Electric Vehicle

Focus on electric vehicles. We’ll focus on your electric vehicle manufacturer insurance.

The electric vehicle industry can be challenging.

Your work sites can be hazardous to your property and your employees. That’s why it’s important that you get general liability insurance to protect your electric vehicle manufacturing business in case of accidents or catastrophic events that result in either property damage or injury to your employees. If your employees are injured, you’ll also want to consider workers’ compensation insurance to help cover employees while they are recovering and off the job.

Environmental concerns are at the forefront of the industry.

The electric vehicle industry, while more environmentally friendly than traditional automotive sectors, is still at risk when it comes to its impact on the environment. Battery production and disposal, for example, can pose environmental hazards. As a result, your business could be faced with the costs of lawsuits, cleanup, and other expenses that could put your business at financial risk. An environmental insurance policy may help cover you in the case of accidental pollution or contamination.

Your business might need coverage around the world.

The demand for electric vehicles is global, so it makes sense that your manufacturing business is taking advantage of this international market. However, doing business internationally makes your insurance needs more complex. An international business insurance plan may help fill in the gaps of your domestic coverage. It may also provide protection for the liability of your employees while they are overseas, as well as for non-payment by clients that are difficult to resolve in local courts.

Why does your business need electric vehicle manufacturer insurance?

The electric vehicle industry is highly specialized and constantly evolving to meet the growing demands for sustainable transportation. Your job is to help keep it running, but working with electric vehicles comes with a number of unique risks. That’s why it’s important to have electric vehicle manufacturer insurance coverage to help protect your business and continue advancing the future of transportation.

The business side of the electric vehicle industry.

Your electric vehicle manufacturing business is just like any other business, and you’ll need some essential insurance coverage. This includes inland marine and ocean marine insurance to help protect your equipment while in transit over land and sea. Another example includes business auto insurance in case one of your business vehicles is involved in an accident. You’ll also want to look into cyber liability insurance to help protect your business in the event of a hack or data breach.

Interested in learning more about how electric vehicle manufacturer insurance coverage may benefit your business? Contact us to discuss your coverage options.