Insurance for Apparel Manufacturers

Manufacturing companies within this industry focus primarily focus on creating various forms of clothing, apparel, and accessories. This includes clothing for men, women, children and infants, handbags and footwear. Establishments in this industry will take raw materials, such as hides, furs, and textiles, and turn them into products for later sale.

As an owner of an apparel manufacturing business, you can expect many risks. Risks like property destruction by fire or natural disaster or losing inventory to a thief. Employees could sue for negligence or customers could claim that you are liable for an injury caused by the use of your product.

These are just some of many possible risks your business may see and the right insurance coverage will help you get back on your feet and continue on with your business if these events occur.

Apparel Manufacturers face a lot of risks. The textile machinery that you use to produce apparel is prone to catching fire. This could risk destroying your entire supply of raw materials or worse, destroying your property. Some others may be:

• Your employees could get sick or injured during the manufacturing process.
• While transporting the finished product, one of your trucks is in an accident, leaving only 10% available for resale.

These are just some of the many risks Apparel Manufacturers face.

The price of insurance depends on the type of textile manufacturing business you own and the number of policies you need to carry. There is no concrete amount as your insurance has unique needs. Call our customer service representatives to get a quote for your insurance.