Protect Your Business, Your Way

Farmers offers flexible business insurance options to cover the many different areas where your business might need coverage. Tell us more about the specific nuances of your business and let a Farmers agent help you tailor coverage solutions that make the most sense for you.

You’ve achieved your dream of owning a manufacturing business. But as you know, the boundless opportunities of ownership come with plenty of risk. When you’re confident that you have taken the steps to safeguard your organization’s people, property and revenue from the unexpected, you can focus on what’s most important—running your manufacturing business.

Rated by AM Best, Standard and Poor’s and Moody’s as one of the top tier insurers, Farmers helps you protect the investments you’ve made so you can focus on how to keep your business on the road to long-term success. Farmers has the financial security, resources and knowledge to help you meet your insurance needs, having been trusted by millions of customers for more than 80 years. We have industry-based solutions that our local agents can help you to tailor to fit your business.

Your Business Insurance Options Explained

Your day-to-day operations are complex; understanding business insurance doesn’t have to be. Our customized Farmers Manufacturer's Package helps you protect your business, covering elements such as: equipment breakdown, product recalls, or customer claims that products you provided caused them injury or harm.  Obtaining the type and amount of insurance that you want for your manufacturing business will help you fill gaps in coverage where you need it most.

At a minimum, you should consider the following coverage:

• Business Property Insurance for the repair or replacement of damaged physical assets such as specialized manufacturing equipment and inventory in the event of fire, windstorms, hail or other unexpected occurrences.
• Business Liability Insurance for financial losses resulting from claims of injury or property damage caused by you, your employees, or products and services that you provide.
• Workers’ Compensation Insurance for your employees’ medical needs in case of a work-related accident, injury or disease, and to enable them to return to work as quickly as possible. This also minimizes the risk of lawsuits by employees.
• Business Auto Insurance for losses due to injuries to other drivers, passengers and pedestrians caused by you and your employees.
• Business Crime Insurance to help you with losses resulting from wrongdoing like theft, forgery or robbery by a third party.
• Life Insurance for Manufacturing Business Owners that can help you survive the loss of a key employee or partner, plan for business succession, as well as retain and reward your top people.
• Retirement Benefits for Manufacturing Business Owners that can help you secure your financial future and that of your employees.
• Umbrella Coverage that can help you protect your manufacturing business from a potentially ruinous lawsuit with additional liability coverage.

Additional insurance features you should consider adding for your manufacturing business include:

• Product Recall Expense Coverage that can help you cover costs associated with a covered product recall from the market caused by a known or suspected defect. This also covers losses incurred by your distributors and customers due to a covered recall.
• Transportation and Cargo Coverage to provide insurance coverage for your manufacturing business if goods are damaged, stolen or lost as they are being transported.
• Printers Errors & Omissions Liability Coverage for Publishing and Commercial Printing Manufacturers that can help you protect your business from customer claims that they suffered a significant loss of revenue due to omissions or errors you made in the production process.
• Theft Limitation – Bullions/Precious Metals Coverage that can help you cover the theft of precious alloys and metals.
• Spoilage Coverage for Food Manufacturers that can help you cover costs to replace perishable goods that spoiled because of equipment breakdown or a power outage.
• Brands and Labels Coverage that can help you cover costs to remove brands and labels from damaged inventory so they can be salvaged and used for new merchandise.
• Non-Owned Auto Coverage that can help you if an employee is involved in an auto accident while driving a personal automobile for business-related purposes.
• Employment Practices Liability Insurance that can provide coverage for your manufacturing business if wrongful termination, discrimination or sexual harassment claims are made by present, former or future employees.

If You’re Already Covered

You’ve made a sound choice to protect your manufacturing business and employees with business insurance. However, your manufacturing business has specific needs which may change over time. Reviewing your policy year after year helps you to understand whether your current coverage continues to meet your changing needs.  When in doubt, contact a Farmers agent for help. Farmers also offers lines of insurance for many aspects of your life, both professional and personal. Ask your agent about auto, home, motorcycle, recreational vehicle coverage that can complement your business insurance policy.