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Shoe Manufacturing

At Sprezzatura Insurance we believe that according to traditional insurance practices, the level of exposures and risks for shoe manufacturing companies are as follows:

Level of Risk Per-Line of Business: Low, Medium & High.

  • Automobile Liability:Low
  • General Liability: Premises & Operations:Low
  • Product Liability & Completed Operations: Medium due to pre testing of new products and inspections
  • Workers Compensation: High due to frequent use of industrial machinery and constant exposure to coloring and chemicals.
  • Crime: Low
  • Fire/Property: Medium
  • Business Income: High due to customized and specialized equipment and some stock.
  • Inland Marine: Medium

Key links related to the show manufacturing industry are:

Based on ISO, AM Best, and others, the recommended class codes for shoe manufacturing are:

Standard Industrial Classification Manual (SIC) Codes and Classifications

3021 - Rubber and Plastic Footwear

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