Arizona is an attractive location for manufacturers. According to the Arizona Commerce Authority, we significantly outperform the national average for GDP and employment totals. If you are an Arizona manufacturer who is looking for an agency that understands your unique needs and will leverage your safety performance to drive down your insurance costs, you are in the right place. Wilson Insurance wants to work for you!
Together we can find solutions to address your insurance coverage and budget requirements
We don’t want you to pay more than you should either. We will steer you towards savings
We have been helping Arizona business owners for almost 40 years. We are your local insurance advocates.
Wilson Insurance is actively looking to write the following classes of manufacturing business. Operations with an asterisk* are preferred.
Cloth Printing
Silk Screening *
Mattress or Box Spring
Electrical Apparatus NOC *
Electrical Connector
Instrument Manufacturing *
Printed Circuit Board *
Solar Energy Equipment
Bottling
Brewery *
Cannery
Dairy
Doughnut Manufacturing *
Food Products NOC – Dry *
Food Products NOC – Frozen *
Tortilla Manufacturing *
Awning Manufacturing – Metal *
Iron or Steel – Fabrication – Ornamental *
Iron or Steel – Fabrication – Shop (Load Bearing)
Machine Shop NOC *
Metal Goods NOC
Metal Stamping *
Powder Metal Products *
Prefabricated Metal Building *
Sheet Metal Manufacturing *
Sign Manufacturing *
Extrusion Molded Products
Plastic Goods – Household
Plastic Goods – Injection Molding
Plastic Goods – Molded Products
Sheets, Rods, or Tubes
Cabinet Manufacturing *
Door, Sash or Assembled Millwork *
Furniture Manufacturing *
Molding Mill *
Pallet Manufacturing
Truss Manufacturing *
This coverage protects your building, business personal property, stock, and business income from damage from covered losses. Many companies provide additional coverages for direct and indirect damages on policy endorsements.
This is an optional part of property coverage. Should your hotel suffer a covered loss that prohibits you from operating, this coverage will help cover your loss of income, payroll, and ongoing expenses.
If your equipment suffers a covered cause of loss, this coverage pays to replace the equipment. It also pays for a loss of business income and spoilage should you have a drop in income from the broken machinery.
Should your employees commit dishonest acts, this coverage makes you whole.
This coverage is for tools, mobile equipment such as forklifts, front-end loaders, scissor lifts, compressors, cranes, compactors. It is also for transit coverage while your finished product is being delivered to your customer.
This coverage provides premise, products, and completed operations coverage should a customer be injured onsite or from using your product.
This coverage protects your company from liability should your vehicles cause bodily injury or physical damage. It can provide roadside assistance and rental reimbursement. If your employees use their vehicles to run errands for your company, your policy can provide an extra layer of protection over their personal policy.
Your workers are your most valuable asset. This coverage protects them if they get injured on the job.
If you have a claim that pierces your GL, commercial auto, workers’ compensation, EPLI, or cyber limits, this coverage provides an extra layer of protection and legal defense to protect your business.
This coverage fills a coverage gap should an off-site power disruption cause a power surge that causes damage to your electrical panels and production equipment. This can easily happen during our summer monsoon storms.
Manufacturers are one of the most targeted industries for data breach and cyber liability claims. For detailed information about manufacturers’ exposure, visit our data breach and cyber liability page.
This coverage fills a critical gap that is oftentimes overlooked by manufacturers. You can buy back coverage excluded under your GL policy for mistakes and acts of negligence. These mistakes can occur during assembly, design, distribution, calibration, and installation. It also provides legal defense!
Should your property have a covered claim where finished stock is damaged, your policy will pay out on either an actual cash value or replacement cost value. That is often a lower amount than the market value. The CP 99 30 Manufacturer’s Selling Price Endorsement allows manufacturing facilities to recover the higher amount which includes the baked-in profit.
If a product you manufacture has to be recalled for any reason, there are many hard and soft costs incurred which can be a strain on your organization. This coverage provides limits for notifying the media, increased payroll expenses, reputational management, and other costs for disposing and replacing product.
Inventory management can be challenging. This coverage is the broadest way to insure your inventory on an end-to-end basis. It is designed for companies that import, export or distribute merchandise. It provides coverage for raw materials, partially completed, and finished products. It covers your inventory at all times, everywhere, on an ‘all risk’ basis.
If an overseas manufacturer does not have a domestic US location, customers are unable to sue them for bodily injury or property damage should their product cause damage. As a result, their product liability flows downstream to the domestic importer and distributor of the product. Because of this liability, importers and distributors of products with this exposure are charged a higher rate.
Your property coverage articulates where damage must occur for your policy to react, often 100 to 1000 feet from your premise. When power disruption occurs offsite, as it frequently does during Arizona summer monsoon storms, power surges can fry production machinery. The resulting damage would not be covered unless it is bought back by offsite power interruption coverage.
It is the broadest way to cover your inventory. With disruption in supply chain management a persistent threat to business operations, this coverage provides a safety net for manufacturers who wrestle with inventory management.
If you have large pieces of production equipment you have the option of classifying it as business personal property or as part of the building. Building coverage is generally a lower rate than BPP coverage offering you a savings discount.
Yes! Thermographic scans are a proven way to identify electrical hazards that otherwise are an invisible threat to manufacturers. As a customer of Wilson Insurance, we negotiate that this expense be picked up by the property carrier to lower your rate. This service reduces your total cost of insurance.
Partnership between manufacturers and insurance companies can bear long-term benefits and premium savings for your company. Why? When loss control reps communicate your positive safety culture upstream to underwriting and management, you can qualify for credits you otherwise would be blocked from. Should a loss occur, that safety inspection can minimize perceptions of negligence that otherwise could result in premium increases or policy cancelations.
Talk to us! If your budget is strained by increased insurance costs you may save money by assuming more liability. You can lower your costs even more by using telematics. There is a lot of negotiating that can happen between customers, insurance carriers, and agents. The more premium you pay the more leverage you have in those conversations. If you want a seat at the table to discuss pricing, we can get you an invite.
Reducing severity and frequency of claims is critical. So is reducing indemnity claims so only medical-only claims show. That is an indication your return-to-work program is working. Insurance companies interpret this as having a good safety culture. Each year a claim ages, it does less damage to your EMOD until it eventually falls off after the fifth year.
