Brick Manufacturers Insurance Policy Information
Brick Manufacturers Insurance. Bricks have played an integral role in the construction of buildings for many thousands of years. While the first bricks were homemade using dried mud, clay and straw bricks soon joined the arsenal of construction materials, and the first fired bricks were made over 5000 years ago.
Brick manufacturers produce building materials made primarily of clay. The process involves mixing the clay with water, pigments and other materials to achieve the desired color, texture, and strength. This mixture may then be poured into molds, extruded, or pressed through a die and cut to size before passing into a kiln for firing.
The brick may be glazed before the firing, or glazed afterwards and refired. Some brick manufacturers operate quarries for their raw materials.
Today's bricks are manufactured very similarly, though the process has evolved with time and bricks have grown stronger and more durable.
Surface clay, shale, and fire clay can be used to make bricks. Water is added to these raw materials, and shaped into a mold. This is still done by hand sometimes, but most manufacturers now use machines. After a kiln is loaded up with a batch of bricks, bricks are fired for up to 40 hours.
After this high-heat process, the bricks need to be cooled, inspected, sorted, and packaged. This process, overseen by human workers, is now largely robot-guided.
The manufacture of bricks is a precise science, but even using modern computer-guided methods, a lot can go wrong during the manufacturing process. Just as many hazards face brick manufacturers beyond the production line, however, and without the right insurance coverage, companies that make bricks can easily encounter unforeseen circumstances that land them in serious financial peril.
What type of brick manufacturers insurance is needed, and why? For more information, read on.
Brick manufacturers insurance protects your manufacturing business from lawsuits with rates as low as $57/mo. Get a fast quote and your certificate of insurance now.
Below are some answers to commonly asked brick manufacturing insurance questions:
- How Much Does Brick Manufacturers Insurance Cost?
- Why Do Brick Manufacturers Need Insurance?
- What Type Of Insurance Do Brick Manufacturers Need?
How Much Does Brick Manufacturers Insurance Cost?
The average price of a standard $1,000,000/$2,000,000 General Liability Insurance policy for small brick manufacturing businesses ranges from $57 to $79 per month based on location, size, revenue, claims history and more.
Why Do Brick Manufacturers Need Insurance?
Brick manufacturers need insurance, just like any other other manufacturing company, because even the most well-run business faces a set of serious threats that could cause severe financial set-backs.
Good brick manufacturers insurance coverage offers a safety net against risks that could otherwise render your company bankrupt. Some of those risks will be common to all companies, while some are specific to the manufacturing of bricks.
Acts of nature - natural disasters - come in so many different forms that they can strike your facility no matter where it is based.
Theft and acts of vandalism, which can interrupt your production line by damaging or destroying your valuable equipment, threaten any company. Brick manufacturers will further risk the breakdown of essential equipment, workplace injuries among their employees, and the possibility that a third party is injured within their facility or as a result of their activities.
Should disaster strike a building constructed partially using your bricks, there is even the risk that someone will attempt to hold you responsible and file a lawsuit.
Any of these perils can have devastating consequences - but with the right insurance coverage, brick manufacturers can avoid these financial blows.
What Type Of Insurance Do Brick Manufacturers Need?
Navigating the many different types of brick manufacturers insurance now on the market to protect your business can be intimidating as well as difficult. Every company, including your brick manufacturing business, has specific needs that are determined based on the size of your company, the location of your facilities, the kind of equipment you use, and the number of workers you employ, among other factors.
A commercial insurance agent is an invaluable guide in your process of becoming properly insured. In spite of the fact that your insurance needs will vary, brick manufacturers will certainly require:
- Commercial Property: This type of brick manufacturers insurance exists to protect both the physical building in which your company operates and the assets inside from financial losses caused by damage or destruction due to theft, vandalism, and acts of nature. It can cover outdoor assets on your property, as well. Different sub-categories are available to meet your company's needs, and as you almost certainly work with extremely valuable equipment, brick manufacturers will want to investigate product breakdown insurance as well.
- General Liability: This type of insurance protects in case of third party bodily injury and property damage that occur on your premises or as a result of your company's activities on third party property. It can cover expenses such as attorney fees, medical expenses, and settlement costs.
- Product Liability: Should your bricks need to be recalled, or a poor marketing decision or even misuse on the part of a buyer result in bodily injury or property damage, product liability insurance will have you covered.
- Workers' Compensation: Brick manufacturers work with both kilns and other heavy-duty equipment, as well as potentially hazardous vehicles such as fork-lift tricks. Should a worker sustain injuries in the workplace, whether directly during manufacture or even in a fall, workers comp insurance is invaluable. It will cover medical expenses as well as lost wages, and prevent lawsuits.
Because your insurance needs may not be completely met by these four different kinds, brick manufacturing firms should always speak with a commercial insurance broker to assess the kinds of brick manufacturers insurance, as well as exact plans, they should choose for optimal protection.
Brick Manufacturing's Risks & Exposures
Premises liability exposure is normally low due to limited access by visitors. If tours are given or if outsiders are allowed on premises, visitors may be injured by slips, trips, or falls. Hazards increase if the yard is not fenced, as piles of bricks present an attractive nuisance hazard to trespassers, particularly children. Fumes, dust, and noise from processing could pose a nuisance hazard to neighbors.
Products liability exposure can be high due to the use of bricks in residential and commercial structures. A product failure can result in collapse and costly losses. There should be good quality control procedures in place during processing and of finished goods, with checks conducted to detect cracks, blemishes or other defects. A particular product failure concern is refractory brick which is manufactured to sustain extremely high temperatures.
Environmental impairment exposure is moderate to high due to the potential for air, land and water pollution from dust and fuel storage tanks. Most brick manufacturers will have fuel tanks on premises and may require a UST policy. Vapors, fumes and air pollutants, wastewater and by-products disposal must be evaluated and controlled. Disposal procedures must adhere to all EPA and other regulatory standards.
Workers compensation exposure is serious even if there is no quarry. Injuries from production machinery are common, as are minor cuts, burns, slips, trips, falls, foreign objects in the eye, back injuries from lifting, hearing loss from machinery noise, and repetitive motion losses. Workstations should be ergonomically designed. Employees should be provided with safety training and protective equipment.
Areas that generate dust require respiratory protection devices, as well as eye protection and eye wash stations. Maintenance and fueling of machinery and kilns may require workers to enter confined spaces. Exposure to dust may cause skin and eye and respiratory irritations.
If refractory or firebricks are manufactured, there is potential exposure to silica, which can lead to occupational diseases such as Silicosis or Shaver's Lung.
Manufacturers generally have private passenger fleets used by sales representatives. There should be written procedures regarding the private use of these vehicles by others. Drivers should have an appropriate license and an acceptable MVR. All vehicles must be well maintained with documentation kept in a central location.
Property exposure consists of an office, production plant, and warehouse for raw materials and finished goods. Ignition sources include electrical wiring, heating systems, production machinery, kilns, and the storage of large amounts of fuel to run them.
The kilns burn continuously and must be monitored to prevent overheating. Wear and tear and overheating of machinery are potential fire hazards. Electrical equipment must be maintained in good repair and adequate for the heavy-duty requirements. In the absence of well maintained dust collection systems, cutting and buffing operations can generate dust which can catch on fire.
Operating the kilns without adequate ventilation systems can build up flammable vapors and heat that can result in fire or explosion. Fuels stored on premises should be separated from processing areas.
Equipment breakdown exposures include malfunctioning production equipment for both the kiln and the hydraulic press used to compact the clay, dust collection and ventilation systems, electrical control panels and other apparatus. These should be properly maintained. A lengthy breakdown to production machinery could result in severe loss, both direct and under time element.
Crime exposure comes from employee dishonesty. Employees may act alone or in collusion with outsiders in stealing money, raw materials or finished stock. Background checks should be conducted on all employees. There must be a separation of duties between persons handling deposits and disbursements and handling bank statements.
Inland marine exposures include accounts receivable if the manufacturer offers credit, computers (which may include computer-run production equipment), goods in transit, and valuable papers and records for customers' and suppliers' information.
Backup copies of all records should be made and stored off premises. Goods in transit may be damaged by fire, wind, hail, theft, collision, and overturn. There will be a contractors' equipment exposure if there is a quarry.
Commercial auto exposure can be high if the manufacturer has a quarry, picks up raw materials or delivers finished goods to customers. The delivery of goods requires careful loading and tie-down to prevent bricks from coming loose and toppling over during transport.
Delivery to jobsites may involve travel on uneven terrain and temporary roads, increasing the risks of upset and overturn.
Commercial Insurance And Business Industry Classification
- SIC CODE: 3251 Brick And Structural Clay Tile, 3271 Concrete Block And Brick
- NAICS CODE: 327120 Clay Building Material and Refractories Manufacturing, 327331 Concrete Block and Brick Manufacturing
- Suggested ISO General Liability Code(s): 51600
- Suggested Workers Compensation Code(s): 4021, 4024
Description for 3251: Brick And Structural Clay Tile
Division D: Manufacturing | Major Group 32: Stone, Clay, Glass, And Concrete Products | Industry Group 325: Structural Clay Products
3251 Brick And Structural Clay Tile: Establishments primarily engaged in manufacturing brick and structural clay tile. Establishments primarily engaged in manufacturing clay firebrick are classified in Industry 3255; those manufacturing nonclay firebrick are classified in Industry 3297; those manufacturing sand lime brick are classified in Industry 3299; and those manufacturing glass brick are classified in Industry 3229.
- Book tile, clay
- Brick: common, face, glazed, vitrified, and hollow-clay
- Building tile, clay
- Ceramic glazed brick, clay
- Chimney blocks, radial-clay
- Corncrib tile
- Facing tile, clay
- Fireproofing tile, clay
- Floor arch tile, clay
- Flooring brick, clay
- Furring tile, clay
- Partition tile clay
- Paving brick clay
- Silo tile
- Slumped brick
- Structural tile, clay
Description for 3271: Concrete Block And Brick
Division D: Manufacturing | Major Group 32: Stone, Clay, Glass, And Concrete Products | Industry Group 327: Concrete, Gypsum, And Plaster Products
3271 Concrete Block And Brick: Establishments primarily engaged in manufacturing concrete building block and brick from a combination of cement and aggregate. Contractors engaged in concrete construction work are classified in Division C, Construction, and establishments primarily engaged in mixing and delivering ready-mixed concrete are classified in Industry 3273.
- Architecture block concrete: e.g. fluted, screen, split, slump,
- Blocks, concrete and cinder
- Brick, concrete
- Paving block, concrete
- Plinth blocks, precast terrazzo
Brick Manufacturers Insurance - The Bottom Line
Brick manufacturers insurance policies vary widely in coverages, costs and exclusions. To find out if your brick manufacturing operation has the best fit insurance policies - talk to an experienced commercial insurance agent.
Often they are able to save you on premiums and offer you better policy options than you currently have.
Types Of Small Business Insurance - Requirements & Regulations
Perhaps you have the next great idea for a product or service that you know will appeal to your local area. If you've got a business, you've got risks. Unexpected events and lawsuits can wipe out a business quickly, wasting all the time and money you've invested.
Operating a business is challenging enough without having to worry about suffering a significant financial loss due to unforeseen and unplanned circumstances. Small business insurance can protect your company from some of the more common losses experienced by business owners, such as property damage, business interruption, theft, liability, and employee injury.
Purchasing the appropriate commercial insurance coverage can make the difference between going out of business after a loss or recovering with minimal business interruption and financial impairment to your company's operations.
Insurance is so important to proper business function that both federal governments and state governments require companies to carry certain types. Thus, being properly insured also helps you protect your company by protecting it from government fines and penalties.
Small Business Insurance Information
In the business world, there are many risks faced by company's every day. The best way that business owners can protect themselves from these perils is by carrying the right insurance coverage.
The The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight.
Commercial insurance is particularly important for small business owners, as they stand to lose a lot more. Should a situation arise - a lawsuit, property damage, theft, etc. - small business owners could end up facing serious financial turmoil.
According to the SBA, having the right insurance plan in place can help you avoid major pitfalls. Your business insurance should offer coverage for all of your assets. It should also include liability and casual coverage.
Types Of Small Business Insurance
Choosing the right type of coverage is absolutely vital. You've got plenty of options. Some you'll need. Some you won't. You should know what's available. Once you look over your options you'll need to conduct a thorough risk assessment. As you evaluate each type of insurance, ask yourself:
- What type of business am I running?
- What are common risks associated with this industry?
- Does this type of insurance cover a situation that could feasibly arise during the normal course of doing business?
- Does my state require me to carry this type of insurance?
- Does my lender or do any of my investors require me to carry this type of policy?
A licensed insurance agent or broker in your state can help you determine what kinds of coverages are prudent for your business types. If you find one licensed to sell multiple policies from multiple companies (independent agents) that person can often help you get the best insurance rates, too. Following is some information on some of the most common small business insurance policies:
|Business Insurance Policy Type||What Is Covered?|
|General Liability Insurance||What is covered under commercial general liability insurance? It steps in to pay claims when you lose a lawsuit with an injured customer, employee, or vendor. The injury could be physical, or it could be a financial loss based on advertising practices.|
|Workers Compensation Insurance||What is covered under workers compensation insurance? This type of insurance protects a business and its owner(s) from claims by employees who suffer a work-related injury, illness or disease. Workers comp typically provides the injured employee with benefits to cover medical expenses, a portion of his/her lost wages, rehabilitation costs if applicable, and permanent partial or permanent total disability.|
|Product Liability Insurance||What is covered under product liability insurance? I pays an injured party's settlement or lawsuit claim arising from a defective product. These are usually caused by design defects, manufacturing defects, or a failure to provide adequate warning or instructions as to how to safely use the product.|
|Commercial Property Insurance||What is covered under business property insurance? General liability policies don't cover damages to your business property. That's what commercial property insurance is for. It protects all of the physical parts of your business: your building, your inventory, and your equipment, giving you the funds you need to replace them in the event of a disaster. If you work from home, you might consider a Home Based Business Insurance policy instead.|
|Business Owners Policy (BOP)||What is covered under a business owners policy (BOP)? This is a policy designed for small, low-risk businesses. It simplifies the basic insurance purchase process by combining general liability policies with business income and commercial property insurance.|
|Commercial Auto Insurance||What is covered under business auto insurance? This type of insurance covers automobiles being used for business purposes. This could include a fleet of business-only vehicles or a single company car. In some cases it might cover your car or your employee's car while they're being used for business. These policies have much higher limits, ensuring you can cover your costs if one of these vehicles gets into an accident.|
|Commercial Umbrella Policies||What is covered under commercial umbrella insurance? This type of policy is a sort of "gap" insurance. It covers your liability in the event that a court verdict or settlement exceeds your general liability policy limits.|
|Liquor Liability Insurance||What is covered under liquor liability insurance? It covers bodily injury or property damage caused by an intoxicated person who was served liquor by the policy holder.|
|Professional Liability (Errors & Omissions)||What is covered under professional liability insurance? This type of business insurance is also known as malpractice oe E&O. It covers the damages that can arise from major mistakes, especially in high-stakes professions where mistakes can be devastating.|
|Surety Bond||What is covered under surety bonds? Bonding is a contract where one party, the SURETY (who assures the obligee that the principal can perform the task), guarantees the performance of certain obligations of a second party, the PRINCIPAL (the contractor or business who will perform the contractual obligation), to a third party, the OBLIGEE (the project owner who is the recipient of an obligation).|
Who Needs General Liability Insurance? - Virtually every business. A single lawsuit or settlement could bankrupt your business five times over. You might also need this policy to win business. Many companies and government agencies won't do business with your company until you can produce proof that you've obtained one of these policies.
Business Insurance Required by Law
If you have any employees most states will require you to carry worker's compensation and unemployment insurance. Some states require you to insure yourself even if you are the only employee working in the business.
Your insurance agent can help you check applicable state laws so you can bring your business into compliance.
Other Types Of Small Business Insurance
There are dozens of other, more specialized forms of small business insurance capable of covering specific problems and risks. These forms of insurance include:
- Business Interruption Insurance
- Commercial Flood Insurance
- Contractor's Insurance
- Cyber Liability
- Data Breach
- Directors and Officers
- Employment Practices Liability
- Environmental or Pollution Liability
- Management Liability
- Sexual Misconduct Liability
Whether you need any or all of these policies will depend on the results of your risk assessment. For example, you probably don't need an environmental or pollution policy if you're running an IT company out of a leased office, but you would need data breach and cyber liability policies to fully protect your business.
Also learn about small business insurance requirements for general liability, business property, commercial auto & workers compensation including small business commercial insurance costs. Call us (855) 767-7828.
Additional Resources For Manufacturing Insurance
Learn all about manufacturing insurance. Manufacturers face many unique risks such as product libility and/or product recall exposures due to the nature of their business operations.
- 3D Printing
- Audio & Video Equipment
- Auto Parts
- Bottling Plants
- Brooms & Brushes
- Camping Equipment
- Canned Fruit & Vegetables
- Canvas Products
- CBD Oil And Hemp
- Clock & Watch
- Commercial Air Conditioning
- Commercial Electronics
- Communications Equipment
- Construction Equipment
- Cork Products
- Dairies & Creameries
- Down And Feather Products
- Dry Ice
- Dyes & Pigments
- Electronic Toys & Games
- Exercise Equipment
- Farm Equipment
- Feed & Grain
- Flavoring Extracts
- Frozen Foods
- Fruit Juice
- Fur Garment
- Garage Door
- Gypsum Products
- Ice Cream
- Iron & Steel Foundries
- Lawn Mowers
- Leather Apparel
- Lighting & Wiring
- Lumber & Wood Products
- Machine Shop
- Major Electrical Appliances
- Marijuana Products
- Mattresses & Box Springs
- Metal & Plastic Furniture
- Metal Heat Treating
- Metal Toys
- Musical Instruments
- Nonferrous Foundries
- Ornamental Metalwork
- Paper & Allied Products
- Pet Food
- Plastic & Rubber Toys
- Plastic Goods
- Plastics Molding, Forming & Extruding
- Product Liability
- Psychedelic Drugs
- Pulp & Paper Mills
- Residential Air Conditioning & Heating
- Rubber Goods
- Sawmills & Planing Mills
- Screw Machine Products
- Sheet Metal
- Soap & Detergent
- Small Electrical Appliances
- Sporting Goods
- Stone Products
- Textiles Finishing & Coating
- Tool & Die Shops
- Vending Machines
- Vegetable Juice
- Wire Rope
- Wood Furniture
- Writing Instruments
For manufacturers, having the proper coverage is very important. You will need Products/Completed Operations Liability Coverage to protect you against injuries or property damage cause my the products you make or sell.
Manufacturing is an extremely broad category that includes countless potential hazards and exposures in virtually all coverage areas. Because of this, every individual manufacturer is unique and a specific risk survey of every operation is advisable.
The basic insurance needs for every class of business or operation includes property coverage for buildings, machinery and equipment, as well as for raw stock and finished products.
Liability insurance for premises exposures is important but products liability insurance presents greater concerns so these exposures and coverage needs must be evaluated carefully.
In addition, protection for injuries to workers, environmental coverages and automobile insurance are priority items.
What does the insured does that could result in a covered loss? The insuring agreement only requires that the insured be legally obligated to pay damages for injury to others or damage to their property included within the products-completed operations hazard covered by the insurance.
Because of this, every product manufactured and completed operation exposure for each named insured must be determined, described and evaluated to be certain that each represents acceptable exposures, or are acceptable classes of business to the insurance company providing coverage.
Once the extent of all business activities and operations is determined, the process of identifying hazards begins. The first step in the process is completely listing and describing all current products being manufactured and projects being worked on.
The next step is obtaining the same information for discontinued products and completed projects for the past five to 10 years, depending on the products or projects involved. This should include an explanation of why the products were discontinued. If some completed projects were of a different type than those currently being worked on, an explanation is in order, including whether the insured may resume them in the future.
Minimum recommended small business insurance coverage: Building, Business Personal Property, Business Income with Extra Expense, Equipment Breakdown, Employee Dishonesty, Accounts Receivable, Computers, Goods in Transit, Valuable Papers and Records, General Liability, Employee Benefits Liability, Environmental Impairment Liability, Umbrella Liability, Hired and Non-owned Auto Liability & Workers Compensation.
Other commercial insurance policies to consider: Earthquake, Flood, Cyber Liability, Employment-related Practices Liability, Business Auto Liability and Physical Damage and Stop Gap Liability.