Hardware startups

Business insurance for hardware startups.

Insurance options for development equipment, customer trials, and the move into commercial production.

We help hardware startups buy commercial insurance as development turns into a physical product. We describe your testing, manufacturing, and sales activities to the market and compare cover for equipment and product liability.

An aluminum enclosure and circuit board are examined at an assembly bench.

We seek cover for prototypes in use

We ask where each prototype will be used and what a customer trial involves. The submission includes ownership and return arrangements so we can check the offered property terms against the whole evaluation.

  • Evaluation units and demonstration equipment
  • Field testing and customer access
  • Transport, storage and return arrangements

We account for assets at your manufacturer

We list tooling, components, and finished units held by a contract manufacturer and examine who is responsible for them. We compare the manufacturing agreement with the property and liability quotes rather than assuming outsourced work is already covered.

  • Ownership of molds, fixtures and test equipment
  • Materials and finished goods held off site
  • Allocation of product, warranty and recall obligations

We revisit insurance before commercial shipments

Before the move from development to sales, we update the account for customer use, distribution, and installation. We check new contract requirements and pursue policy terms that address the work the business is taking on.

  • Intended applications and any changed use
  • Distributor insurance requirements
  • Software or design services provided with the device

When a device includes software or design services, we identify professional and cyber insurance questions alongside the physical product cover. We explain which needs extend beyond the property and liability policies shown here.

Manufacturing and hardware insurance

Get commercial insurance for what you make.

Tell us about your production setup and insurance deadline. We’ll prepare the submission and compare the market’s response with you.

Get insurance quotes