Buy Shoe Manufacturers Insurance

Or call for your free quote:

Get the best small business insurance quotes online & info on cost, coverage, minimum requirements, certificates & more.

Shoe Manufacturers Insurance Policy Information

Shoe Manufacturers Insurance

Shoe Manufacturers Insurance. Across the globe, people put on leather, plastic, or rubber shoes on a daily basis and without much thought. The design and manufacture of footwear is, however, surprisingly complex.

Each component, including soles, insoles, midsoles, heels, and vamps has to be manufactured separately before being assembled into the end product - and very often, a different machine is used to produce each part of a shoe. Leather, plastic, rubber, foam, metal, and fabric are all common materials used in shoe making.

Leather shoe manufacturers receive processed animal hides from tanneries and produce shoes and boots whose uppers include leather. The soles may be made of leather, rubber or man-made materials such as plastics.

The process consists of designing the shoes or boots, cutting or punching the individual pieces, lacing or sewing the parts together, supplying trims or clasps, then attaching the uppers by adhesives to the soles.

The shoes may be treated or given a finishing coat, then packaged for shipment. Although some automation may be possible in the cutting process, sewing of individual items is often a labor-intensive process.

Non-leather shoe manufacturers produce shoes and boots having uppers made of fabric or a man-made material. The soles are made of vulcanized rubber or of plastic.

If made of rubber, raw latex is milled (chopped and mixed), combined with sulfur for vulcanization, and heated before being formed into soles by extrusion or molding. Plastics are heated and extruded or molded into soles.

Because of the varieties of materials and processes involved in production, the different phases of manufacture may be carried out in different locations or different countries.

Companies within this branch of industry can make sports shoes, dress shoes, sandals, and even flip flops. They may cater to luxury or budget markets, and can be successful whether they mass-produce footwear or craft shoes largely by hand.

One factor common to all shoe makers is that they face risks. Some of those may represent nothing more than minor setbacks, but other perils could potentially bankrupt a company.

What kinds of shoe manufacturers insurance might firms in this industry need to protect them against major threats? Read on to learn more.

Shoe 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 shoe manufacturing insurance questions:

How Much Does Shoe Manufacturers Insurance Cost?

The average price of a standard $1,000,000/$2,000,000 General Liability Insurance policy for small shoe manufacturing businesses ranges from $57 to $79 per month based on location, size, revenue, claims history and more.

Why Do Shoe Manufacturers Need Insurance?

Insurance For Manufacturers

Any number of perils could strike your company, often with little to no warning. Property loss or damage and liability claims are the two major threats any business may come face to face with, and shoe manufacturers are no exception.

Unless you are properly insured, both could lead to such massive costs that you may be forced to close your business.

Acts of nature - which include, but are not limited to, earthquakes, wildfires, and severe storms - cannot be prevented. They may seriously damage your manufacturing facility and all the physical assets inside it, while at the same time causing loss of revenue by forcing you to interrupt production.

Human acts like vandalism, including the intentional setting of fires, or theft can have equally devastating consequences. Manufacturing equipment you depend on can break down and require repair or replacement at any time.

Liability claims can arise if an employee of yours were to suffer a work-related injury or accident, or if a third party attending your premises got injured while there.

If byproducts were to cause environmental spills or leaks, a shoe manufacturer may likewise face liability claims, and the same can happen if an employee accidentally damaged someone's property while making a delivery.

Risks can be managed and mitigated, but they can never be fully prevented. For this reason, it is important to have a backup plan in the form of adequate commercial insurance coverage. The right shoe manufacturers insurance may, if something goes wrong, make the difference between continued success and bankruptcy.

What Type Of Insurance Do Shoe Manufacturers Need?

As a shoe manufacturer, your company will need to carry several different types of insurance. The exact types of coverage that will best shield you from financial loss depend on factors that include the materials you use to make shoes (leather, plastic, rubber, and others), the location of your manufacturing facility, and your number of workers.

Although a commercial insurance agent who understand your field is best suited to advise you on your unique needs, some forms of shoe manufacturers insurance are vital to any operation. They include:

  • Commercial Property: This vital type of insurance is designed to protect your company from financial losses in the event that your manufacturing facility is subject to unforeseen circumstances like theft, vandalism, and most acts of nature. Flood coverage is frequently not provided, and may need to be purchased separately.
  • Commercial General Liability: In case a third party becomes injured within your facility, or your company causes property damage to someone else, this general type of liability insurance helps cover the resulting legal fees. Because each policy varies, it is essential to check the extent of the coverage.
  • Product Liability: This kind of shoe manufacturers insurance covers liability claims pertaining to your products, in this case shoes. Should poor wording on the part of your marketing team lead consumers to believe your shoes will function in circumstances they are not designed for, this kind of insurance can cover resulting legal costs. It may also cover instances in which recalls are required.
  • Workers' Compensation: Required for almost any company, this type of insurance has your back if an employee suffers a workplace injury. The medical costs will be reimbursed by this type of insurance, but also any wages they lose to related work absences.

These types of shoe manufacturers insurance coverage are indispensable to any manufacturing operation, but companies that make shoes are advised to partner with a commercial insurance agent to find out whether they also need additional forms of insurance, such as business interruption and commercial auto insurance.

Shoe 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 may be corrosive and/or toxic.

Fumes, spills or leaks may cause serious injury or property damage to neighboring premises. In the event of a fire, the difficulty in extinguishing it could result in smoke damage to neighboring property. Evacuation plans should be on file with the fire department.

Products liability exposure is normally moderate. The shoe may slip and contribute to slip and fall, which may cause sprains, strains, and fractures. The exposure increases if the manufacturer produces shoes based on prescriptions from podiatrists or other types of made-to-order or one-of-a-kind footwear.

Environmental impairment exposure is high due to possible contamination of ground, air and water from raw chemicals in the rubber or plastics, plus the actual processing and the final products. The catalysts may be caustic, and the final product is usually not biodegradable. 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 puncture wounds, 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.

Flammable liquids and chemicals used for vulcanization or finishing 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 ongoing use of machinery.

Workstations should be ergonomically designed. If there is a fire on premises, the fumes in the smoke are very dangerous and can cause severe respiratory distress. Dense smoke makes egress from the premises difficult.

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 exposures consist of an office, production plant, and warehouse for raw materials and finished goods. Ignition sources include electrical wiring, heating systems, and production machinery. Cutting, punching, and buffing operations generate dust which can catch on fire. This hazard increases in the absence of well maintained dust collection systems. Loose fibers and scraps from processing are combustible and will add 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 machinery) can cause a fire without a separate ignition source. Fire hazards are generally high due to the vulcanization chemicals and processes. If the stock catches fire, it can be very difficult to extinguish due to the heavy black smoke which results in a great deal of smoke damage.

Machinery needs proper maintenance to prevent overheating and wear. Fuel sources to run machinery and the heat plant must be adequately controlled. High-valued items may be subject to theft. 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 and records kept in a central location.

Crime exposure comes from employee dishonesty and theft. 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 some shoes and boots, 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.

Commercial Insurance And Business Industry Classification

Description for 3021: Rubber And Plastics Footwear

Division D: Manufacturing | Major Group 30: Rubber And Miscellaneous Plastics Products | Industry Group 302: Rubber And Plastics Footwear

3021 Rubber And Plastics Footwear: Establishments primarily engaged in manufacturing fabric upper footwear having rubber or plastics soles vulcanized, injection molded, or cemented to the uppers, and rubber and plastics protective footwear. Establishments primarily engaged in manufacturing rubber, composition, and fiber heels, soles, soling strips, and related shoe making and repairing materials are classified in Industry 3069; those manufacturing plastics soles and soling strips are classified in Industry 3089; and those manufacturing other footwear of rubber or plastics are classified in Industry Group 314.

  • Arctics, rubber or rubber soled fabric
  • Boots, plastics
  • Boots, rubber or rubber soled fabric
  • Canvas shoes, rubber soled
  • Footholds, rubber
  • Footwear, rubber or rubber soled fabric
  • Gaiters, rubber or rubber soled fabric
  • Galoshes, plastics
  • Galoshes, rubber or rubber soled fabric
  • Overshoes, plastics
  • Overshoes, rubber or rubber soled fabric
  • Pacs, rubber or rubber soled fabric
  • Sandals, rubber
  • Shoes, plastics soles molded to fabric uppers
  • Shoes, rubber or rubber soled fabric uppers
  • Shower sandals or slippers, rubber

Description for 3131: Boot And Shoe Cut Stock And Findings

Division D: Manufacturing | Major Group 31: Leather And Leather Products | Industry Group 313: Boot And Shoe Cut Stock And Findings

3131 Boot And Shoe Cut Stock And Findings: Establishments primarily engaged in manufacturing leather soles, inner soles, and other boot and shoe cut stock and findings. This industry also includes finished wood heels. Establishments primarily engaged in manufacturing heels, soling strips, and soles made of rubber, composition, plastics, and fiber are classified in Major Group 30.

  • Bows, shoe
  • Box toes, leather (shoe cut stock)
  • Buckles, shoe
  • Caps, heel and toe: leather or metal
  • Clasps, shoe
  • Counters (shoe cut stock)
  • Cut stock for boots and shoes
  • Findings, boot and shoe
  • Heel caps, leather or metal
  • Heel lifts leather
  • Heels, boot and shoe: finished wood or leather
  • Inner soles, leather
  • Laces, boot and shoe: leather
  • Leather welting
  • Linings, boot and shoe: leather
  • Ornaments, shoe
  • Pegs, shoe
  • Quarters (shoe cut stock)
  • Rands (shoe cut stock)
  • Shanks, shoe
  • Shoe cut stock
  • Shoe soles: except rubber, composition, plastics, and fiber
  • Soles, boot and shoe: except rubber composition, plastics, and fiber
  • Stays, shoe
  • Taps, shoe regardless of material
  • Tips, shoe regardless of material
  • Toe caps, leather or metal
  • Tongues, boot and shoe: leather
  • Top lifts, boot and shoe
  • Trimmings, shoe leather
  • Uppers (shoe cut stock)
  • Vamps, leather
  • Wood heel blocks, for sale as such
  • Wood heels, finished (shoe findings)

Description for 3142: House Slippers

Division D: Manufacturing | Major Group 31: Leather And Leather Products | Industry Group 314: Footwear, Except Rubber

3142 House Slippers: Establishments primarily engaged in manufacturing house slippers of leather or other materials.

  • House slippers
  • Slipper socks, made from purchased socks

Description for 3143: Men's Footwear, Except Athletic

Division D: Manufacturing | Major Group 31: Leather And Leather Products | Industry Group 314: Footwear, Except Rubber

3143 Men's Footwear, Except Athletic: Establishments primarily engaged in the production of men's footwear designed primarily for dress, street, and work. Establishments primarily engaged in the production of such protective footwear as rubbers, rubber boots, storm shoes, galoshes, and other footwear with rubber soles vulcanized to the uppers are classified in Industry 3021. Establishments primarily engaged in the production of athletic shoes and youths' and boys' shoes are classified in Industry 3149, and those manufacturing orthopedic extension shoes are classified in Industry 3842.

  • Boots, dress and casual: men's
  • Casual shoes, men's except athletic and rubber footwear
  • Dress shoes, men's
  • Footwear, men's except house slippers, athletic, and vulcanized
  • Footwear, men's leather or vinyl with molded or vulcanized soles
  • Orthopedic shoes, men's except extension shoes
  • Shoes, men's except house slippers, athletic, rubber, and extension
  • Work shoes, men's

Description for 3144: Women's Footwear, Except Athletic

Division D: Manufacturing | Major Group 31: Leather And Leather Products | Industry Group 314: Footwear, Except Rubber

3144 Women's Footwear, Except Athletic: Establishments primarily engaged in the production of women's footwear designed primarily for dress, street, and work. Establishments primarily engaged in the production of athletic shoes and misses', children's, infants', and babies' footwear are classified in Industry 3149. Establishments primarily engaged in the production of rubber or plastics footwear are classified in Industry 3021, and those manufacturing orthopedic extension shoes are classified in Industry 3842.

  • Boots: women's canvas and leather except athletic
  • Footwear, women's except house slippers, athletic, and vulcanized
  • Footwear, women's leather or vinyl with molded or vulcanized soles
  • Orthopedic shoes, women's: except extension shoes
  • Shoes, women's except house slippers, athletic, and rubber footwear

Description for 3149: Footwear, Except Rubber, Not Elsewhere Classified

Division D: Manufacturing | Major Group 31: Leather And Leather Products | Industry Group 314: Footwear, Except Rubber

3149 Footwear, Except Rubber, Not Elsewhere Classified: Establishments primarily engaged in the production of shoes, not elsewhere classified, such as misses', youths', boys', children's, and infants' footwear and athletic footwear. Establishments primarily engaged in the production of rubber or plastics footwear are classified in Industry 3021, and those manufacturing orthopedic extension shoes are classified in Industry 3842.

  • Athletic shoes, except rubber
  • Ballet slippers
  • Footwear, children's: house slippers and vulcanized rubber footwear
  • Footwear, children's: leather or vinyl with molded or vulcanized
  • Moccasins
  • Orthopedic shoes, children's: except extension shoes
  • Sandals, children's: except rubber
  • Shoe dyeing for the trade

Shoe Manufacturers Insurance - The Bottom Line

Shoe manufacturers insurance policies can be very different in coverage, premiums and exclusions. To discover if your shoe manufacturing operation has the best fit insurance policies - talk 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.

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.

Small Business Information

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 InsuranceWhat 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 InsuranceWhat 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 InsuranceWhat 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 InsuranceWhat 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 InsuranceWhat 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 PoliciesWhat 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 InsuranceWhat 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 BondWhat 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
Small Business Commercial Insurance

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.

Manufacturing Insurance

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.

Free Business Insurance Quote Click Here