The amount of coverage that your business needs depends on three factors: perceived risk, where you operate your business and the type of products you manufacture.
Perceived risk: Consider the amount of risk associated with your business operations and functions. For instance, if you manufacture heavy machinery you would generally need more coverage as compared to another organization that manufactures stuffed animals.
Premises and operations liability: If you operate in a state that has a reputation for rewarding high damages, then you may wish to purchase higher limits of liability.
Type of product manufactured: If you manufacture a dangerous product, you may want to carry higher limits of liability.
The agents at Trucking Insurance Services, LLC can work with you to determine how much general liability insurance you may need.