Cyber Liability Insurance for NAICS 336991
CYBRanked reasons a business in NAICS 336991, Motorcycle, Bicycle, and Parts Manufacturing, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.
- 01
Component failure puts the rider on the road.
- Frames, forks, brakes, and wheels fail with nothing protecting the rider.
- Injuries in this category are typically severe.
- Recall covers every unit from the affected production.
- ASK
- Could you identify which production runs contain a specific component lot?
- 02
Electric bicycle batteries cause fatal building fires.
- Batteries are charged indoors in living spaces.
- Fires in residential buildings have killed occupants.
- Local ordinances now require certification to specific standards.
- ASK
- Are your battery systems certified to the standards required by local ordinances?
- 03
Motorcycles are vehicles with federal recall obligations.
- Federal safety standards and defect jurisdiction apply.
- Recalls require owner notification and remedy.
- Late defect reporting carries civil penalties on top of the recall.
- ASK
- How are owner and registration records maintained for recall notification?
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