One of the most important things any company can do to protect its investment is to ensure it has insurance in place. This article discusses some of the basics of wood products insurance, such as what types of coverage are available and how much an insurance policy for a wood business might cost.


Wood products insurance is a type of insurance that covers risks associated with the use of wood products. Coverage can include losses due to fires, theft, and other accidents. Wood products insurance  can be a valuable investment for businesses that rely on wood products for their operations.

Types of Insurance

Types of coverage available for wood products businesses vary, but most policies include general liability, property damage, and product liability coverage.

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General liability covers you if someone is injured on your property or if your business is found liable in a lawsuit. Property damage covers damage to physical property outside of your business, while product liability insurance covers you

if someone is injured by a product you produce. Depending on the policy wording, you may also be covered for advertising claims, labor disputes, and more.

What Factors Determine the Cost?

The cost of wood products insurance can vary greatly depending on a variety of factors. Here are some of the most important factors: 

Wood products can be insured for a variety of reasons, including for protection against fire, water damage, and theft. The type of wood product and its inherent risks will affect the cost of insurance.