Reliable Industrial Insurance Coverage for Québec Manufacturers

Industrial Insurance

Mitigate Risks with a Comprehensive Policy

Manufacturing is a complex industry that comes with many risks and challenges. Having a reliable industrial insurance policy allows you to mitigate sudden incidents while keeping your day-to-day operations flowing smoothly. 

Protect your assets, manage your reputation.

How Does Industrial Insurance Protect Your Business?

In the manufacturing sector, product liability may be one of your top concerns as a business owner. Industrial insurance provides you with product liability coverage if your products cause harm to a person or property.

Errors and omissions coverage covers you when your business is found to be negligent or fails to deliver a product or service.

Why Do You Need Industrial Business Insurance in Québec?

Manufacture business insurance helps you minimize costs when your equipment breaks down and when you need to pause production due to an insured loss. A secure policy allows you to mitigate risks with minimal losses to get your business back on track.

Liability is also an important area where your business requires coverage. For example, human error or production line problems can cause product issues that could result in liability claims. Liability claims may also arise from business interactions with vendors and clients.

Industrial Insurance Coverage

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Industrial Business Insurance

Coverage Overview for Industrial Business Insurance

  • Property insurance
  • Third-party liability
  • Errors and omissions
  • Product liability
  • Equipment breakdown
  • Business interruption

Additional Insurance for Industrial Businesses

Your manufacturing business insurance policy can also include pollution coverage, which may cover expenses if your business is sued for causing harm or damage by polluting.

Cyber liability insurance can also be helpful if you rely on cloud storage for storing sensitive data, as it provides coverage for cyber-attacks and data breaches. Additional coverage includes equipment breakdown, business interruption, property coverage, and directors’ and officers’ liability coverage.

How to Lower My Industrial Business Insurance Rate

Avoid making small claims

If your business submits frequent claims, your insurance rate will rise as you pose a higher risk as an insuree. So, avoiding smaller claims helps keep your insurance rate at a steady level and avoids your insurer raising your rate.

Increase your deductible amount

A higher deductible lowers your insurance rate. If your manufacturing business has a history of low claims, it may be worth increasing your deductible amount. Always consult one of our broker experts to get advice.

Installing safety systems

Increasing your business’ security system at your business can lead to a lower premium. If you’re unsure, always check in with one of our industrial brokers.

Looking for a First-Class Insurance Broker?

Serving your Business Insurance Needs for 50 Years

Our Brokers Go the Extra Mile

Our brokers go the extra mile to find policy options that suit your business insurance needs.

Insurer Partnerships Get You Competitive Rates

We are fortunate to have 10 insurer partners to help us find competitive rates and policy options for our dedicated customers.

More than 50 Years of Excellent Service

Since 1965, Ciccarello Assurances has provided clients with reliable insurance.

We Are AMF-Certified

As an AMF-certified insurance brokerage, we provide superior service to our customers living in Québec.

FAQ

Typically, perils covered under an industrial insurance policy may include fire, theft, vandalism, storms, employee injuries, and more. It’s prudent to check with one of our brokers on the specifics of your insurance policy in case you need a specific area covered for your business.

Your industrial business insurance policy does NOT cover vehicles that are used for business purposes. These vehicles should be covered by a separate commercial auto insurance policy, or commercial fleet insurance policy, depending on the number of vehicles your business owns.

The cost of industrial business insurance in Québec varies depending on several factors, including the size of your business, the type of products your business makes, and your claims history. Other factors may include the nature of the building your business occupies and your business location.

It is not mandatory to have industrial insurance in Canada. However, business insurance is important for the stability and financial security of your business in the manufacturing sector. Speak to one of our industrial insurance experts in Québec for advice on your individualized needs.

Reliable Service, Competitive Rates

Our team of experts understands the unique risks that manufacturing businesses face, and we’ll work with you to create a policy that fits your budget and provides the coverage you need.

Ciccarello Assurances - Head Office
  • 5993, rue Jean-Talon E. suite 202
    Montréal (Québec) H1S 1M5

  • (514) 253-8960

Ciccarello Assurances - Laval
  • 5305 Notre-Dame Blvd, suite 208
    Laval (Québec) H7W 4T8

  • (514) 253-8960

Ciccarello Assurances - Lasalle