Manufacturers and service providers purchase general liability insurance to protect themselves from losses if their products or services cause property damage or bodily injury. But what if they are sued for financial loss not caused by property damage or bodily injury?
Veracity’s expertise in providing insurance solutions to the manufacturing industry, and our exceptional carrier relationships, makes our Manufacturers Errors and Omissions (E&O) insurance unbeatable. The Manufacturers E&O policy provides third party financial loss when no bodily injury or property damage has taken place. We provide coverage for monetary judgement and awards from the Manufacturer’s Professional Services, which includes design, development, and selling of parts and equipment in connection with the insured’s product. Coverage also extends to the insured’s advice, installation, training, support, and repair of the insured’s product for others.
Coverage extensions are available for Pollution Liability, Multimedia and Advertising Liability, Computer Network Security, and Privacy Liability.
- Glass, Metal & Plastics Manufacturing
- Industrial Equipment
- Construction Equipment
- Electronics and Electronic Equipment
- Wood Products
- Consumer Goods
- Available to Qualifying Customers with Commercial General Liability Policies
- Coverage for Third Party Financial Loss when No Bodily Injury or Property Damage
- Limits up to $5 Million
- Minimum Premium - $5,000