Business Insurance for Manufacturers

An insurance program designed to your specifications

Protecting Your Investment

Precision manufacturing is what your customers expect from you. Your success depends on producing the products your customers need and your commitment to high quality standards. You should expect the same from your insurance agent.

If a fire destroyed your finished goods waiting for shipment, would your insurance reimburse you for their true worth? What would happen to your business if a key employee became a victim of identity theft? Restoring identity takes substantial time and resources. Your business may suffer a huge disruption while an employee works to restore their good name and credit. Advance Insurance can offer insurance products with expanded Identity Recovery coverage built into your business owners policy. It may also cover business owners and full time employees too.

At Advance Insurance we are focused on protecting your business, and our insurance for small businesses is designed with businesses like yours in mind.

Planned for your Needs

Here are a few examples of the protection Advance Insurance's small business insurance products may provide:

• Off-Premises Utility Services
Extends coverage to include loss or damage to your property and stock caused by interruption of off-premises water, communication or power supply services, even when not owned by you. Also available as an option that protects
your business income.

• Product Contamination
Helps pay for expenses you incur as a result of an accidental contamination of your product during the manufacturing process at your facility. Covers its loss of marketability, including product sold but not delivered.

• Product Recall and Replacement
Helps cover you against the unexpected cost of recalling your product from the market due to faulty design, errors in manufacturing or intentional tampering of your products that may cause harm to your customers or the public. Plus, coverage is extended to provide for the costs of replacing the recalled products.

• Transit Property in the Care of Carriers for Hire
Extends your coverage for loss or damage to business personal property to apply to shipments of property by a common carrier.

• Valuable Papers and Records
Helps protect the value of your time, work and research to re-create your customer records or files if they are damaged or destroyed by a covered loss.

• Valuation Changes – Manufactured Goods
Values your manufactured goods at your selling price, less discounts and expenses you would normally have
incurred, in the event of a covered loss.

In addition, you have the option to buy this important coverage:

• Limited Pollution Coverage
Helps provide coverage for specific events involving pollutants that occur as a result of your operation. Pollution damages are not typically covered in a standard business owner’s policy.

Core Coverages

When your business is protected by Advance Insurance, you’ll be covered for a wide range of liability and property risks specific to your business. Here are some examples of the basic coverages provided by Advance Insurance:

• Identity Recovery Coverage
Identity recovery coverage for business owners and in many cases their full-time employees includes services
such as:
– Identity Recovery Help Line
– Identity Recovery Case Managers
– Expense Reimbursement up to $15,000

• Building and Business Personal Property
Your policy may contain coverage to repair or replace your building and any equipment, stock, furniture, or fixtures that you own. There’s a lot of business property coverage included our small business insurance products, such as:
– Building and Contents
Helps cover your buildings and/or business contents if they are destroyed because of a covered loss. You’ll
receive the full cost to replace your property up to a limit you select when you purchase your policy.
– Dependent Property
Helps protect your business from losses caused by a covered loss at a dependent property, such as a major supplier.
– Equipment Breakdown
Helps cover the cost to repair or replace equipment, such as computers, air conditioners, phone systems and steam boilers, from loss or damage caused by mechanical breakdown or artificially generated electrical current.

• Business Liability
Your policy from Advance Insurance may provide your business with coverage for costs arising from claims of injury or damage caused to others by you or your employees. For example:
– Premises and Operations Liability Helps provide coverage for bodily injury and property damage sustained by others at your premises or as a result of your business’s operations.
– Products and Completed Operations Helps cover you against injuries or damages to others caused by the products you sell or by the work you perform for your customers.

Other Important Coverages from Advance Insurance

• Commercial Auto Coverage
Our policy helps protect you against financial loss resulting from accidents involving the vehicles you
use in your business. Advance Insurance offers valuable enhancements, such as excess coverage for hired autos, and the extension of liability coverage to vehicles leased in the name of an employee on your behalf and at your direction.

• Umbrella Coverage
Provides up to $10 million of additional liability protection.

• Workers' Compensation
Our state-of-the-art managed care and Return-to-Work program will help you get your employees back on the job as soon as possible.

That’s Not All
To all of this, we’ve added the convenience of flexible premium payment plans, an electronic funds transfer plan, and 24-hour, toll-free claims reporting.  All business insurance is not the same. At Advance Insurance, we act on emerging insurance needs and provide convenient, cost-effective and quality coverage for your business.