commercial Property Insurance Covers
Key protections included in a commercial property policy for manufacturing operations.
FAQs
Common Questions from Manufacturing Businesses
Does commercial property cover inventory and raw materials?
Yes, business personal property coverage under a commercial property policy covers inventory, raw materials, and in-process goods at your facility.
What about flood damage to a manufacturing facility?
Standard commercial property policies exclude flood. If your facility is in or near a flood zone, a separate commercial flood policy is essential.
Does commercial property insurance cover flood or earthquake damage?
Standard commercial property policies typically exclude flood and earthquake damage. Separate coverage is available and may be worth considering depending on your location. A licensed agent can help you assess your exposure and find appropriate coverage.
What's the difference between replacement cost and actual cash value?
Replacement cost coverage pays what it costs to replace or rebuild damaged property at today's prices, without depreciation. Actual cash value accounts for depreciation, meaning you may receive less for older items or equipment. For most businesses, replacement cost is the preferred option.
Complete Coverage
Other Coverages Manufacturing Businesses Commonly Need
A complete protection plan for manufacturing operations typically includes several complementary coverages.
Manufacturing · Commercial Property
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