Metal Manufacturing Insurance Guide 2026: Coverage for Fabrication Shops

Quick Answer

Metal manufacturing operations face unique risks from heavy machinery, welding hazards, employee injuries, and product defects that require specialized insurance coverage.

Cost: $2,500-$5,000/year for small shops (1-10 employees), $8,000-$25,000 for mid-sized fabricators (11-50 employees), $35,000-$150,000+ for large manufacturing operations (51+ employees).

Best for:

Small Fabrication Shops: Hartford ($2,500-$6,000, BOP packages, competitive workers comp rates)
Mid-Sized Operations: Chubb ($8,000-$30,000, higher limits, equipment breakdown coverage)
Large Manufacturers: Chubb or Liberty Mutual ($35,000+, comprehensive coverage, multi-location support)

Bottom line: Metal manufacturing requires workers compensation, general liability, property insurance, and product liability coverage as a baseline. A single workplace injury can cost $50,000-$500,000, and product defect claims often exceed $1 million.

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Metal fabrication shops, machine shops, welding operations, and precision manufacturing facilities face a complex risk landscape that standard business insurance policies often fail to address adequately. From CNC machining accidents to welding flash fires, from repetitive stress injuries to product liability claims when a custom component fails, metal manufacturers need comprehensive coverage built for their specific operations.

The metal manufacturing industry encompasses everything from small custom fabrication shops producing one-off parts to large-scale operations manufacturing structural steel, automotive components, or aerospace parts. Each segment faces distinct risks, regulatory requirements, and insurance needs that demand careful evaluation and proper coverage selection.

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Understanding Metal Manufacturing Risks

Metal manufacturing operations combine several high-hazard activities that create significant insurance exposure. Heavy machinery operates continuously, workers handle hazardous materials, extreme temperatures from welding and heat treating create fire risks, and finished products must meet exacting specifications to avoid liability claims.

Physical Hazards and Workplace Injuries

Metal manufacturing consistently ranks among the most dangerous industries for workplace injuries. According to the Bureau of Labor Statistics, metal fabrication shops experience injury rates 40-60% higher than the national average for all private industries. Common injuries include lacerations from sharp metal edges, burns from welding operations, crush injuries from press brakes and stamping equipment, repetitive stress injuries from grinding and finishing work, and respiratory issues from metal dust and welding fumes.

The Occupational Safety and Health Administration reports that metal manufacturing facilities face frequent citations for machine guarding violations, lockout/tagout non-compliance, hazard communication deficiencies, and respiratory protection inadequacies. Each of these violations represents an injury waiting to happen and a potential workers compensation claim.

Workers compensation costs for metal manufacturers typically run 3-8% of total payroll, significantly higher than most service industries. Welders, machine operators, and material handlers carry the highest injury rates and corresponding insurance premiums. A single severe injury requiring surgery and extended recovery can generate claims exceeding $250,000 when medical costs, lost wages, and potential permanent disability payments are factored together.

Equipment and Property Exposure

Metal manufacturing facilities house expensive specialized equipment that represents significant capital investment. CNC machines, laser cutters, plasma cutters, press brakes, welding equipment, and overhead cranes can each cost $50,000 to $500,000 or more. A fire originating from welding sparks or electrical malfunction can destroy millions of dollars in equipment and inventory within hours.

Beyond direct equipment damage, business interruption following a major loss can prove catastrophic. Metal fabrication shops often operate on tight delivery schedules for customers who rely on their components. A fire that shuts down production for 3-6 months while equipment is replaced and facilities are rebuilt can destroy customer relationships and market position even if property insurance covers the physical damage.

Hartford and Chubb both offer equipment breakdown coverage as an endorsement to commercial property policies, protecting against mechanical breakdown, electrical arcing, and steam boiler explosions that standard property policies exclude. This coverage proves particularly valuable for older manufacturing equipment that may fail without warning.

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Product Liability Concerns

When your manufactured components become part of a larger assembly or structure, product liability exposure multiplies. A defective bracket that causes a construction collapse, a faulty automotive component that contributes to an accident, or an improperly heat-treated part that fails under stress can generate liability claims in the millions.

Product liability claims in metal manufacturing often involve allegations of design defects, manufacturing defects, or failure to warn about proper use limitations. Even when your shop manufactures to customer specifications, liability can still attach if the finished product proves dangerous or fails to meet implied fitness standards.

Both Hartford and Chubb include products-completed operations coverage in their general liability policies, but manufacturers working in high-risk sectors like aerospace, automotive, or medical devices often need higher limits than standard policies provide. Chubb's excess liability coverage can extend total limits to $25 million or more for manufacturers with significant product exposure.

Environmental and Pollution Liability

Metal manufacturing generates various waste streams that create environmental liability. Cutting fluids, degreasing solvents, paint and coating materials, and metal grinding dust all require proper handling and disposal. Spills of oil or chemicals can contaminate soil and groundwater, triggering expensive cleanup requirements under federal and state environmental regulations.

Standard general liability policies exclude pollution liability, requiring separate environmental coverage. Even small fabrication shops face exposure from historical operations. Properties previously used for metal manufacturing often have soil contamination from decades-old practices that current owners inherit as cleanup responsibility.

Hartford offers environmental liability coverage through specialized pollution liability policies, while Chubb includes limited pollution coverage in their general liability policies for metal manufacturers. Shops using significant volumes of chemicals or those located on previously contaminated sites need standalone pollution liability policies with limits typically ranging from $1 million to $5 million.

Essential Coverage Types for Metal Manufacturers

Metal manufacturing operations require a carefully structured insurance program that addresses both common business risks and industry-specific exposures. Most fabrication shops need at least five core coverage types, with additional specialized policies depending on their specific operations.

Workers Compensation Insurance

Workers compensation insurance stands as the most critical coverage for metal manufacturers, protecting both the business and injured employees. This mandatory coverage pays medical expenses, rehabilitation costs, and lost wages for work-related injuries and occupational diseases, while also providing employer liability protection against lawsuits by injured workers.

For metal manufacturers, workers compensation rates vary significantly based on job classifications. Welders typically carry rates of $8-$15 per $100 of payroll, machine operators $6-$12 per $100, and office staff $0.50-$2 per $100. A shop with $1 million in total payroll and 70% manufacturing workers can expect annual workers compensation premiums of $50,000-$80,000 or more depending on experience modification factors and state rates.

Hartford has built strong relationships with metal manufacturing businesses, offering competitive workers compensation rates and comprehensive safety engineering services. Their loss control specialists conduct facility assessments, recommend machine guarding improvements, and provide safety training programs that help reduce injuries and control premium costs over time.

Chubb takes a more selective underwriting approach, targeting well-managed operations with strong safety records. Their workers compensation policies include access to nurse triage services, modified duty coordination, and return-to-work programs that minimize claim costs and help injured workers recover faster.

Both carriers reward loss-free experience with premium discounts and experience modification factors below 1.0. Manufacturers with strong safety programs and effective claims management can reduce workers compensation costs by 20-40% compared to industry averages.

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General Liability Insurance

Commercial general liability insurance protects metal manufacturers from third-party claims for bodily injury, property damage, personal injury, and advertising injury. For fabrication shops, general liability responds to scenarios like a customer injured by equipment while touring your facility, property damage caused by your employee during an installation, or allegations of copyright infringement on custom designs.

Standard general liability policies provide $1 million per occurrence limits and $2 million aggregate limits. Metal manufacturers working on large commercial projects or serving customers with insurance requirement specifications often need higher limits of $2 million per occurrence or more. Hartford and Chubb both offer occurrence-based coverage that protects against claims arising from past work, even after policies expire.

Products-completed operations coverage within general liability policies proves especially important for metal manufacturers. This coverage responds to claims arising after products leave your control. If a custom steel bracket you fabricated fails and causes property damage or injury months or years after installation, products liability coverage pays defense costs and settlements or judgments.

Both Hartford and Chubb include products liability in their standard general liability policies, but aggregate limits apply. Manufacturers with significant product exposure may need to purchase separate products liability policies or excess coverage to ensure adequate protection. Annual general liability premiums for metal manufacturers typically range from $2,000-$8,000 for basic operations, with costs scaling up based on revenue, number of employees, and types of products manufactured.

Commercial Property Insurance

Commercial property insurance protects buildings, equipment, inventory, and business personal property from covered perils including fire, theft, vandalism, and weather damage. For metal manufacturers, property insurance represents significant value given the capital intensity of fabrication equipment and the large inventory values common in production operations.

Hartford's commercial property policies cover real property, machinery and equipment, raw materials and work in progress, finished goods inventory, and business personal property including office equipment and supplies. Replacement cost valuation ensures that damaged equipment can be replaced with new items rather than depreciated actual cash value settlements.

Chubb takes this a step further with agreed value coverage that eliminates coinsurance penalties. Standard property policies include coinsurance clauses requiring insureds to carry coverage equal to 80% or 90% of property value or face reduced claim payments. Agreed value coverage waives this requirement when you provide detailed property appraisals upfront, eliminating disputes about whether you carried adequate coverage limits.

Equipment breakdown coverage extends property insurance to cover mechanical breakdown, electrical issues, and boiler explosions that standard property policies exclude. For metal manufacturers with expensive CNC equipment, laser cutters, or steam systems, equipment breakdown coverage provides critical protection. Hartford offers this as a standard endorsement, while Chubb includes it automatically in their commercial property policies for manufacturing risks.

Business interruption insurance pays for lost income and continuing expenses when property damage forces business closure. Metal fabrication shops often face 2-6 month rebuilding periods following major fires or equipment failures. Business interruption coverage bridges this gap, paying lost profits and fixed expenses like rent, loan payments, and salaries for key employees during the recovery period.

Annual property insurance premiums vary significantly based on building construction, fire protection, location, and property values. A metal fabrication shop operating in a non-combustible building with sprinkler systems might pay $3,000-$8,000 annually to insure $500,000-$1 million in property values, while older facilities in poor fire protection districts could face 2-3 times those rates.

Coverage Type	What It Covers	Typical Limits	Annual Cost
Workers Compensation	Employee injuries, occupational diseases, employer liability	Statutory limits per state	$15,000-$80,000+
General Liability	Third-party injury, property damage, products liability	$1M-$2M per occurrence	$2,000-$8,000
Commercial Property	Buildings, equipment, inventory, business interruption	Actual property value	$3,000-$15,000
Commercial Auto	Company vehicles, employee-owned vehicle use	$1M per accident typical	$1,500-$5,000 per vehicle
Umbrella/Excess	Additional limits above primary policies	$1M-$10M+	$1,000-$5,000

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Commercial Auto Insurance

Most metal manufacturers operate delivery trucks, service vehicles, or company cars that require commercial auto insurance. Even if you don't own vehicles, hired and non-owned auto coverage protects against liability when employees use personal vehicles for business purposes or rent vehicles for company use.

Commercial auto policies provide liability coverage for bodily injury and property damage caused by covered vehicles, physical damage coverage for owned vehicles, medical payments coverage for occupants injured in accidents, and uninsured/underinsured motorist coverage protecting against drivers with inadequate insurance.

Hartford's commercial auto policies include rental reimbursement, towing and labor coverage, and hired auto coverage automatically. Their commercial auto rates for service vehicles and light trucks typically run $1,500-$3,000 per vehicle annually, with costs varying based on driving records, vehicle types, and coverage limits selected.

Chubb offers comprehensive commercial auto coverage with higher liability limits and enhanced physical damage protection. For metal manufacturers operating expensive service trucks with mounted equipment or specialized delivery vehicles, Chubb's agreed value coverage eliminates depreciation deductions for total losses.

Umbrella and Excess Liability

Umbrella liability policies provide additional limits above underlying general liability, auto liability, and employer liability coverages. For metal manufacturers facing significant product liability exposure or working on large commercial projects with stringent insurance requirements, umbrella coverage delivers economical additional protection.

Hartford's umbrella policies provide $1-$5 million in additional limits for approximately $1,000-$3,000 annually when layered over adequate primary coverage. Chubb offers excess liability coverage from $5 million to $25 million or more for manufacturers with substantial exposure, with pricing varying based on operations, revenue, and underlying coverage limits.

Umbrella coverage proves particularly valuable because it protects against catastrophic claims that could otherwise bankrupt the business. A product liability claim involving multiple injuries or a vehicle accident with several injured parties can quickly exhaust $1 million primary liability limits. Umbrella coverage fills this gap, providing defense costs and claim payments for covered losses exceeding underlying policy limits.

Comparing Hartford vs. Chubb for Metal Manufacturing

Both Hartford and Chubb write metal manufacturing risks, but they target different market segments and offer distinct advantages. Understanding these differences helps fabrication shops select the carrier that best matches their operations, risk profile, and coverage needs.

Hartford: Competitive Pricing and Manufacturing Expertise

Hartford has deep experience insuring metal manufacturing operations across all size ranges, from small 2-3 person welding shops to mid-sized fabricators with 100+ employees. Their manufacturing practice has developed specialized underwriting guidelines, loss control resources, and claims handling expertise for metal fabrication risks.

Hartford's pricing typically runs 10-20% below Chubb for comparable coverage, making them attractive to cost-conscious manufacturers without compromising coverage quality. Their Business Owner's Policy (BOP) packages combine property and liability coverage for small to mid-sized operations with streamlined underwriting and competitive premiums. A small fabrication shop with $1 million in revenue might obtain complete BOP coverage from Hartford for $4,000-$7,000 annually.

The carrier provides robust loss control services including on-site safety assessments, machine guarding recommendations, hazard communication program reviews, and safety training resources. For manufacturers struggling with workers compensation costs, Hartford's loss control engineers identify specific exposures and recommend practical improvements that reduce injuries and moderate premium growth over time.

Hartford's claims handling emphasizes quick response and fair settlements. Their network of claims adjusters includes specialists familiar with manufacturing operations who understand equipment values, production processes, and business interruption calculations. This expertise translates to faster claim settlements and fewer coverage disputes.

The carrier also offers flexibility with coverage endorsements and policy terms. Manufacturers can add hired and non-owned auto coverage, waive subrogation for specific contracts, add additional insureds as required by customer agreements, and customize property and liability limits to match specific exposures.

Chubb: Premium Coverage and Higher Limits

Chubb positions itself as the premium carrier for well-managed manufacturing operations that require higher limits, broader coverage, and enhanced claim service. Their underwriting focuses on quality risks with strong safety records, modern equipment, and sophisticated management.

Chubb's manufacturing policies include several coverage enhancements standard or available by endorsement that Hartford doesn't match. These include agreed value property coverage eliminating coinsurance penalties, blanket coverage allowing loss payments to apply across multiple buildings or locations without specific allocation, replacement cost coverage on buildings and equipment without depreciation, and equipment breakdown coverage included automatically.

For product liability exposure, Chubb offers substantially higher limits and broader territorial coverage than most carriers. Manufacturers supplying automotive, aerospace, or medical device industries often need $5-$10 million or more in products liability coverage. Chubb structures these programs seamlessly, combining general liability, excess liability, and specialized products liability coverage in coordinated policies.

Chubb's claim service sets industry standards, with dedicated claim professionals, fast response to reported losses, and fair valuation of complex manufacturing claims. Their business interruption claim handling includes forensic accountants and business income specialists who understand manufacturing economics and calculate fair loss of income settlements.

The premium for Chubb's enhanced coverage typically runs 15-30% higher than Hartford for comparable limits, but manufacturers with complex exposures, high property values, or significant product liability often find the additional investment worthwhile for the broader coverage and superior claim service.

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Factor	Hartford	Chubb
Target Market	Small to mid-sized fabricators, broad appetite	Well-managed operations, quality risks
Pricing	Competitive, 10-20% below Chubb typically	Premium pricing, broader coverage justifies cost
Coverage Breadth	Standard ISO forms, common endorsements	Enhanced coverage, agreed value, blanket limits
Liability Limits	Up to $5M with umbrella	Up to $25M+ for complex risks
Loss Control	Comprehensive safety engineering services	Risk engineering for larger accounts
Claims Service	Efficient, manufacturing-knowledgeable adjusters	Premium service, specialized expertise
Best For	Cost-conscious shops, standard operations	Complex exposures, high limits, premium claims service

Cost Factors and Premium Drivers

Insurance costs for metal manufacturers vary significantly based on specific operations, safety practices, loss history, and coverage selections. Understanding the key premium drivers helps fabrication shops manage insurance expenses and identify opportunities for cost reduction.

Employee Count and Payroll

Workers compensation premiums scale directly with payroll, making employee count and wage levels the primary cost driver for most manufacturers. Classification codes matter significantly - welders carry higher rates than office staff, and fabrication workers cost more to insure than warehouse personnel.

Manufacturers can manage workers compensation costs through several strategies including implementing effective safety programs to reduce injury frequency, using experience modification factors to reward loss-free periods with premium discounts, and accurately classifying employees to avoid overpaying for misclassified workers.

Revenue and Operations Scale

General liability and property insurance premiums increase with revenue and operational scale. Larger manufacturers with more production volume face greater exposure to product liability claims, while extensive equipment inventories drive higher property insurance costs.

Hartford and Chubb both use revenue as a rating factor for general liability coverage, though the relationship isn't strictly linear. A manufacturer growing from $2 million to $4 million in revenue won't see liability premiums double if the product mix and customer base remain consistent.

Loss History

Prior claims drive insurance costs more than any other single factor. Manufacturers with frequent workers compensation claims face experience modification factors above 1.0 that increase premiums 20-50% or more. Similarly, property claims, liability lawsuits, and auto accidents trigger rate increases at renewal.

Building a loss-free track record delivers substantial savings over time. Three to five years without significant claims can reduce overall insurance costs 15-30% compared to industry averages. Both Hartford and Chubb reward good loss experience with competitive renewal terms and expanded coverage options.

Coverage Limits and Deductibles

Higher liability limits, lower deductibles, and broader coverage all increase premiums. Manufacturers must balance adequate protection against premium budgets, ensuring sufficient coverage for major losses while using deductibles to manage smaller claims and moderate costs.

Increasing general liability limits from $1 million to $2 million per occurrence typically adds 30-50% to base premiums, while umbrella coverage delivers additional millions in protection for relatively modest additional premium. Property deductibles of $5,000-$10,000 instead of $1,000 can reduce premiums 15-25% for manufacturers willing to retain more risk.

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Risk Management Strategies

Effective risk management reduces both insurance costs and the likelihood of losses that insurance doesn't fully cover. Metal manufacturers implementing comprehensive safety and loss prevention programs often achieve dramatic improvements in claims experience and corresponding premium reductions.

Machine Guarding and Lockout/Tagout

Proper machine guarding prevents the most severe manufacturing injuries. Press brakes, punch presses, grinders, and other power equipment must have guards preventing employee contact with moving parts, pinch points, and cutting surfaces. OSHA standards specify guarding requirements, and violations generate both citations and elevated injury risk.

Lockout/tagout procedures prevent machinery from energizing unexpectedly during maintenance and repair. Written procedures, proper locks and tags, employee training, and periodic audits ensure compliance and prevent the crushing injuries and amputations that occur when equipment starts while workers perform servicing.

Hartford's loss control engineers conduct machine guarding assessments identifying specific deficiencies and recommending practical improvements. Many manufacturers discover guarding gaps they didn't recognize, implementing fixes that prevent injuries and demonstrate commitment to safety that underwriters reward with better pricing.

Welding Safety and Fire Prevention

Welding operations create multiple hazards including arc flash burns, respiratory exposure to metal fumes, fire ignition from sparks and slag, and electric shock. Comprehensive welding safety programs address each exposure through proper equipment, work procedures, and environmental controls.

Fire prevention proves particularly critical. Welding sparks travel 35 feet or more, igniting combustible materials far from work areas. Fire watch procedures, proper hot work permits, spark shields, and cleared work zones prevent the fires that generate the costliest property claims for metal manufacturers.

Ergonomics and Repetitive Motion

Repetitive motion injuries from grinding, deburring, material handling, and assembly work generate significant workers compensation costs that don't involve dramatic accidents. Carpal tunnel syndrome, tendinitis, and back injuries from frequent lifting accumulate gradually but create substantial claim costs and lost productivity.

Ergonomic improvements including adjustable work surfaces, pneumatic assists for heavy lifting, job rotation to vary tasks, and proper tool selection reduce repetitive motion injuries significantly. These investments often pay for themselves through reduced workers compensation premiums within 2-3 years.

Product Quality Control

Quality control systems preventing defective products from reaching customers eliminate product liability exposure at the source. Comprehensive inspection procedures, statistical process controls, metallurgical testing, and documented quality procedures demonstrate the commitment to product quality that both prevents claims and provides strong defenses when claims do occur.

Both Hartford and Chubb consider quality management systems when underwriting product liability. Manufacturers with ISO 9001 certification or equivalent quality programs often receive better rates and higher available limits than shops without formal quality controls.

Regulatory Compliance Requirements

Metal manufacturers face extensive regulatory requirements affecting insurance coverage and risk management obligations. Compliance with occupational safety, environmental, and industry-specific regulations protects both workers and the business while demonstrating the risk management commitment that insurers reward with competitive terms.

OSHA Standards

Occupational Safety and Health Administration regulations govern workplace safety across all metal manufacturing operations. Key OSHA standards for fabrication shops include machine guarding requirements, lockout/tagout procedures, hazard communication programs, respiratory protection, hearing conservation, and fall protection for elevated work.

OSHA enforcement includes both scheduled inspections and complaint-driven investigations. Violations generate financial penalties and expose deficiencies that increase both injury risk and workers compensation costs. Maintaining OSHA compliance demonstrates risk management competence that insurers recognize with better pricing and expanded coverage options.

EPA Environmental Requirements

Environmental Protection Agency regulations govern waste management, air emissions, and hazardous material handling. Metal manufacturers must properly store and dispose of cutting fluids, solvents, paints, and other hazardous materials. Air quality permits may be required for welding fumes, grinding dust, or paint booth emissions.

Spill prevention control and countermeasure plans, stormwater pollution prevention plans, and hazardous waste manifests demonstrate environmental compliance. These programs protect against costly cleanup liability and potential criminal prosecution for knowing violations.

State and Local Requirements

State and local regulations often exceed federal minimums. Some states require additional workplace safety measures, enhanced environmental protections, or specific insurance coverages beyond federal mandates. Manufacturers operating in multiple states must understand varying requirements across jurisdictions.

Building codes, fire codes, and zoning regulations also affect manufacturing operations. Compliance with local fire marshal requirements for hot work permits, fire suppression systems, and combustible material storage prevents citations and reduces property insurance costs through loss prevention credits.

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Selecting the Right Coverage

Choosing appropriate insurance coverage for metal manufacturing operations requires balancing adequate protection against premium costs while ensuring policies address the specific risks your operations face. Working with an experienced commercial insurance broker familiar with manufacturing risks delivers better outcomes than attempting to navigate complex coverage decisions independently.

Assessing Your Specific Exposures

Start by documenting your operations in detail. What types of metal fabrication do you perform? What equipment do you operate? How many employees work in different functions? What products do you manufacture and who are your customers? What are your annual revenues and projected growth?

Understanding these fundamentals allows insurers to properly underwrite your risk and propose appropriate coverage. Manufacturers often discover exposures they hadn't fully considered, such as product liability for custom-fabricated structural components or pollution exposure from historical operations on purchased properties.

Working With Specialized Brokers

Manufacturing insurance requires technical expertise that general insurance agents often lack. Specialized commercial brokers understand manufacturing classifications, proper coverage structures, and carrier appetites for different types of fabrication operations.

Quality brokers market your risk to multiple carriers including Hartford and Chubb, obtaining competitive quotes and comparing coverage differences. They explain policy language, identify coverage gaps, and recommend appropriate limits based on your specific exposures rather than simply selling whatever coverage you request.

Coverage Limit Considerations

Determining appropriate coverage limits involves analyzing potential loss scenarios and balancing protection against premium costs. General liability limits of $1-$2 million per occurrence prove adequate for most small to mid-sized fabricators, while larger operations or those working on major commercial projects may need $5 million or more through umbrella policies.

Property insurance limits should reflect actual replacement costs, not depreciated values or original purchase prices. Equipment purchased years ago for $100,000 may cost $200,000 to replace today. Underinsuring property creates coinsurance penalties that reduce claim payments proportionally.

Workers compensation provides statutory benefits without dollar limits, but employer liability coverage protecting against lawsuits by injured workers typically carries $500,000-$1 million limits. Umbrella policies often include employer liability in their coverage, providing additional protection above underlying workers compensation policies.

Bottom Line

Metal manufacturing operations face complex risks requiring specialized insurance coverage beyond standard business policies. Workers compensation, general liability, property insurance, commercial auto, and umbrella coverage form the foundation, with additional specialized policies needed for pollution liability, cyber exposure, and other specific risks depending on operations.

Hartford offers competitive pricing, broad appetite for various fabrication operations, and comprehensive loss control services that help manufacturers manage workers compensation costs and improve safety performance. Their manufacturing expertise and efficient claims handling make them an excellent choice for small to mid-sized fabrication shops seeking quality coverage at reasonable prices.

Chubb provides premium coverage with higher available limits, broader policy forms, and enhanced claims service that justifies their higher premiums for complex operations with significant exposures. Manufacturers serving demanding industries, operating expensive specialized equipment, or requiring high liability limits often find Chubb's coverage enhancements worth the additional investment.

The optimal carrier choice depends on your specific operations, risk profile, coverage needs, and budget. Working with a knowledgeable commercial insurance broker who can market your risk to both Hartford and Chubb ensures you obtain appropriate coverage at competitive rates while avoiding gaps that could leave you exposed to significant losses.

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Sources

U.S. Bureau of Labor Statistics. "Injuries, Illnesses, and Fatalities: Manufacturing Industry." BLS.gov. https://www.bls.gov/iif/
Occupational Safety and Health Administration. "Machine Guarding Requirements." OSHA.gov. https://www.osha.gov/machine-guarding
National Council on Compensation Insurance. "Workers Compensation Class Codes for Manufacturing." NCCI.com. https://www.ncci.com/
Environmental Protection Agency. "Waste Management Requirements for Manufacturing." EPA.gov. https://www.epa.gov/
Insurance Information Institute. "Commercial Property and Casualty Insurance." III.org. https://www.iii.org/
Hartford Insurance. "Manufacturing Industry Insurance Solutions." https://www.thehartford.com/
Chubb Insurance. "Manufacturing Business Insurance." https://www.chubb.com/