Business Insurance for
Furniture Manufacturer Insurance
In the furniture manufacturing industry, the 50 biggest companies are responsible for a little under half of the revenue. About half of the companies make household furniture, while one third of companies in this field make office furnishings. But what all companies in this industry have in common – whether they’re large or small and whether they make office or household furnishings – is that they need a good furniture manufacturer insurance policy. Once you see what this type of business insurance covers, you will see why it is necessary to have.
General Liability for Furniture Manufacturers
Every business insurance policy needs general liability because it’s the coverage that will pay for any necessary medical treatment when someone gets hurt on the premises. So whether a customer trips and falls over a coffee table or simply slips on a wet floor, your liability coverage will take care of the hospital or doctor bills. The same goes when customers injure themselves on your furniture after they buy it and bring it home. This portion of your furniture manufacturer insurance will even apply to any lawsuits brought against you when a competitor accuses you of libel, slander, or copyright infringement.