Overview — Amwins Underwriting Scrap Metal Insurance Program
With more than 30 years of experience writing scrap and recycling risks, Amwins Program Underwriters — part of Amwins Underwriting — offers a dedicated insurance program for scrap metal dealers and automotive recyclers. The Scrap Metal Dealers program is distributed through a select group of retail brokers and is available in most states. Coverage is underwritten by experienced specialists who understand the operational, property and liability exposures unique to the scrap metal sector.
Program availability
Available in all U.S. states except: AK, HI & MA.
Ideal accounts and appetite
This program is designed for established, professionally run scrap operations, including:
- Businesses that process and sell ferrous and non-ferrous metal scrap
- Scrap recycling facilities
- Automotive dismantlers and auto recyclers
- Self-service yards and salvage operations
Typical fit: operations with documented procedures for inventory control, secure yards, accepted pollution controls, and experienced management. Accounts with high-value or complex environmental exposures, large barge or rail handling, or uninsured prior losses should be submitted for pre-review.
Coverage highlights
The program offers a broad package of coverages to address common exposures for scrap dealers:
- General liability (including premises and products exposure)
- Property (buildings, contents, stock and outdoor property)
- Inland marine (materials handling, mobile equipment and transportation exposures)
- Crime and inventory theft coverage
- Conversion protection for inventory losses
- Cyber liability
- Equipment breakdown
- Umbrella liability limits
- Workers’ compensation — click here to learn more
For full program details and forms, see the program page on Amwins’ site: Scrap Metal Dealers program.
Underwriting notes and minimum premium
Underwriters look for clear inventory controls, secure storage and sound yard management. Key submission items typically include loss runs, photos of the yard and storage practices, a list of owned and leased equipment, and descriptions of processing/handling operations. Minimum premium: Varies by state and exposure; final pricing is subject to underwriting review.
Territories and admitted status
The program is available in the states listed above. Coverage is offered on an admitted basis where the program carrier and state regulations permit.
Why place this business with Amwins Underwriting
- Niche underwriting expertise in scrap and automotive recycling risks
- Comprehensive package options that address the mix of property, liability and inland marine exposures common to scrap dealers
- Distribution through a select retail broker network that helps ensure submissions are complete and competitive
- Endorsement by the Automotive Recyclers Association (ARA), signalling market acceptance in the automotive recycling community
Example accounts that fit this program
- A family-owned auto dismantler that operates a secure self-service yard, maintains inventory controls, and wants combined property, liability and inland marine coverage.
- A regional scrap recycler that processes ferrous and non-ferrous metals, uses forklifts and conveyors, and needs equipment breakdown and conversion coverage in addition to package limits.
To learn more about property & casualty solutions for scrap metal dealers, please visit the program page on Amwins’ website: please visit our website.