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If you have a CNC machine, this video can help you decide when to get insurance. Today, our agent, Mike Fulmer, will discuss insurance endorsements that protect your home, CNC machines, employees, dies, molds, loss of business income coverage, and general cost ranges. We'll talk about why it's important to carry insurance whether you're working from your home or if you're moving into a building for manufacturing how insurance can make growing your business easier, give you peace of mind, and the importance of finding an agent that understands your business. Finally, Mike will share some general cost information as well. 00:00 Intro Mike Fulmer 01:27 Types of coverage for a machine shop 02:23 Equipment Break Down Endorsement 03:58 When to File a Claim 05:27 Insurance for Product Design & Prototyping 06:16 I have a small business I run from home. Do I need Insurance? 08:34 How insurance makes buying machines and growing a business easier 09:39 Insurance Tips: Die & Mold Insurance, Shipping & Delivery, & Business Income Coverage 11:23 The Importance of Finding an Agent That Understands Your Business 12:03 General Cost of Insurance 13:41 Outro ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Links for this video Mike Fulmer: http://fulmerinsurance.agency/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Reach us / CNC Info: Speeds & Feeds: https://provencut.com Download Fusion 360: https://www.dpbolvw.net/click-9255839... Online Fusion 360 Training: http://bit.ly/LearnFusion360 SMW Products: https://saundersmachineworks.com/ CNC Resources: https://www.nyccnc.com 5 Reasons to Use a Fixture Plate on Your CNC Machine: https://bit.ly/3sNA4uH