Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
Equipment Breakdown insurance will cover the loss due to the mechanical or electrical breakdown of the equipment you use for business purposes. The insurance will repair or replace equipment that has experienced a breakdown and any other property damaged by the equipment.
Business Interruption insurance will cover the loss of income your furniture manufacturing business suffers after a disaster. The insurance is designed to protect your business from the loss of business income as a direct result of the covered disaster. The insurance will replace the actual loss of income, your operating expenses, employee salaries, and other related expenses.
Professional Liability (E&O) insurance is a special type of coverage that protects professionals against the claims of failed professional service they have provided to the client. If the client suffered financial harm due to mistakes done by your professionals, or because you failed to perform the contracted work, a lawsuit could be at stake causing the need for this coverage.
General Liability insurance protects you, your employees and your business from claims of third-party personal injury, bodily injury, property damage, advertising mistakes, and other related risks. This insurance policy will protect your business from litigation costs and judgments awarded by courts.
Establishments in this industry specialize in the production and manufacturing of most types of furniture, including companies that specialize in wood and metal furniture construction, furniture for institutions (churches, schools, etc.), upholstered furniture and kitchen fixtures such as countertops and cabinets.
Looking to start a manufacturing business? It is very important that you cover your business from the potential lawsuits that your furniture manufacturing business can face. Insurance will cover the risks that your business may face. It makes sure that when it happens, you won’t have any out-of-pocket expenses, thus your business and personal assets are protected.
Furniture Manufacturers can face a lot of risks, below are some of those:
The cost of your insurance policy will depend on many criteria. Most of the time, insurance carriers will ask for the size of your business, the number of employees, the coverage needed and many other factors. To find out the cost of your insurance policy, simply apply online to get a free quote or contact our customer service representatives.
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
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