Factory Insurance
Secure your factory operations with policies meticulously crafted to address the unique risks of your manufacturing environment at a broker-negotiated rate.
Fast quotes, cheaper rates, and reduced broker fee when you complete our quote form. Insure with us and save.
Factory insurance is tailored for industrial properties, covering unique risks like machinery malfunctions and chemical spills. It protects factory buildings, machinery, equipment, inventory, and potential rental income losses.
Customising policies through a broker ensures coverage meets specific factory needs, preventing gaps. Brokers negotiate better rates and provide expert advice on risk management, maximizing protection and cost-efficiency.
How are CBI’s Policies Cheaper & Better?
CBI precisely customises each policy to cut costs without cutting coverage, ensuring you only pay for what you need.
Our expert brokers then negotiate to lower your premiums, delivering top-notch protection at unbeatable prices.
Factory Insurance
FAQs
Answering your most frequently asked questions on commercial building insurance.
Factory insurance is specifically designed for the unique risks and requirements of manufacturing environments, focusing on machinery breakdown, disruptions in production, and high liability risks associated with factory operations.
In contrast, general commercial building insurance covers a wider array of property types such as offices and retail spaces, primarily addressing common property damages and public liability, without the specialized coverages critical for factory settings.
Industrial building insurance is designed for properties involved in manufacturing, warehousing, and heavy processing. This includes factories, plants, and distribution centres, where the focus is on safeguarding against the unique risks these facilities face.
The pricing for industrial building insurance in Australia varies significantly based on the risk factors and value of insured items. Factors like location, industrial activity type, and machinery value play crucial roles, with premiums tailored to each business's specifics.
Absolutely. Industrial building insurance can be customised with the help of brokers to precisely fit a company’s risk profile and budget. Adjustments can be made to coverage limits, areas of coverage, and deductibles to ensure that the policy addresses all specific operational risks without unnecessary expenses.