Machine shops are manufacturing hubs within Wisconsin communities. Whether you produce custom goods for your customers or specialize in the creation or repair of metal tools, there are plenty of risks associated with your field. At Billy Brown Insurance, we know what it takes to protect machine shops against a wide range of financial risks. We can help you find machine shop insurance that safeguards your company and assets so that your shop operations can keep humming despite nearly any liability or loss that comes your way.
As an independent agency, we can help you find a machine shop insurance policy that is custom-tailored to meet the needs of your business. We serve many different types of shops, from those that specialize in milling and grinding to those that focus on heat-treating, electroplating, or deburring. This can include:
- Goods manufacturers
- Metal heat processors
- Plastic mold manufacturers
- Rubber goods manufacturers
- Cut-off shops
- Tool and instrument manufacturers
- And more
Machine Shop Risks and Coverages
Machine shop owners have many different risk exposures. Not only must you provide a safe working environment for your employees, but you must also carry out your responsibilities and meet deadlines to remain profitable. An injury, equipment breakdown, or the total loss of your shop could result in devastating losses and setbacks. Could you afford to replace damaged equipment or defend your company against a lawsuit?
Our job at Billy Brown Insurance is to create a comprehensive insurance portfolio that mitigates your commercial risks and supports the continuity of your shop for years to come. Whether you run a small, local shop or a large operation with heavy volume, we want to provide coverage that helps you succeed. Depending on your shop’s unique risks and needs, your coverage may include protection for:
Liability
It is important to protect your shop income and assets against a wide range of liability claims, including those related to third-party injuries and accidents that occur on your premises. We typically recommend general liability coverage to help cover the cost of legal fees, judgments, and out-of-court settlements due to covered claims. Your shop may also need other types of liability protection, such as cyber liability insurance to protect you against losses caused by data breaches, as well as employment practices liability, which helps protect your business against claims of wrongful hiring, firing, and employment practices.
Workers Compensation
If you employ workers in your Wisconsin business, you need workers compensation insurance. This coverage pays benefits to employees when they are injured on the job. It assures your workers get the medical care they need and also supplements lost wages, all the while helping to reduce the risk of workplace injury-related lawsuits.
Property and Equipment
You rely on your shop and the equipment in it to facilitate your commercial income. If a fire destroys your shop or your machine is damaged due to a covered event, insurance can help compensate you for the loss. From natural disasters and fires to storm-related power surges and theft, talk to your agent about the ways you can protect your business property against damage and loss.
Machine Shop Insurance Quote
If you run a machine shop in the greater Delafield area, we can help you reduce your risk exposures with commercial insurance solutions designed to fit your needs. For more information about Wisconsin machine shop insurance or to request your free quote, contact our office today.
