Down And Feather Products Manufacturers Insurance Policy Information
Down And Feather Products Manufacturers Insurance. Companies that manufacture down and feather products need insurance because any number of serious risks threaten their financial future - and that includes perils common to any commercial venture as well as risks specific to your own industry.
Acts of nature, which would include earthquakes, wildfires, and floods, could damage your manufacturing facility and the equipment inside, as well as interrupting your supply line. Theft and vandalism are realistic hazards in any field, but animal rights activists may pose an especially high risk to companies that make down and feather products.
Down and feather products are flammable, alongside the sanitizers used to render them safe for human use, and this is another risk manufacturers within this industry should never lose sight of. As in any industry, companies that make down and feather products should be prepared for the possibility that an employee becomes injured in the workplace, in which case the company is often liable.
Should you important down and feathers internationally, transportation challenges that lead to lost revenue pose another risk.
Manufacturers in this industry never know what unforeseen circumstances they will be confronted with, but they can protect themselves against these hazards by investing in the right down and feather products manufacturers insurance.
Down and feather products 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 down and feather products manufacturing insurance questions:
- What Is Down And Feather Products Manufacturers Insurance?
- How Much Does Down And Feather Products Manufacturers Insurance Cost?
- Why Do Down And Feather Products Manufacturers Need Insurance?
- What Type Of Insurance Do Down And Feather Products Manufacturers Need?
- What Does Down And Feather Products Manufacturers Insurance Cover & Pay For?
What Is Down And Feather Products Manufacturers Insurance?
Down and feather products manufacturers insurance is a type of insurance specifically designed for companies that manufacture products made from down and feathers, such as bedding, clothing, and sleeping bags.
This insurance covers a range of potential risks associated with the production, transportation, and sale of these products, including damage to goods in transit, liability claims from customers, and losses due to defects in the manufacturing process. The policy can also provide protection against losses resulting from natural disasters, theft, and fire.
How Much Does Down And Feather Products Manufacturers Insurance Cost?
The average price of a standard $1,000,000/$2,000,000 General Liability Insurance policy for small down and feather products manufacturing businesses ranges from $57 to $79 per month based on location, size, revenue, claims history and more.
Why Do Down And Feather Products Manufacturers Need Insurance?
Companies that manufacture down and feather products need insurance because any number of serious risks threaten their financial future - and that includes perils common to any commercial venture as well as risks specific to your own industry.
Acts of nature, which would include earthquakes, wildfires, and floods, could damage your manufacturing facility and the equipment inside, as well as interrupting your supply line. Theft and vandalism are realistic hazards in any field, but animal rights activists may pose an especially high risk to companies that make down and feather products.
Down and feather products are flammable, alongside the sanitizers used to render them safe for human use, and this is another risk manufacturers within this industry should never lose sight of.
As in any industry, companies that make down and feather products should be prepared for the possibility that an employee becomes injured in the workplace, in which case the company is often liable. Should you important down and feathers internationally, transportation challenges that lead to lost revenue pose another risk.
Manufacturers in this industry never know what unforeseen circumstances they will be confronted with, but they can protect themselves against these hazards by investing in the right down and feather products manufacturers insurance.
What Type Of Insurance Do Down And Feather Products Manufacturers Need?
The precise details of a company's insurance needs are as unique the business itself - they depend, among other factors, on the size of the business, the location of the manufacturing facility, the company's storage solutions, and the source of the raw materials, in this case down and feathers.
The number of workers a company employs influences the kind of insurance a company may need to carry as well. A seasoned agent specializing in commercial insurance is an invaluable partner in helping you meet your insurance needs.
Some of the types of down and feather products manufacturers insurance that companies within this industry cannot do without, however, include:
- Commercial Property: This type of down and feather products manufacturers protects your building, manufacturing equipment, and inventory from circumstances beyond your control. Theft, fire, and vandalism are examples of the events covered by commercial property insurance. It is important to know that it can also help cover financial losses resulting from interruptions in production after disaster strikes.
- General Liability: Third party bodily injury or property damage claims can result after someone who does not work for you becomes injured within your manufacturing facility, or your company's activities cause inadvertent damage to third party property. Commercial general liability insurance covers legal and other expenses relating to such claims.
- Workers' Compensation: Another obligatory form of insurance for all companies but the very smallest, workers comp insurance takes care of your employees' medical bills and lost wages in the event that they become injured while at work.
These types of down and feather products manufacturers insurance are examples of the coverage a down and feather products manufacturer will need to protect their business. You may also require other types.
Product liability insurance can cover you if a product ever needs to be recalled, for instance, while vehicle insurance is another must for any business that uses cars, trucks, or other vehicles. To find out more about your needs, talk to a competent business insurance broker.
Down And Feather Products Manufacturing's Risks & Exposures
Premises liability exposure is normally low due to limited access by visitors. If the manufacturer has a showroom or offers tours, visitors may be injured by slips, trips, or falls. Chemicals used in processing down and feathers may be corrosive and/or toxic. Fumes, spills or leaks may cause serious injury or property damage to neighboring premises.
Products liability exposure is light unless infants' or children's garments, sleepwear, or bedding are manufactured. Flammability tests and other governmental guidelines must be met. Guarantees or warranties on survival wear should be reviewed along with documentation of testing.
Environmental impairment exposure is light unless the manufacturer performs any dyeing or chemical treating. Fumes and improper disposal of scrap can result in air, ground, or water contamination. Disposal procedures must adhere to all EPA and other regulatory standards.
Workers compensation exposure can be moderate to high. Injuries from production machinery are common, as are burns, cuts, slips, trips, falls, foreign objects in the eye, hearing loss from machinery noise, and back injuries from lifting. 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. Working with down or feathers can result in allergic reactions. Flammable liquids and chemicals can cause skin irritation, eye irritation and possible long-term occupational disease.
The high volume required for production schedules may lead workers to remove guards on the machinery, or to postpone maintenance and repair. Repetitive motion injuries can result from the ongoing use of machinery. Workstations should be ergonomically designed.
Safety consciousness and commitment of management, especially in the form of ongoing enforcement and awareness programs, are important considerations. A large amount of the piece work may be done by individuals whose status (employee or independent contractor) must be clear.
Property exposure consists of offices, production plant, and warehouse for raw materials and finished goods. Ignition sources include electrical wiring, heating systems, and production machinery. Chemicals used in cleaning, dyeing, or finishing are often flammable and should be properly labeled, separated, and stored in approved containers.
Working with down and feathers generates dust which can catch on fire or explode. This hazard increases in the absence of well maintained dust collection systems. Scraps of material and foam fillers contribute to the fire load.
Poor housekeeping, such as failure to collect and dispose of scraps on a regular basis, could contribute significantly to a loss. Unless disposed of properly, greasy, oily rags (such as those used to clean the machinery) can cause a fire without a separate ignition source.
Feathers and down do not burn like fabric, but when exposed to flame or heat, they will produce heavy, putrid odors which may inhibit firefighting activities. Some fabrics may be subject to damage by water or trapped moisture.
As down products may be expensive, appropriate security controls must be taken including physical barriers to prevent entrance to the premises after hours and an alarm system that reports directly to a central station or the police department.
Equipment breakdown exposures include malfunctioning production equipment, dust collection and ventilation systems, electrical control panels and other apparatus. These should be properly maintained.
Crime exposure comes from employee dishonesty and theft due to the relatively high street value of down items. 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. There should be security methods in place to prevent theft.
Inland marine exposures include accounts receivable if the manufacturer offers credit, computers (which may include computer-run production equipment), exhibitions, 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, collision, overturn, theft, and water damage. Because of the high market value of down and feather garments, vehicles should be locked, fitted with alarms, and not left unattended once loaded or during transport.
Business auto exposure may be high if the manufacturer transports raw materials or finished products. 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.
What Does Down And Feather Products Manufacturers Insurance Cover & Pay For?
Down and feather products manufacturers, like any other business, can be sued for a variety of reasons. The key to mitigating risk is having comprehensive business insurance coverage in place. Here are several potential causes for lawsuits and how insurance can protect these manufacturers:
1. Product Liability: A customer might sue if they claim to have been harmed by a down or feather product. This could be due to allergic reactions, faulty stitching leading to leakage of feathers causing injury, or any other harm perceived to be caused by the product. Product liability insurance can cover the costs of a legal defense, settlements, and any court-awarded damages. This policy is designed to protect manufacturers against claims of property damage or personal injury caused by products they've sold or produced.
2. Breach of Warranty or Misrepresentation: If a manufacturer makes certain promises about the quality or lifespan of their products, and these products fail to meet those standards, they could be sued for breach of warranty. Similarly, if product specifications or benefits are misrepresented, legal action could ensue. Again, product liability insurance can help cover these types of claims, protecting the manufacturer from potential financial harm.
3. Employee Injuries: Manufacturing work can be hazardous, and employees may get injured on the job. If an employee believes their injury was due to employer negligence, they might file a lawsuit. Workers' compensation insurance is a mandatory type of insurance that provides employees with benefits if they get injured or become ill at the workplace. It also typically includes employer's liability insurance, which can help cover legal costs if an employee sues over a work injury.
4. Intellectual Property Infringement: If a manufacturer is alleged to have infringed on another's patent, copyright, or trademark, they may face a lawsuit. Intellectual property insurance can help cover the costs of defending against such claims, including any settlement or judgment amounts.
5. Environmental Damage: Down and feather manufacturers may be involved in actions that have environmental consequences, such as the disposal of waste feathers and dyes. If these actions lead to environmental harm, the company could be sued. Environmental liability insurance can help cover the costs associated with these lawsuits, including cleanup efforts, legal fees, and potential damages.
In conclusion, it's critical for down and feather product manufacturers to assess their specific risk exposures and ensure they have the right insurance coverage in place. This can mitigate potential financial losses and provide peace of mind in the face of unexpected events.
Commercial Insurance And Business Industry Classification
- SIC CODE: 2369 Girls', Children's, And Infants' Outerwear, Not Elsewhere Classified, 2329 Men's And Boys' Clothing, Not Elsewhere Classified, 2392 House Furnishing, Except Curtains And Draperies
- NAICS CODE: 3 315210 Cut and Sew Apparel Contractors, 314120 Curtain and Linen Mills, 315220 Men's and Boys' Cut and Sew Apparel Manufacturing, 315240 Women's, Girls', and Infants' Cut and Sew Apparel Manufacturing, 315280 Other Cut and Sew Apparel Manufacturing
- Suggested Workers Compensation Code(s): 2501 Umbrella Manufacturing
Description for 2369: Girls', Children's, And Infants' Outerwear, Not Elsewhere Classified
Division D: Manufacturing | Major Group 23: Apparel And Other Finished Products Made From Fabrics And Similar Materials | Industry Group 236: Girls', Children's, And Infants' Outerwear
2369 Girls', Children's, And Infants' Outerwear, Not Elsewhere Classified: Establishments primarily engaged in manufacturing girls', children's, and infants' outerwear, not elsewhere classified, from purchased woven or knit fabrics. Knitting mills primarily engaged in manufacturing outerwear are classified in Industry 2253.
- Bathing suits: girls', children's, and infants'
- Bathrobes: girls', children's, and infants'
- Beachwear: girls', children's, and infants'
- Buntings: infants'
- Coat and legging sets: girls' and children's
- Coats: girls', children's, and infants'
- Culottes: girls' and children's
- Headwear: girls', children's, and infants'
- Housecoats: girls', children's, and infants'
- Jackets: girls', children's, and infants'
- Jeans: girls', children's, and infants'
- Jogging suits: girls', children's, and infants'
- Leggings: girls', children's, and infants'
- Leotards: girls', children's, and infants'
- Lounging robes: girls', children's, and infants'
- Pantsuits: girls', children's, and infants'
- Playsuits: girls', children's, and infants'
- Robes, lounging: girls', children's, and infants'
- Rompers: infants'
- Shorts, outerwear: girls' and children's
- Ski suits: girls' and children's
- Skirts: girls', children's, and infants'
- Slacks: girls' and children's
- Snowsuits: girls' and children's
- Suits and rompers: children's and infants'
- Suits: girls' and children's
- Sunsuits: girls', children's, and infants'
- Sweat suits: girls', children's, and infants'
- Warmup suits: girls', children's, and infants'
Description for 2329: Men's And Boys' Clothing, Not Elsewhere Classified
Division D: Manufacturing | Major Group 23: Apparel And Other Finished Products Made From Fabrics And Similar Materials | Industry Group 232: Men's And Boys' Furnishings, Work Clothing, And Allied Garments
2329 Men's And Boys' Clothing, Not Elsewhere Classified: Establishments primarily engaged in manufacturing men's and boys' clothing, not elsewhere classified, from purchased woven or knit fabrics. Establishments primarily engaged in manufacturing leather and sheep-lined garments are classified in Industry 2386. Knitting mills primarily engaged in manufacturing outerwear are classified in Industry 2253.
- Athletic clothing men's and boys'
- Bathing suits: men's and boys'
- Coats, except tailored or work: men's and boys'
- Coats, oiled fabric and blanket-lined: men's and boys'
- Down-filled clothing: men's and boys'
- Feather-filled clothing: men's and boys'
- Field jackets, military
- Gymnasium clothing men's and boys'
- Hunting coats and vests men's
- Jackets, non-tailored except work men's and boys'
- Jackets, sport, non-tailored men's and boys'
- Knickers, dress (separate): men's and boys'
- Lumber jackets men's and boys'
- Mackinaws: men's and boys'
- Melton jackets men's and boys'
- Pants, athletic and gymnasium men's and boys'
- Pants, men's and boys': sweats athletic, gymnasium, ski, and
- Riding clothes men's and boys'
- Shirt and slack suits, non-tailored men's and boys'
- Shorts, outerwear men's and boys'
- Ski suits: men's and boys'
- Sports clothing, non-tailored men's and boys'
- Suits, men's and boys': warm-up, jogging, snow, and ski
- Sweater jackets men's and boys'
- Sweater vests: men's and boys'
- Sweaters men's and boys'
- Swimsuits men's and boys'
- Swimwear, men's and boys'
- Uniforms, athletic and gymnasium: men's and boys'
- Vests, non-tailored including sweater-men's and boys'
- Windbreakers men's and boys'
Description for 2392: House Furnishing, Except Curtains And Draperies
Division D: Manufacturing | Major Group 23: Apparel And Other Finished Products Made From Fabrics And Similar Materials | Industry Group 239: Miscellaneous Fabricated Textile Products
2392 House Furnishing, Except Curtains And Draperies: Establishments primarily engaged in manufacturing house furnishings, such as blankets, bedspreads, sheets, table cloths, towels, and shower curtains from purchased materials. Establishments primarily engaged in manufacturing curtains and draperies are classified in Industry 2391. Establishments producing house furnishings primarily of fabric woven at the same establishment are classified in Industries 2211, 2221, 2231, or 2299 according to fiber.
- Bags, garment storage: except paper or plastics film Bags, laundry
- Bath mitts (washcloths)
- Bedspreads and bed sets
- Blanket bags, plastic
- Blankets
- Boat cushions
- Bridge sets (cloths and napkins)
- Chair covers, cloth
- Chair pads, except felt
- Comforters or comfortables
- Curtains, shower
- Cushions, except spring and carpet cushions
- Dishcloths, non-woven textile
- Dust cloths
- Dusters, fabric
- Dusting cloths, plain
- Hassocks, textile
- House furnishings, except curtains and draperies
- Ironing board pads
- Linings, carpet: textile, except felt
- Lunch cloths
- Mattress pads
- Mattress protectors, except rubber
- Mops, floor and dust
- Napkins, fabric and non-woven textiles
- Pads and padding, table: except asbestos, felt, rattan, reed, and
- Pillow cases
- Pillows, bed
- Placemats, plastics and textiles
- Polishing cloths, plain
- Quilts
- Scarves: e.g., table, dresser
- Sheets, fabric
- Sheets, hospital: non-woven textile
- Shoe bags
- Slipcovers: made of fabrics, plastics and other material except paper
- Table mats, plastics and textiles
- Table cloths, plastics
- Table cloths
- Towels, fabric and non-woven textiles
- Wardrobe bags
- Washcloths
Down And Feather Products Manufacturers Insurance - The Bottom Line
Not all down and feather products manufacturers insurance policies are the same. You can learn if your business has the best fit insurance policies by talking to an experienced commercial insurance broker.
Often they are able to save you on premiums and offer you better policy options than you currently have.
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
- Adhesives
- Alarms
- Audio & Video Equipment
- Auto Parts
- Bottling Plants
- Boxes
- Bricks
- Brooms & Brushes
- Buttons
- Cabinets
- Camping Equipment
- Canned Fruit & Vegetables
- Cans
- Canvas Products
- Caskets
- CBD Oil And Hemp
- Cement
- Ceramics
- Chemical
- Clock & Watch
- Clothing
- Coffee
- Commercial Air Conditioning
- Commercial Electronics
- Communications Equipment
- Computers
- Condoms
- Construction Equipment
- Cork Products
- Cosmetics
- Cutlery
- Dairies & Creameries
- Down And Feather Products
- Dry Ice
- Dyes & Pigments
- Electronic Toys & Games
- Electroplating
- Elevators
- Engines
- Exercise Equipment
- Farm Equipment
- Feed & Grain
- Fences
- Fertilizer
- Fireworks
- Flavoring Extracts
- Frozen Foods
- Fruit Juice
- Fur Garment
- Garage Door
- Gears
- Glass
- Glasswear
- Gypsum Products
- Hosiery
- Ice Cream
- Industrial Equipment
- Ink
- Insecticides
- Iron & Steel Foundries
- Jewelry
- Lawn Mowers
- Leather Apparel
- Leather Goods
- Lighting & Wiring
- Lumber & Wood Products
- Machine Shop
- Major Electrical Appliances
- Manufacturing
- Marijuana Products
- Mattresses & Box Springs
- Metal & Plastic Furniture
- Metal Heat Treating
- Metal Toys
- Millwork
- Monuments
- Musical Instruments
- Nanotechnology
- Nonferrous Foundries
- Ornamental Metalwork
- Paint
- Paper & Allied Products
- Pesticides
- Pet Food
- Pharmaceuticals
- Plastic & Rubber Toys
- Plastic Goods
- Plastics
- Plastics Molding, Forming & Extruding
- Pottery
- Product Liability
- Prosthetics
- Psychedelic Drugs
- Pulp & Paper Mills
- Refractory
- Residential Air Conditioning & Heating
- Rubber Goods
- Rugs
- Sawmills & Planing Mills
- Screw Machine Products
- Sheet Metal
- Soap & Detergent
- Shoes
- Small Electrical Appliances
- Sporting Goods
- Springs
- Stone Products
- Tanneries
- Textiles
- Textiles Finishing & Coating
- Tires
- Tobacco
- Tool & Die Shops
- Vegetable Juice
- Vending Machines
- Watercraft
- Wire
- Wire Rope
- Wood Furniture
- Woodworking
- Writing Instruments
- Yarn
- Specialty Manufacturing
- Specialty Product Liability
The manufacturing industry is a vital part of the economy and plays a significant role in the production of goods and services. However, it is also an industry that is prone to risks and accidents, which can result in costly damages and lawsuits. Therefore, it is essential for businesses in the manufacturing industry to have insurance to protect them against potential losses.
Business insurance can cover a wide range of risks, including property damage, liability, and worker injuries. For instance, if a fire were to break out in a manufacturing facility and destroy equipment or inventory, commercial insurance could cover the costs of replacing or repairing the damages. Similarly, if a worker were to be injured on the job, business insurance could cover medical expenses and lost wages.
In addition to protecting against physical damages, insurance can also provide financial protection against legal liabilities. If a customer were to sue a manufacturing business for a faulty product, the commercial insurance could cover the costs of legal fees and settlements.
Overall, insurance is essential for the manufacturing industry as it helps to mitigate risks and protect against unexpected costs. Without it, businesses in the industry could face financial ruin in the event of an accident or lawsuit.
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.
