Manufacturing Insurance
Specialist insurance for manufacturers, producers and industrial businesses.
Dickson & Wilson Insurance Brokers
Key Factors That Influence Manufacturing Insurance Costs
Manufacturing businesses face a range of operational risks, from equipment breakdown to product liability. Because every manufacturer operates differently, insurance premiums are calculated based on several business specific factors.
Our role is to help manufacturing companies understand these risks and arrange cover that protects operations while keeping costs manageable.
Some of the main factors that can influence your manufacturing insurance premium include:
Type of products manufactured:
The type of goods your business produces can affect insurance risk. Manufacturers producing complex machinery, chemicals or electrical goods may face higher premiums due to increased liability exposure.
Machinery and production equipment:
The value, age and type of machinery used in your production process can influence insurance costs. Expensive or specialised equipment may require higher levels of protection.
Business size and turnover:
Insurers often assess your annual turnover and production scale. Larger manufacturing operations may carry greater potential exposure in the event of claims or operational disruption.
Workplace safety standards:
Strong health and safety practices within your factory or production facility can reduce the likelihood of accidents and may positively influence insurance premiums.
Previous claims history:
Your company’s insurance claims record is another key factor. Businesses with fewer past claims and strong risk management processes may benefit from more favourable terms.
Dickson & Wilson Insurance Brokers
Types of Manufacturing Insurance Cover Available
Choosing the right insurance cover is essential for protecting manufacturing operations, equipment and supply chains. Common options include:
Public Liability Insurance
Protects your business if a third party is injured or their property is damaged due to your operations.
Employers Liability Insurance
Provides cover if employees are injured or become ill as a result of their work.
Product Liability Insurance
Essential for manufacturers, this protects your business if a product you produce causes injury or property damage.
Property and Buildings Insurance
Cover for factory premises, workshops and storage facilities against risks such as fire, storm or vandalism.
Machinery Breakdown Insurance
Protection against sudden and unexpected breakdown of manufacturing equipment.
Fleet Insurance Extras
Additional Protection for Manufacturing Businesses
Manufacturers often require additional cover options to protect against operational interruptions and specialised risks.
Stock and Materials Cover
Protection for raw materials, work in progress and finished goods stored on site.
Business Interruption Insurance
Helps cover loss of income if production stops due to an insured event such as fire or machinery damage.
Goods in Transit
Cover for products or materials being transported between suppliers, warehouses or customers.
Legal Expenses Cover
Support with legal costs and disputes that may arise during business operations.
Cyber Insurance
Protection against cyber attacks or data breaches affecting modern manufacturing systems.
Experienced Insurance Brokers
Our Promise to Retail Customers
At Dickson & Wilson, we believe we work better together.
With almost a century of collective experience and local experts across multiple branches, we provide practical guidance and clear advice for manufacturing businesses. From arranging cover for equipment and premises to managing ongoing policy needs, our focus is helping you protect your operations and minimise disruption.
If you are looking for manufacturing insurance that offers flexibility, value and expert support, speak to our team today.
Construction Insurance
FAQs
What insurance do manufacturing companies need?
Most manufacturers require public liability, employers liability and product liability insurance. Additional cover such as machinery breakdown or business interruption may also be important depending on operations.
Does manufacturing insurance cover product defects?
Product liability insurance can protect your business if a product you manufacture causes injury or property damage due to a defect.
Is employers liability insurance required for manufacturers?
If your manufacturing business employs staff, employers liability insurance is typically required to protect against employee injury claims.
Does manufacturing insurance cover equipment breakdown?
Machinery breakdown insurance can provide protection if production equipment fails unexpectedly and causes disruption to operations.