Insurance for Textile Manufacturers

Textile producers work with machinery and materials while navigating through various processes in their operations. It's crucial for them to have insurance like textile manufacturing insurance to safeguard against a range of potential risks. Whether its dealing with equipment malfunctions or staff injuries running a textile business presents hurdles that need to be overcome. Insurance plays a role, in mitigating the impact of unexpected events that could lead to substantial financial setbacks.

Custom Insurance for Textile Manufacturers

USA Insurance has 17+ years of experience and access to 240+ carriers to provide the best rates for textile manufacturers insurance. Request a quote and buy a policy online in under 15 minutes. 

General Liability For Textile Industry

Textile manufacturers usually have liability insurance that protects them from third party bodily injury and property damage claims as well as legal defense costs associated with such incidents. For instance; if a visitor at your facility slips, on a floor and gets hurt, the insurance would help cover their medical expenses and any legal fees that come up.

Claim Example: A customer files a lawsuit for tripping over a piece of fabric, in your storage facility and the insurance takes care of the legal fees and settlement amounts. 

Business Owners Policy (known as BOP) For Textile Manufacturing

As a business owner’s policy (BOP), it merges broad liability and property protection to offer comprehensive coverage, for textile producers by safeguarding against harm to structures and machinery and dealing with product related liabilities.

Claim Example: An instance where a fire occurs in your factory causing harm, to equipment and materials can be covered by your business owners policy for handling repair expenses and replacing the affected goods.

Commercial Auto Insurance For Textile Business

Auto insurance for businesses safeguards vehicles used in activities like transporting raw materials and finished products, for textile manufacturing companies.

Claim Example: An incident occurs where one of your delivery trucks is in a collision while transporting fabrics and the commercial vehicle insurance will handle the repair expenses, as well as any damages, to third parties.

Workers Compensation

Employees who get injured while working at a textile factory can rely on workers’ compensation to help with bills and lost income, since the factory environment can be risky due, to the machinery and materials used there.

Claim Example: An employee hurts their hand while using a sewing machine and workers’ compensation covers the cost of their care and time away, from work.