Commercial property covers stock. Confirm limits reflect metal price volatility.
Yes. Fire exposure affects both property pricing and required safety controls.
Equipment breakdown covers repair and lost income. A single machine often carries the whole line.
Yes. Component failure claims name the part manufacturer, often years after supply.
Yes. Coolants, plating and finishing chemicals fall outside general liability's pollution exclusion.
Fraud is a crime
If your application contains purposefully misleading, absent, or inaccurate information, you could be charged with fraud. Your insurance carrier could potentially void your policy, or you could face civil or criminal charges or penalties.
Any person who knowingly and with intent to defraud any insurance company or other person, files an application for insurance or statement of claim containing any materially false information or conceals, for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent act, which is a crime.
