What You Should Know About Canadian Rubber Manufacturing Insurance

As a Canadian rubber manufacturer, there’s no doubt that you have a lot on your plate on any given day. 

If you’re not managing logistics, you’re working with vendors and ironing out details with clients. And when you’re not doing that, you’re managing your workers. Any time you have that many moving pieces going at once, the potential for a liability issue to be exposed goes up just as easily. 

When you consider the fact that oftentimes the rubber isn’t even the final product, it becomes all the more clear that insurance is a great way for Canadian rubber manufacturers to protect themselves and their assets. 

If you’re a Canadian rubber manufacturer and you’re interested in learning more about how insurance can help keep your company protected, you’ll definitely want to keep reading.

The Three Types of Insurance Canadian Rubber Manufacturers Could Benefit From

Rubber Manufacturing Insurance in Canada
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1. Business Interruption

In the rubber manufacturing industry, your company is at its most productive when it’s running like a machine. However, between the specialized equipment and machinery as well as the physical building itself, one fire or flood has the potential to slow down operations in a big way. 

Worst of all, the losses your business sustains in the aftermath of a disaster often go beyond the immediate damage to your building or your equipment. The bills will still pile up and your customers will still be expecting shipments. Unless you’ve got enough cash reserves on hand to cover an emergency of this nature, one sudden event like this has the potential to wipe out a company financially.

Business interruption insurance may be able to compensate you for these sorts of financial losses and expenses if you suffer a covered loss. 

2. Commercial General Liability

Although manufacturing companies are often not public-facing, investors, suppliers, inspectors, and other business partners are just a few of the sorts of people who may be visiting your premises on a semi-regular basis.

Rubber manufacturing, more than many other industries, uses a lot of heavy machinery and chemicals in order to produce outputs. All it takes is one slip or bad turn for a person to suffer serious bodily harm. 

The conventional wisdom is that if you own or lease a building that you operate from, commercial general liability insurance can give you coverage if someone suffers physical injury or property damage while on your premises.

3. Product Liability

As the manufacturer, you typically don’t have a lot of control over the final rubber goods and products your rubber is used for. If a lawsuit were to be initiated over some harmful rubber products your company manufactured for, however, you could find yourself on the hook for legal fees, settlements, and other litigation-related expenses.

Plus, even if you’re careful, the truth is that sometimes mistakes can be made early in the production of rubber products. Maybe a harmful trace chemical gets found or the raw materials supplier makes a change without informing you. And even when you’re found not liable, the legal costs it can take to get that finding can put a real strain on a company’s finances. 

Product liability insurance may be able to help protect your business and cover you in these sorts of scenarios.

The Two Reasons Why You May Want To Get Canadian Rubber Manufacturing Insurance From a Broker

1. Get Advice From an Experienced Professional

As a business owner who works in a highly technical field, you wouldn’t expect a random person off the street to know how petrochemical feedstocks work. In some regards, the same reasoning applies with Canadian rubber manufacturers insurance.

Even in the best of times, businesses will have different insurance needs. Because your line of business is so specialized, your insurance policy will need to be nuanced as well. However, those finer details are not necessarily the type of thing a non-insurance professional would know or be able to recognize. An experienced insurance broker, on the other hand, will be able to apply their industry-specific knowledge to help you find the right insurance coverage options with ease.

2. Get The Best Plans At The Best Rates Possible

The other advantage of working with a professional is that your broker will have access to more insurance providers and plans. 

Of course, you can do the comparison shopping yourself while running your manufacturing business and managing your personal life. But if you want to get an ideal policy at the best rate possible in less time, it can pay to let a professional do the deal-hunting for you.

An experienced broker will already have the connections and the contacts in place. When you work with an ALIGNED broker, we will advocate tirelessly on your behalf to ensure that you get a great plan at a fantastic rate.


As a Canadian rubber manufacturer, there’s no doubt that you have a lot going on. 

There are client specifications you need to meet, you have to keep your operations running smoothly, and that’s before we start talking about vendors and suppliers. 

It’s a lot.

Because your line of work and products are so specialized, it’s not enough to just have insurance. You need to make sure that your insurance actually gives you the coverage that you need. 

Protect your company with Canadian rubber manufacturers insurance. Call an ALIGNED broker to get FREE insurance quotes and get started today!

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