Auto Component Manufacturers Insurance Policy

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  • Cover major risk exposures.
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Types of risk faced by Auto Component Manufacturers


Client-related Lawsuit

Legal liabilities arising due to bodily injury or property damage suffered by clients due to faulty products. Losses incurred include cost of lawyer, investigation costs and compensation awarded by the court.


Product Recall Risk

Product recall may arise due to defect in the product that may lead to a bodily injury or property damage to a client or its customers. Cost of dismantling, transportation and repairs can be substantial.


Premises Risk

An accident can lead to own damage or third party loss. Cause could be fire, natural catastrophe, machinery breakdown or sudden pollution. Reinstatement of assets and indemnification of 3rd parties is covered.


Business Interruptions Risk

Inability to resume operations after an accident can lead to consequential losses. Factory may require to be shut down until reinstatement. Loss of profits, and continued standing expenses can be covered.

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About Auto Component Manufacturers Insurance

Protect the office from damage and burglary Cover for fire, earthquake, riots, flooding and similar perils. Also include theft, burglary and computer breakdown. Cover damages during the project or construction stage of a venture. Specialized insurance that caters to damage before a project is completed. Include loss of profit due to delays as well.


Insure damage to warehouses and goods stored there. Effectively insure goods and the warehouse even when there is frequent movement of material, loading and unloading of items. Cover all the company vehicles in one single insurance. Fleet insurance considerably reduces paperwork by having just one insurance policy. Gives you more negotiating power with insurers.

Direct Broker (General), IRDA License No 728 (Valid upto 25th August, 2026), Bluearmour Insurance Brokers Private Limited, CIN: U66000HR2019PTC084231