If you’ve been looking for manufacturers insurance in Oakville, Oracle RMS can help! Our brokers will work hard to ensure that you get the coverage that you deserve. Contact us today!
Located in the Greater Toronto Area, Oakville’s population of 193,832 is enough to make it the largest town in Ontario. With major employers like the Halton District School Board and the Regional Municipality of Halton, the town would initially appear to lean very heavily on its public and education sectors. But with businesses like Ford Motor Company of Canada, Zenon Environmental, and XLTEK all based in Oakville, there’s a lot to be said for the robustness of the town’s manufacturing sector.
Part of what makes choosing a manufacturers insurance policy so difficult is the reality that the wrong choice could expose your company to liability. Hiring an experienced broker makes it easier to ensure that you’re getting the coverage you need.
There are a lot of factors to consider when exploring your options for manufacturers insurance in Oakville. Work with a broker who understands your industry. Contact Oracle RMS today!
For manufacturers, this insurance policy commonly covers situations where a third party has been injured or has experienced property damage because of a product. The legal bills involved with defending yourself against a lawsuit alone can really strain a company financially. Commercial general liability insurance can cover you for both defence costs and judgement costs.
Sometimes a fire or a burst pipe can do so much damage to your building and/or equipment that you simply can’t operate until repairs are made. Business interruption insurance may be able to compensate you for lost revenues and/or expenses in the event that an insured peril forces you to temporarily shut down.
Fact 1:
Oakville is home to 26 food manufacturers.
Fact 2:
Ford Motor Company of Canada has a plant in Oakville and is the town’s largest employer.
Fact 3:
Astound, an Oakville manufacturer that normally makes conference exhibit booths, made the news in 2020 for its switch to producing hospital equipment.
You can read the story here.
