Food Manufacturing Insurance

Running a food manufacturing business, you understand the unique risks and challenges your business faces.

Let our experienced insurance agents take a look at your business, identify your risks, and find you the best policy.

Below, we’ve provided some resources, like types of coverage and costs, that will help guide you into making the right decision for your food manufacturing business.

What Is Food Manufacturing Insurance?

Food manufacturing insurance is insurance that protects your food business from the cost of third party injury and property damage claims that are related to your daily business operations.

These food manufacturing risks are usually related to:

• Employee injuries
• Machinery and equipment damage
• Theft incidents
• Interruptions in supply chains

Who Needs This?

Here are a few examples of food businesses that need this type of insurance:

• Meat Processing Plants
• Commercial Bakeries
• Dairy Product Manufacturers
• Canned Food Manufacturers
• Beverage Producers

Risks In The Food Manufacturing Industry

You probably already know that within the food manufacturing industry, there are unique and specialized risks.

Some of these risks include challenges in processing food, managing perishable goods inventory, and transporting products efficiently.

To uphold both safety standards and quality assurance in the production of food items, it is essential to take these risks seriously and make sure you’re covered with the right insurance.

Types of Food Manufacturer Insurance

Here are the most relevant policies for food manufacturers.

General Liability Insurance

General liability Insurance is the most important protection for food manufacturers, shielding you from claims of injury by third parties, property damage, and related legal expenses.

The coverage provided by this insurance also includes liabilities associated with product operations and personal and advertising injuries.

Commercial Property Insurance

Imagine discovering a fire outbreak within your food processing establishment, encompassing commercial bakeries. Commercial property insurance provides protection against unexpected harm or losses affecting the buildings, equipment, and tangible assets associated with operations in food manufacturing.

Product Liability Insurance

Should a consumer become sick or suffer an allergic reaction as a result of using a product, product liability insurance is designed to shoulder the financial burden associated with claims stemming from such incidents, including foodborne illnesses and allergies.

Product liability insurance provides coverage for various costs incurred due to damage caused by products. This encompasses legal expenses, medical bills resulting from consumption or use of the product, and any settlements that may arise.

Additional Coverage Options

Every business in the food manufacturing sector has distinct insurance requirements. Tailoring your policy by incorporating extra coverage options such as:

• Product Recall Insurance
• Business Interruption Insurance
• Commercial Auto Insurance
• Workers’ Compensation Insurance
• Cyber Insurance
• Inland Marine

Food Manufacturing Insurance Costs

Premiums for your food manufacturing are determined by a range of factors, including the scale of your operation, its earnings, geographical positioning, and the chosen additional coverage options.

For smaller enterprises, insurance premiums might begin at an affordable rate of $25.92 monthly or annually at $299. Larger-scale businesses may incur greater costs for their coverage.

Get A Quote Today

We encourage you to contact our specialists if you want policy advice or an exact cost for food manufacturers’ insurance.

We understand the risks associated with owning a food business. Our agents can reduce policy prices through additional discounts of 10% to 15% from the instant quotes you receive, so please take the time to call us to review your quotes.

We provide the finest comprehensive plans for your business by providing:

• Knowledgeable, licensed insurance agents
• Same-day coverage in most instances
• Coverage from A-rated insurance companies
• Ability to offer policies nationwide
• The lowest price for the best Insurance coverage in the industry