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Industrial Insurance: Quick and Simple Quote

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Tailor-made business insurance

Liability, property, business interruption: comprehensive protection for SMEs.

Orso, business insurance broker in Montreal
Industrial manufacturing site — Assur360 insurance

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Industrial Insurance (Manufacturers)

Quebec manufacturers need integrated coverage: property (building, equipment, inventory), equipment breakdown, product liability, environmental liability, business interruption. Policies often $5,000 to $50,000/year.

Our strength: manufacturing programs through several specialized insurers (Aviva, Travelers, Northbridge). Free audit of your current program to identify costly gaps or duplications.

Industrial Insurance in Quebec — Customized Protection for Your Plant

Fires, equipment breakdowns, production interruptions, environmental incidents — industrial risks are among the most costly. Our AMF-certified brokers will find you the optimal coverage at the best price.

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Did you know? A single industrial fire in Quebec can cause losses of several million dollars in property damage, business interruption and civil liability. Without adequate coverage, your business may never recover.

What is industrial insurance?

Industrial insurance is specialized coverage designed for manufacturing companies, manufacturing plants, production facilities, and industrial complexes. It goes far beyond a simple standard business insurance by covering the specific risks associated with industrial operations: heavy machinery, manufacturing processes, storage of raw materials, environmental liability and production interruptions.

In Quebec, industrial insurance premiums vary between $5,000 and $100,000+ per year depending on the size of the plant, the value of the equipment and the type of activity. The CNESST imposes strict industrial safety standards. Proper insurance is essential to complement these legal obligations and protect your assets, revenue, and employees.

Industries and sectors covered

Our network of brokers covers all industrial sectors in Quebec. Whether you operate in light manufacturing or heavy industry, we have the right solutions for your reality.

🏭 Manufacturing & Manufacturing

Production, assembly, parts manufacturing, material processing and packaging plants.

🍞 Food Beverage

Food processing, slaughterhouses, industrial bakeries, dairy production and canning.

⚙️ Metallurgy Welding

Welding workshops, foundries, metal fabrication, laser cutting and surface treatment.

🌲 Wood Forestry

Sawmills, pulp and paper mills, furniture manufacturing and wood processing.

🧪 Chemical Pharmaceutical

Chemical manufacturing, laboratories, pharmaceutical and cosmetics industry.

💻 Electronics Technology

Manufacturing of electronic components, data centers, technology assembly.

🏗️ Construction Materials

Concrete manufacturing, precast factories, building material production.

♻️ Recycling Environment

Sorting centres, recycling plants, water treatment and waste management.

Essential Blankets for Industry

Comprehensive industrial insurance should protect your business on all fronts. Here are the essential guarantees for manufacturing companies in Quebec.

products breakdown explosions interruption shutdown liability responsibility Cleanup Liability damage downtime
WarrantyWhat it coversWhy it’s essential
Property BuildingBuilding, equipment, machinery, raw materials, finishedProtects your physical assets from fire, theft, water damage, and breakage
MachineMechanical breakdowns, electrical failures, boilerIndustrial machinery costs hundreds of thousands of dollars
BusinessLost revenue and fixed costs during the productionMaintains your cash flow even if the plant is shut down
CivilBodily injury or property damage caused to third partiesProtects against lawsuits — often the most costly risk
EnvironmentalPollution, Contamination, Spills, EnvironmentalMandatory for industries handling hazardous substances
ProductManufacturing defects, product recalls, consumerEssential for any manufacturer distributing its products
Cyber risksHacking, ransomware, data theft, systemConnected factories (IoT) are growing targets

Industrial Risk Management — 7 Key Strategies

Good risk management is more than just buying an insurance policy. It is a comprehensive approach that combines prevention, protection and continuous review. Here are the strategies recommended by our brokers specializing in commercial insurance.

1
In-depth risk assessment

Identify all risks: accidents, breakdowns, interruptions, market fluctuations, and regulatory changes. A complete audit makes it possible to quantify and prioritize protections.

2
Customization of coverage

An agri-food plant does not have the same needs as a foundry. Include liability, property, machine breakdown and business interruption according to your reality.

3
Factory Risk Prevention

CNESST-compliant procedures, staff training and preventive maintenance. Insurers reward proactive companies.

4
Collaboration with experts

A broker specializing in the manufacturing sector designs a comprehensive strategy and negotiates the best terms with insurers.

5
Periodic review of coverage

Review annually for new equipment, expansion, and emerging risks. A policy from 2 years ago may be insufficient.

6
Cost optimization

Compare quotes from multiple insurers. Combine property, RC, machine breakdown and fleet. Increase the deductible if your cash flow allows it.

7
Anticipating future challenges

Automation, Industry 4.0, cybersecurity of connected systems, increasing environmental regulations. Be ready for tomorrow.

Protect your industry now

Our brokers compare offers from 25+ insurers to find you the optimal coverage at the best price.

✓ 100% free service✓ Response in 24 hours ✓ No commitment

Benefits of the right industrial insurance

🛡️

Asset Protection

Buildings, machinery, inventory and raw materials protected against all risks.

💰

Securing income

Business interruption maintains your cash flow even in the event of a prolonged shutdown.

⚖️

Legal protection

Civil liability and legal defense in the event of lawsuits related to your transactions.

🌿

Environmental Compliance

Coverage of decontamination and clean-up costs in the event of an incident.

Save on your industrial insurance

A welding accident or stolen manufacturing equipment can cost your business thousands of dollars. Here’s how to reduce your premiums while maintaining optimal coverage:

  • Compare quotes — use a broker who compares offers from several specialized insurers
  • Invest in prevention — sprinkler systems, fire alarms, CNESST training = reduced premiums
  • Increase the deductible — a higher deductible lowers the premium, provided you have the cash flow
  • Bundling policies — combining property, liability, machinery breakdown, and fleet with the same insurer
  • Maintaining a good record — every year without a claim improves your risk profile
⚠️ Attention — Industrial Underinsurance

According to the AMF, underinsurance is a frequent problem in the industrial sector. If the insured value of your equipment or building is less than its replacement value, the compensation will be proportionately reduced (proportional rule). Have your industrial assets revalued every 3 years.

Industrial insurance throughout Quebec

Whether your plant is in Montreal, Quebec City, Laval, Longueuil, Gatineau, Sherbrooke, Trois-Rivières, Saguenay, Drummondville or Thetford Mines, Assur360’s brokers accompany you throughout Quebec. Each region has its own industrial particularities: designated industrial zones, proximity to transport routes, specific environmental risks. Our brokers know the insurers that offer the best coverage for your location and industry.

Frequently Asked Questions — Industrial Insurance in Quebec

What is industrial insurance?
Industrial insurance covers manufacturing companies, factories and industries against various risks such as fires, explosions, equipment breakdowns, civil liability and business interruption. It is designed specifically to meet the needs of companies with manufacturing or processing operations.
Why does an industrial company need specific insurance?
Industries are exposed to higher risks than standard companies: fires, mechanical failures, environmental incidents, pollution and prolonged business interruptions. Standard insurance does not adequately cover these specific risks. Specialized coverage protects your assets, revenue, and the sustainability of your business.
How much does industrial insurance cost in Quebec?
The cost varies greatly depending on the type of industry, the size of the business, the value of assets, the number of employees, and the history of claims. A small plant can pay $5,000 to $15,000 per year, while a large industrial facility can exceed $100,000 annually. The best approach is to compare quotes from multiple insurers via a specialist broker.
How to reduce industrial insurance costs?
Three main strategies: implement risk prevention measures (training, regular inspections, sprinklers), opt for a higher deductible to reduce premiums, and compare the offers of several insurers. A specialized broker can identify the best rates and discounts available for your industry.
Does industrial insurance cover cyberattacks?
No, traditional industrial insurance does not usually cover cyberattacks. With Industry 4.0 and connected systems (IoT), separate cybersecurity insurance is highly recommended to protect your data, automated production systems, and confidential information from hacking and ransomware.
What is the difference between business and industrial insurance?
Standard business insurance covers common risks (liability, property, theft). Industrial insurance adds specific coverages such as machine breakdown, environmental liability, product liability and guarantees adapted to manufacturing risks. It’s more comprehensive coverage, designed for manufacturing operations.
Is business interruption included automatically?
No, business interruption (or business interruption) is usually an optional coverage to add to your policy. However, it is highly recommended for industries, as a production shutdown can lead to considerable revenue losses while maintaining significant fixed costs (salaries, rent, equipment financing).
What to do in the event of an industrial disaster?
Secure the premises and ensure the safety of people first. Contact emergency services if necessary. Notify your insurance broker as soon as possible. Document the damage with photos and videos. Keep evidence and do not make any major repairs until the adjuster inspects.
My business has multiple locations — can I group them together?
Yes, bundling multiple industrial sites under one policy is not only possible, but often beneficial. You get multi-site discounts, simplified management, and consistent coverage. This is particularly interesting for companies with plants in different regions of Quebec.
Does industrial insurance cover pollution?
Environmental liability can be added to your industrial policy. It covers the costs of decontamination, clean-up and prosecution related to a spill or contamination. For industries handling chemical or hazardous substances, this coverage is essential and sometimes required by provincial regulations.

Why trust Assur360?

✓AMF certified — Firm authorized by the Autorité des marchés financiers
✓100,000+ insured customers in Quebec

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