Food manufacturers face many problems, from managing constant product recalls and dealing with perishable inventory. Equipment failure can also cause food contamination which may attract lawsuits and fines. Food liabilities can also happen such as a customer getting sick from your products. As a food manufacturer, you are exposed to countless risks while handling sensitive products. It would be best to have food manufacturer insurance to mitigate the financial impact of unforeseen risks and events.
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $300,000/$1,000,000 | $1,000,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $100,000 | $100,000 | $5,000 | $100,000 | $1,000,000 |
| Waiver of subrogation included? | Yes | No | Included | Can be included | No |
| Hired/non-owned auto liability coverage included? | Yes | No | Excluded | Can be included | Can be included |
| Equipment breakdown floater included? | No | Yes | Yes | Can be included | Can be included |
General liability insurance will protect your business from expensive claims. Even one liability claim can lead to the financial crippling of your business. With general liability insurance, you have a safety net that protects your business from claims of property damage, bodily injury, or personal injury.
Injuries that happen on your business premises, such as falls or slips of customers and visitors
Bodily injury to a third party caused by your products or activities
Slander or libel claims
Copyright infringement
Cyber liability coverage–Data breaches and unauthorized access to your sensitive data can lead to financial losses and lawsuits. This food production insurance coverage accounts for all damages due to data compromisation
The coverage limits of the general liability policy of your food and beverage manufacturing insurance package are influenced by the provider you select and the terms of your policy. But typically, the amount can be $1 million to $2 million.
| CoverWallet | NEXT | Thimble (Best) | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $1,000,000 |
| Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $2,000,000 |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Waiver of subrogation included? | Yes | No | Yes | Can be included | No |
You can make errors, omissions, and negligence when managing your food manufacturing business. Such mistakes can have negative consequences, leading to expensive claims and lawsuits.
For instance, you can mislabel your food products. Such a mistake may lead to customer harm and misrepresentation. Customers will sue you for damages suffered, and this food manufacturing insurance policy will cover all the associated costs from the claims.
Product recall expense coverage–This add-on to the professional liability coverage of your food processing insurance package will cover all costs associated with product recalls. It will cover product retrieval, disposal, and notification costs
Crisis management coverage–This add-on will assist in managing a catastrophic crisis. It can cover food contamination or negative media publicity. The policy will pay for crisis communication or management of your reputation
You can customize your coverage limit to suit the needs of your business. In most cases, insurance providers offer a limit of $1 million to $5 million.
Get all the best quotes from leading providers in a click of a button!
| CoverWallet | NEXT (Best) | Thimble | The Hartford | Hiscox | |
|---|---|---|---|---|---|
| Building coverage limit (minimum) | $50,000 | $340,000 | $25,000/$500,000 | $35,000 | $25,000 |
| Contents coverage limit (minimum) | $50,000 | $35,000 | $25,000/$500,000 | $35,000 | $15,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Included |
| Accounts receivable | Excluded | Excluded | $5,000/$10,000 | Excluded | Included |
| Money and securities | Excluded | $2,500 | $1,000 | Excluded | Included |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded | Included |
| Business interruption floater | Excluded | Included | Included | Excluded | Included |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded | Included |
| Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded | Excluded |
| Employee dishonesty floater | Excluded | $5,000 | $2,500 | Excluded | Excluded |
Good commercial property coverage cushions you from business disruptions and financial losses. This policy insures your physical assets from unforeseen events. It will cover rented and owned properties against fire, theft, vandalism, lightning, and other covered perils.
When making a food manufacturing insurance application, you should ensure the policy covers spoilage coverage. This is particularly integral for your business as it will cover losses that occur due to losses from perishable goods due to power outages or equipment failure.
Contamination extension–Your standard commercial pet food manufacturer insurance might not cover contamination events. This add-on will cover all losses that result from contamination events
Inland marine coverage–Will cover equipment stored in off-site locations or even when products are stored in warehouses or distribution areas
The coverage limits your food manufacturing insurance provider offers should reflect the value of your assets. You need to frequently conduct property valuation and account for new changes in your property values.
| CoverWallet | NEXT (Best) | Thimble | The Hartford | Hiscox | |
|---|---|---|---|---|---|
| General liability aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $320,000 | $25,000/$500,000 | $35,000 | $75,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes | Yes |
| BOP discount? | Yes | Yes | Yes | Yes | Yes |
A business owner's policy (BOP) is an ideal comprehensive package for your food manufacturing business. With the BOP, you can combine multiple standalone policies into one. This will help to lower your costs as most providers offer discounts on bundled policies. This bundled-up policy contains the following:
Commercial property insurance
General liability insurance
Business interruption insurance
Spoilage coverage–This add-on covers you when perishable goods become unusable. The policy will compensate you for the costs of the spoiled products
The limit for commercial property coverage can be $250,000 to $ 1 million. In contrast, general liability is $1 million to $ 2 million.
| NEXT | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|
| Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $15,000/$25,000 | $5,000-$10,000 |
| Covers hired and borrowed equipment? | $3,000/$10,000 | $2,500/$5,000 | No | Yes |
| Miscellaneous equipment also covered? | $5,000/$10,000 | No | Yes | Yes |
| Offered as an endorsement to general liability insurance? | Yes | Yes | Yes | Yes |
| Deductible | $500 | $500 | $0 | $0 |
As a food manufacturer, you rely on equipment and tools to produce and process your products. This policy comes in handy to prevent financial losses that may arise due to damage, breakdown, vandalism, or theft. When taking your insurance policy, ensure you are keen to check the coverage scope. Check if it covers rented, owned, or leased items.
Business interruption coverage–Covers expenses and lost income if your business temporarily halts its operations due to covered events such as fire, floods, or earthquakes
Flood coverage–Include this add-on if your standard tools and equipment coverage included in the food manufacturer insurance package does not cover flood events
The coverage limits for tools and equipment insurance is not fixed. But some insurance providers offer a limit of $250,000 to $1 million.
Imagine one of your long-term employees complains of chronic back pain due to the constant lifting of heavy bags. The pain can necessitate intensive medical treatment such as surgery or therapy. That's why your food manufacturing business needs workers' compensation insurance. The benefits include:
Death benefits
Lost income
Medical bills
Rehabilitation expenses
Employee benefits liability insurance is one crucial add-on to your workers' compensation insurance. This add-on will protect your business from omissions and errors you may administer when offering your employee benefits programs.
The coverage of workers' compensation will cover 100% of hospital bills and medication. The lost income benefits are calculated depending on the weekly wage. Your employee will get 2/3 of their weekly wage.
Excess liability insurance for food manufacturers offers extra protection beyond what your primary insurance can cover. It covers your business from catastrophic financial losses due to unforeseen perils. Ideally, it covers costs that exceed the limits of your policies.
The coverage limits for each business are different as the size and risks exposed determine the limits. But generally, the limits are $1 million to $10 million.
Pet food manufacturing insurance is specifically designed for businesses that produce pet foods. It cushions your business from various liabilities and risks unique to the pet food industry. There are multiple policies you can include for your pet business, such as:
General liability insurance
Commercial property insurance
Equipment breakdown insurance
Commercial auto insurance
Professional liability insurance
Business owners’ policy
Product liability enhancement–This add-on extends the coverage of claims that arise from your pet food products, such as injury to pets or allergic reactions. It offers you higher protection against specific risks
Cyber liability coverage–Cyberattacks are increasing with advancements in technology. This coverage will safeguard your business against reputational and financial damages from such incidents
Your pet food manufacturer insurance coverage limits will vary depending on the policy you select and the size of your business. You must proactively review your policy terms to find the right coverage.
| Cost per Month | Cost per Year | Deductible | |
|---|---|---|---|
| General liability insurance | $70 | $840 | $0-$500 |
| Professional liability insurance | $73 | $876 | $500-$1,000 |
| Excess liability insurance | $75 | $900 | $500-$1,000 |
| Commercial property insurance | $90 | $1,080 | $1,000-$2,000 |
| Business owner’s policy | $130 | $1,560 | $1,500 |
| Tools and equipment insurance | $76 | $912 | $500-$1,000 |
| Workers compensation insurance | $124 | $1,488 | $2,000-$5,000 |
The average food manufacturing insurance cost is $70 per month or $840 per year for a $1 million general liability policy. Premiums may vary depending on your business's size, the number of your employees, and your covered risks. Here’s a table showing the cost of a $1 million general liability insurance from the best companies:
| Cost per Month | Cost per Year | Best for | |
|---|---|---|---|
| NEXT | $45 | $540 | Best overall; Fastest general liability insurance for food manufacturing businesses |
| CoverWallet | $49 | $588 | Comparing food manufacturing insurance quotes online |
| The Hartford | $53 | $636 | Food manufacturing businesses looking for a company with excellent financial strength |
| Tivly | $56 | $672 | Comparing food manufacturing insurance quotes over the phone |
| Thimble | $58 | $696 | On-demand coverage for food manufacturers |
| Hiscox | $62 | $744 | Food manufacturing insurance with automatic renewal |
Get all the best quotes from leading providers in a click of a button!
It is essential to choose an insurance company that aligns with the needs and interests of your business. Here are the top choices. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability insurance:
Best overall
Issues an online proof of insurance instantly
Fastest general liability insurance for food manufacturers
Great customer service and reputation
Excellent rates
Outstanding value for money
Get a 10% discount if you buy two or more policies
Couldn’t find any
NEXT is a digital insurance carrier that was founded in 2015 in California. This company offers all its food manufacturing insurance policies online using its AI technology. They strive to make their policies very affordable, especially for solo practitioners. NEXT is very experienced and has written numerous policies. The company also allow you to adjust your coverage limits, get a certificate of insurance online, and add additional insureds.
Best for: Best overall; Fastest general liability insurance for food manufacturing businesses
Average cost: $45 per month
Our rating: 10/10
You can easily obtain free quotes on their website
It offers certificate of insurance to all customers on their online platform
Experienced agents are available who can help you understand the needs of your business
Their insurance policies are underwritten by other insurance companies
CoverWallet is a famous insurance brokerage firm. They offer several insurance products for different industries. Even small businesses such as side hustlers can get a good coverage option. Their focus is digital, which favors businesses that operate virtually. Since it is a brokerage firm, you can get quotes from several providers; thus, you can select costs that align with your budget.
Best for: Comparing food manufacturing insurance quotes online
Average cost: $49 per month
Our rating: 10/10
They have a responsive customer care team who offer professional assistance
You can access multiple coverage options for your business
Offers insurance tools and resources to help in better management of your policy
May not offer great deals for non-AARP members
The Hartford is a company that has been in the market for more than 200 years. Its reputation and expertise in writing insurance policies are unprecedented. This company initially started as a fire insurance company but has evolved to offer other insurance products. A.M. Best rates this company at A+, which shows it is financially viable.
Best for: Food manufacturing businesses looking for a company with excellent financial strength
Average cost: $53 per month
Our rating: 10/10
They match you with the best insurance provider who suits your needs
They offer cost-effective insurance premiums for all types of businesses
Fast and accurate insurance quotes are available
This company relies on other insurance providers to underwrite the policies.
Tivly is known as an insurance marketplace. This company partners with several insurance companies to offer multiple affordable insurance products. They have an easy-to-use platform. This is an insurance marketplace where you can get the most affordable rates. Call now to compare quotes over the phone.
Best for: Comparing food manufacturing insurance quotes over the phone
Average cost: $56 per month
Our rating: 9/10
You can easily purchase and manage your policies online
You can modify your policy as your business expands
Multiple insurance products available for your food manufacturing business
Their customer support service is only available online
Thimble is an insurance company that was established to offer drone insurance products. Initially, they offered one-day coverage for drone operators. But the demand for insurance products increased, and they are now offering policies to other industries. Today, this insurance company specializes in offering insurance products to small businesses. They also offer event-based insurance policies.
Best for: On-demand coverage for food manufacturers
Average cost: $58 per month
Our rating: 9/10
Their online platform is very easy to navigate
It has a good reputation in terms of processing claims
You can take advantage of their multiple discounts
Does not offer specialized insurance coverage for food manufacturing businesses
Hiscox is a company that has been operating since 1901. Their team efficacy and reputation make this company outstanding from its competitors. The company specializes in offering business insurance for food manufacturers with large-scale operations. You can tailor their coverage and policies to suit your individual needs. Their excellent customer service ensures you get the best assistance.
Best for: Food manufacturing insurance with automatic renewal
Average cost: $62 per month
Our rating: 9/10
1 / 5
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
1 / 5
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
1 / 5
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
5 / 5
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
5 / 5
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!
Not all those who wander are lost.
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