Precision Manufacturing Insurance Services “PMIS” was created to provide dedicated insurance sales & marketing resources to the precision manufacturing industry. PMIS is authorized by the California Department of Insurance under Resident Insurance License #0G98513.

Customized Insurance For Manufacturers

Precision manufacturing is what your customers expect from you. Your success depends on your commitment to high quality standards and producing the component parts and products your customers need. Why would you expect anything less from your insurance company.

S E R V I C E S

• Loss Control
  Developing an action plan to reduce or mitigate the potential for future losses.
• Risk Management
  Identifying, assessing and prioritizing of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events
• Regulatory Compliance Audits
  Educating and assisting companies in taking steps to comply with relevant laws and regulations.
• Claims Management
  Managing all aspects of handling loss claims.
• Exclusive Programs
  
• Client Connect
  - Comprehensive Library of Resources for our clients, and online access to their company insurance activities

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C O V E R A G E S
Planned for your Needs -- Do you have the following protection in your policy?

• Workers’ Compensation
  Workers’ Compensation coverage provides 24-hour, seven-days-a-week access to our claims reporting facility. In addition, our state-of-the-art managed care and Return-to-Work program will help you get your employees back on the job as soon as possible.
• Commercial General Liability
  provides protection against legal liability for commercial risks arising from ownership, maintenance, or use of business premises, defects in manufactured products, and completed operations.
• Commercial High Risk Products Liability
  
• Employment Practices Liability
  provides coverage for issues that deals with wrongful termination, sexual harassment, discrimination, invasion of privacy, false imprisonment, breach of contract, and emotional distress.
• Commercial Automobile
  Protects you against financial loss resulting from accidents involving the vehicles you use in your business. Precision Manufacturing Insurance Service can offer valuable enhancements you won’t normally find on other commercial auto policies, such as excess coverage for hired autos and the extension of liability coverage to vehicles leased in the name of an employee on your behalf and at your direction.
• Employee Health & Benefits
  health insurance, life insurance, medical plans for employees
• Property - Building and Business Personal Property -
  Coverage to repair or replace your building and any equipment, stock, furniture, or fixtures that you own. A lot of business property coverage can be included, such as:
  Building and Contents - Covers your buildings and/or business contents if they are destroyed because of a covered loss. You’ll receive the full cost to replace your property up to a limit you select when you purchase your policy.
• Boiler & Machinery/Equipment Breakdown
  Covers the cost to repair or replace equipment, such as computers, air conditioners, phone systems and steam boilers, from loss or damage caused by mechanical breakdown or artificially generated electrical current.
• Commercial Umbrella
  Commercial umbrella coverage is a supplement to commercial general liability insurance. It provides added protection from gaps or exclusions in commercial general liability insurance.
• Life Insurance
  
  
  

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• Off-Premises Utility Services - Extends coverage to include loss or damage to your property and stock caused by interruption of off-premises water, communication or power supply services, even when not owned by you. Also available as an option that protects your business income.
• Product Contamination - Pays for expenses you incur as a result of an accidental contamination of your product during the manufacturing process at your facility. Covers its loss of marketability, including product sold but not delivered.
• Product Recall and Replacement - Covers you against the unexpected cost of recalling your product from the market due to faulty design, errors in manufacturing or intentional tampering of your products that may cause harm to your customers or the public. Plus, coverage is extended to provide for the costs of replacing the recalled products. Precious Metals. Covers the precious metals used in your business, such as gold, silver, platinum and other precious alloys and metals, against loss by theft up to a specified limit.
• Transit Coverage - Extends your coverage for loss or damage to business personal property to apply to shipment by common carrier.
• Valuable Papers and Records - Protects the value of your time, work and research to re-create your customer records or files if they are damaged or destroyed by a covered loss.
• Valuation Changes – Manufactured Goods - Values your manufactured goods at your selling price, less discounts and expenses you would normally have incurred, in the event of a covered loss. In addition, you have the option to buy these important coverages:

Other Important Coverages Available

We also have the convenience of flexible premium payment plans, an electronic funds transfer plan, and 24-hour, toll-free claims reporting. All business insurance is not the same. At Precision Manufacturing Insurance Services, we understand your insurance needs and provide convenient, cost-effective and quality coverage for your business. Give us a call and start enjoying the peace of mind that comes from knowing you’re insured by the precision manufacturing specialists!

As with most technical industries, the days of being a "generalist" are over! That’s why we developed a “Precision Manufacturing Practice” (“PMP”); a dedicated group of professionals that exclusively service specialized manufacturers like Precision Manufacturing Insurance Service.

Unfortunately, about 85% of the 100+ manufacturers we work with were either paying for coverages they didn’t need, or had significant coverage gaps because notwithstanding limits, their policy would not pay certain claims the way they needed them to be paid. Consider that all insurance companies use much of the same boilerplate language and policy forms for all their clients including theaters, liquor stores, hotels and manufacturing plants – large and small. One size cannot fit all!

The PMP helps manufacturers reduce risk exposures, realign insurance costs, eliminate coverage gaps and make strategic choices about self insuring certain risk factors. As manufacturing insurance specialists, we analyze your risk profile, identify loss scenarios that are specifically relevant to you, help you develop a risk mitigation strategy (self insure vs. risk financing) and deliver an actionable plan to protect your future.