Source: Nationwide – Manufacturing Insurance
Nationwide: Manufacturing Insurance Appetite
Nationwide handles light to medium manufacturing well – food production, consumer goods, metal fabrication, and plastics. Their loss control services add value for manufacturing accounts with workers' comp exposure. For heavy industrial or high-hazard manufacturing, CNA or Travelers will provide broader terms.
Available Lines
| Line of Business |
|---|
| General Liability |
| Business Owners Policy (BOP) |
| Workers' Compensation |
| Commercial Auto |
| Commercial Property |
| Inland Marine |
| Umbrella/Excess |
Premium Range
$4,000-$18,000
Typical annual premium
Target States
All 50 states and DC
Key Features
- Product liability included in GL for manufactured goods
- Equipment breakdown coverage with mechanical and electrical failure
- Commercial property with business income and contingent business income
- Workers' comp with safety consultation and loss control services
- Inland marine for goods in transit to distributors and retailers
Limitations
- Chemical manufacturing, explosives, and hazardous materials excluded
- Operations with environmental exposure require pollution liability add-on
- Manufacturers with over $25M revenue need commercial package policy
Compare Other Carriers for Manufacturing
$4,000-$15,000
$10,000-$75,000
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$5,000-$50,000
$5,000-$40,000
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$3,000-$25,000
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Not available
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$1,000-$10,000
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