Light Industrial Program
Light Industrial Manufacturing companies have special challenges when it comes to insuring their businesses. Most manufacturers - their greatest asset - and most expensive - is their machinery! Without proper coverage, a simple lightning storm could cause a problem that might put a serious dent in what you have built.
- Expensive Automated Equipment that needs to be covered - however might be extensively damaged by power issues.
- Replacement equipment or parts may cause delivery delays and contract committment shortfalls.
- Expensive manufactured products that have deadline commitments to which errors could lead to financial losses for everyone.
Viall Insurance Agency's process with our manufacturing clients provides a detailed understanding, not just about the value of the expensive equipment, but the impact of the equipment on the business when there are unexpected failures or losses. Additionally, proper safety processes and procedures and training materials can help keep the human costs low and productive!
Some of the solutions we offer provide specific insurance coverages to mitigate the risk. Business Income, Utility Time Element, Equipment Breakdown and Manufacturers Errors and Omissions coverages are few coverages that may be available or not configured correctly in your current policies. Viall Insurance Agency also provides our manufacturing clients with access to the Risk Management Center and IQRM - two valuable seervics that allow businesses to refine management procedures and reduce risk all around their business.
One of our companies, Central Mutual Insurance, has a Light Industrial Manufacturing program with significant risk management advantages by providing broad and simple to manage coverages targeted at this industry area.
Expensive machinery, instrumentation, inventory not to mention dealing with equipment to move materials and deliver - the light manufacturer has exposures most main street clients do not, despite having similar revenues.
If you manufacturer products and want to visit how to create a risk management program for the same effort you use to shop for insurance, please review this flyer and request a contact at the right.
