Brands and Labels Coverage
Manufacturers Consequential Loss Coverage
Light manufacturing businesses are exposed to an array of potential risks, several of which last well beyond when a product is made. In addition to protecting their own inventory and stock, these businesses must also safeguard against the possibility of facing a liability lawsuit that accuses them of making an error. Light manufacturing insurance helps protect light manufacturers in Massachusetts from a variety of potential risks like these.
Light manufacturing insurance policies are a type of commercial insurance that’s uniquely designed to meet the insurance needs of light manufacturing businesses. Most policies are package policies that include several coverages which work together to provide a business with robust protection.
BARRIE KRAMER
Sharon Labay is by far the best insurance expert with a kindness that goes way beyond the business relationship. I have known her since 2000 and our phone conversations always end with me smiling and glad to have talked with her!
MELISSA LANDRY
I can't say enough about Sharon..she is currently working on my auto insurance to make sure I am not over paying. Her professionalism and quick response it great. Her knowledge on the insurance is vast so I feel very confident in my decision. I am so happy I was referred to Sharon.
DEBORA HILLIER
The folks at Feingold Insurance provided us with a competitive quote and it was tailored for our needs. We very much appreciate their prompt service as well. They return phone calls! That is something that everyone can appreciate for sure.
As mentioned, light manufacturers insurance policies typically offer several coverages. Some of the coverages that may be found in a policy are:
Light manufacturers insurance policies are written to meet the needs of light manufacturing businesses. In general, these tend to be manufacturing businesses that have gross annual receipts of up to $10 million and property worth up to $7.5 million in total.
Some examples of Massachusetts businesses that may meet the above criteria and benefit from having a light manufacturers insurance policy include:
Although light manufacturing policies are written specifically for light manufacturing businesses, they don’t normally provide every protection that manufacturers need. In most cases, no insurance policy is able to meet all of the insurance needs that a business has.
A light manufacturing business might also need commercial property insurance, commercial auto insurance, workers compensation insurance and umbrella insurance (as well as other types of insurance).
Because light manufacturing insurance is highly specialized, Massachusetts businesses shouldn’t try to purchase it on their own. Instead, they should work with an independent insurance agent who can help explore the risks that a light manufacturing business is exposed to and explain what coverages will protect against those risks. The expertise of our agents, who’s familiar with this kind of insurance, will help ensure your business finds a policy that will provide proper protection.
The Feingold Companies
Worcester Office
446 Main Street, Suite 1403
Worcester, MA 01608
Phone: (508) 831-9500
Fax: (508) 797-4030
New Lakeside & Dudley Insurance
446 Main Street, Suite 1403, Worcester, MA 01608
Phone: (508) 943-0090