Manufacturing insurance
Insurance for manufacturers, factories and workshops - simple and hassle free with Premierline
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Complete our short form to start your business insurance quote. We’ll then call you at a time that’s convenient for you to discuss your requirements and provide an insurance quote
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Our advisors are just a phone call away. On average, we answer calls within 90 seconds. Lines open Monday to Friday 9:00am–5:00pm
Insurance covers to consider
When deciding what insurance and covers you need to protect your business, you should consider the following:
Public liability insurance
Public liability insurance provides cover for accidents or property damage that your manufacturing business may be held responsible for.
Manufacturing businesses often have a physical location, use machinery and equipment, and employ staff, which can increase the risk of accidents or damage occurring on their premises. In the event that a member of the public, such as a customer, supplier, or visitor, is injured or their property is damaged due to your business activities, public liability insurance can help cover the costs associated with the incident.
Employers' liability insurance
If a member of staff injured themselves at work whilst using machinery or tools, employers’ liability can safeguard against damages awarded against you. Manufacturers are legally required to have employers liability insurance if they employ staff in the UK, including full-time, part-time, and temporary workers. This is because manufacturing businesses typically involve higher risks of accidents and injuries due to the use of machinery, tools, and equipment, as well as exposure to potentially hazardous substances.
Employers’ liability insurance provides financial protection to cover the costs of compensation claims made by employees who have suffered injury or illness as a result of their work.
Product liability insurance
Manufacturers should consider product liability insurance to protect themselves against potential legal claims made by consumers or other businesses who have been harmed or suffered property damage as a result of a product defect or failure.
Product liability insurance provides coverage for legal costs, compensation claims, and other expenses that may arise if a product manufactured by your business causes harm or damage to a consumer or their property. This type of insurance is particularly important for manufacturers, as they can be held responsible for defects or malfunctions in their products, even if they were not aware of the issue at the time of production.
Product liability insurance can also protect against claims that arise from design defects, manufacturing defects, and marketing defects, such as inadequate warnings or instructions.
While product liability insurance is not a legal requirement in the UK, it is highly recommended for manufacturers to protect against the financial risks of potential product liability claims.
Property covers
Your premises, contents, stock and equipment are all elements of your business that require all round protection against unexpected events. Property insurance for manufacturing businesses typically includes coverage for the following:
Buildings – this includes coverage for the manufacturing facility itself, including the building structure, fixtures, fittings, and permanent machinery and equipment. Contents – this includes coverage for the contents of the manufacturing facility, such as machinery and equipment, tools, and other physical assets. It can also include coverage for office equipment and furniture.
Stock – this includes coverage for the raw materials, finished goods, and other inventory held by the manufacturing business. It can also include coverage for goods in transit. Property insurance can provide protection against a range of risks, such as damage from fire, flooding, theft, and vandalism.
Business interruption insurance
Business interruption insurance is also an important cover for manufacturing businesses to consider. It can provide for lost income and extra expenses incurred when your business operations are disrupted due to an unexpected event, such as a fire or flood.
For example, if a fire breaks out in your manufacturing facility, workshop or factory and you are unable to operate for several weeks while repairs are made, business interruption insurance can help cover the costs of lost income during that time period. It can also help cover the extra expenses associated with moving your operations to a temporary location or renting equipment to continue production.
Business interruption insurance is designed to help businesses recover from unexpected events that may cause financial losses. For manufacturers, the risks of such events can be significant due to the potential for damage to expensive equipment, loss of stock, and disruption to operations.
Cyber & data insurance
As technology continues to evolve, businesses are becoming more vulnerable to online threats and data breaches. Even businesses with the most stringent cyber security measures in place are still not safe. Cyber and data insurance can help to protect and support you if you fall victim to cyber crime.
If you have a website, hold personal data about your customers, suppliers or even employees, rely on computer systems as part of your day to day business, then you have a cyber and data exposure which you may wish to protect. Cyber insurance is designed to provide you with crucial support if your IT infrastructure and data is compromised following a cyber-attack.
Specified all risks
For a complex business such as manufacturers, you may wish to add specific risks to your insurance policy. Specified all risks will protect equipment or property that are specifically listed in the policy, such as manufacturing machinery, specialist equipment, and other essential assets.
Specified all risks coverage is a type of insurance that can provide additional protection for specific items of high value that may not be covered under a standard manufacturers insurance policy. This can include items such as valuable machinery, tools, or equipment that are essential to the daily operation of your business.
Specified all risks can cover loss or damage to these items, whether they are on your business premises or in transit. This type of cover typically provides broader protection than standard insurance policies and can include coverage for accidental damage, theft, and other risks.
Tools, plant & equipment
When machinery, plant and equipment are the backbone of your food manufacturing business it’s important to make sure your essential equipment is protected against the unexpected. This cover should protect all of your machinery and equipment you use for food and drink production such as industrial cooking equipment, packaging equipment and generators whether they are on your business premises or in transit.
Tools, plant, and equipment insurance can provide coverage for a range of risks, including theft, accidental damage, and breakdowns. This coverage can also include protection for any hire equipment that you may be using as part of your business operation
Legal protection
Commercial legal protection, also known as legal expenses insurance, is a type of insurance that provides coverage for legal costs and expenses incurred by businesses in the event of a legal dispute or claim.
This insurance typically covers expenses such as legal fees, court costs, and settlements that may arise from disputes related to the business, such as contract disputes, employment disputes, or health and safety incidents. Commercial legal protection insurance can provide peace of mind to businesses and help mitigate the financial impact of legal disputes, which can often be expensive and time-consuming to resolve.
Commercial vehicle insurance
A commercial vehicle could be a crucial part of your business. This insurance is designed to cover the vehicles that are used for business purposes, such as vans or trucks, against various risks that they may face during operations, whether it’s for customer deliveries, collecting stock or even just getting to and from the merchants daily. We understand the need for a quality cover that gives you peace of mind so why not take a look at our business van insurance page to find out more about commercial vehicle insurance? If you have a fleet of company vehicles we could arrange to insure them under a motor fleet insurance policy.
Goods in transit cover
Goods in transit insurance typically provides coverage for loss or damage to goods caused by various risks, such as theft, fire, or accidental damage during transit. This insurance may also cover losses caused by delay, detention, or non-delivery of goods.
Statutory equipment inspection
Manufacturers that use machinery or equipment in their operations are often required by law to conduct regular inspections to ensure that they are operating safely and meet regulatory standards. Therefore, manufacturing businesses should consider having statutory equipment inspection cover as part of their overall risk management strategy to protect against the costs of complying with regulatory requirements.
Professional indemnity cover
Manufacturers may require professional indemnity insurance if they provide professional services or advice to their clients, such as design or engineering services. Professional indemnity insurance provides coverage for legal claims made against a business by a client or third party alleging that the business has provided inadequate or negligent advice, services, or designs, resulting in financial loss or damage.
While not all manufacturers provide professional services, those that do may be exposed to potential professional liability claims, which can be costly to defend and settle. Professional indemnity insurance can provide financial protection against these risks, covering legal costs and any damages awarded as a result of a claim.
Manufacturers should carefully review their operations and consider whether they require professional indemnity insurance to protect against the specific risks they face.
Manufacturers insurance FAQs
Do I need manufacturing insurance?
Manufacturing insurance is designed to incorporate many covers to ensure comprehensive protection for your business. We understand that no two manufacturing businesses are the same, whether your business is located in a large factory or a small business unit, each comes with its complexities and risks. Manufacturers insurance can be tailored to your individual business needs – making your insurance as unique as your business is.
Typically, manufacturing insurance can cover your buildings, machinery, stock and raw materials, as well as your clients, your staff, and many other trading activities.
What covers do manufacturers need?
Typically, manufacturing insurance can cover your buildings and equipment, as well as your clients, your staff, and other trading activities. Covers to consider include:
- Public liability – for injured visitors or damage to their property
- Employers’ liability – to protect your employees
- Product liability – in case your products cause injury or damage
- Buildings cover – to cover for loss or damage to your premises
- Equipment, contents and stock – to reinstate your items and belongings
- Tools, plant & equipment cover – to protect your machinery and specialist equipment
- Specified all risk cover – to protect specific company items
- Business interruption – to keep finances running when disaster strikes
- Goods in transit – to cover for loss or damage to stock when in transit, loading or unloading
- Business legal expenses – to cover the cost of legal expenses or defending your business against legal action
- Statutory equipment inspection cover – for equipment that is subject to mandatory inspection and certification requirements by government agencies
- Cyber liability – for cover against any loss or damage to electronic data as a result of cyber-attacks or other security breaches
How much does manufacturing insurance cost?
The cost of manufacturing insurance can vary depending on several factors, such as:
The size of your business – larger businesses may require more coverage than smaller businesses, which can affect the overall cost of your policy.
The level of coverage you require – the more coverage you require, the higher the premium may be.
Your location – the location of your business can affect the cost of your insurance, as certain areas may have higher risk factors than others.
The specific risks associated with your business operations – if your business involves a higher level of risk, such as working with hazardous materials or heavy equipment, the cost of your insurance may be higher to reflect this increased risk.
Overall, the cost of manufacturing insurance can be highly variable, and it is important to work with an experienced insurance broker such as Premierline to ensure that you have the cover you need at a price that fits your budget.
Why choose Premierline to arrange manufacturing insurance?
At Premierline we’re committed to helping you find the best insurance for your manufacturing business, so you can enjoy peace of mind and focus on running your business.
Our team of insurance experts have extensive knowledge of the insurance market and can help you navigate the complexities of business insurance to ensure that you have the coverage you need. As an insurance broker, Premierline has access to a wide range of insurance products and providers, giving you greater choice and flexibility when it comes to choosing the right insurance policy for your business. Simply arrange a call back to speak to an insurance advisor today.
What type of manufacturers does Premierline work with?
At Premierline, we can arrange business insurance for many different types of businesses in the manufacturing industry. Here are just some examples of businesses we can work with:
Food and beverage manufacturing, funiture manufacturing, electronics and technology manufacturing, packaging manufacturing and plastics manufacturing.
Each type of manufacturer has its own unique risks, which require specialised insurance coverage tailored to their specific needs. Whether you’re manufacturing curtains or cabinets, bearings or boxes in a small workshop or a large factory, we understand the covers you need from your manufacturers insurance to ensure you have the protection you need.
So, whatever your manufacturing insurance requirements we can help. Speak to one of our experienced advisors for expert advice and recommendations today.
Why choose Premierline?
We're business insurance experts
We understand the nature of running your business often leaves little time for much else. That's why we work closely with some of the UK's leading insurers to find cover that's right for you, making arranging insurance for your contracting business simple and hassle-free. We're committed to finding the right insurance solutions for your business to let you work without worry and focus on what really matters – your business.
- Award winning service - We're trusted by thousands of SMEs across the UK
- Comprehensive protection - We can help with all your commercial insurance needs
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Speak to a manufacturing insurance expert
Choosing Premierline as your manufacturing insurance broker can provide you with the peace of mind that comes from knowing that your business is protected by a comprehensive insurance policy that is tailored to meet your specific needs. We’re here to help you navigate the complexities of business insurance. Speak to an expert today.
Start a quote
Complete our short form to start your business insurance quote. We’ll then call you at a time that’s convenient for you to discuss your requirements and provide an insurance quote
Speak to an expert
Our advisors are just a phone call away. On average, we answer calls within 90 seconds. Lines open Monday to Friday 9:00am–5:00pm
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