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The Safehold Special Risk Metals & Plastics Manufacturing and Machining Insurance program is specifically designed to meet the complex insurance needs of contract manufacturers and precision tooling operations. Built on ISO-based forms and enhanced with tailored endorsements, this program offers broad protection for businesses engaged in metalworking, precision machining, and plastics manufacturing.
Whether your client is a small job shop or a national facility with hundreds of employees, Safehold’s industry expertise ensures that each policy is underwritten by professionals who understand the unique exposures of this sector. The program is supported by responsive claims administration and flexible payment options, helping agents and brokers deliver valuable solutions to their insureds quickly and efficiently.
Ideal Accounts and Appetite
This program is ideal for:
Precision tool manufacturers
Plastics and rubber component manufacturers
Metal stamping, fabrication, and machining shops
OEM suppliers and contract manufacturers
Accounts should have solid risk management practices and a focus on manufacturing, assembly, or machining of metal or plastic components. The program can accommodate operations of various sizes, from regional machine shops to large-scale industrial manufacturers.
Coverage Highlights and Advantages
Core coverages include:
Property
General Liability
Product Liability
Commercial Auto
Workers' Compensation
Umbrella
Loss of Business Income
Equipment Breakdown
Inland Marine
Crime
Optional coverages and endorsements include:
Aviation Product Liability (subject to underwriter review)
Manufacturers Errors & Omissions (availability varies by state)
Customized enhancements for property, auto liability, and equipment breakdown
Loss control and risk management support, including four online defensive driving courses
Underwriting Notes
Each submission is reviewed by underwriters with deep experience in the metal and plastic manufacturing sector. While there is no stated minimum premium, underwriting appetite tends to favor businesses with sound operations and established safety protocols. Aviation and E&O exposures may require additional review and eligibility varies by state.
Territories and Availability
This program is available in most states, including AL, AK, AZ, AR, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, and WY. Coverage is offered on an admitted basis in some states.
Why Work With Safehold Special Risk?
Safehold Special Risk is a trusted program administrator with a strong focus on niche manufacturing industries. Their Metals & Plastics Manufacturing and Machining Insurance program combines industry-specific underwriting, customizable coverage, and responsive service to help agents and brokers protect complex commercial accounts.
You might have a client who operates a CNC machining facility supplying precision parts to the aerospace or medical device sector—Safehold can help tailor coverage for their unique exposures, including optional E&O and aviation product liability when eligible.
Frequently Asked Questions
What types of accounts are a good fit for this program?Ideal accounts include metalworking and plastics manufacturing businesses such as precision machining shops, stamping operations, and contract manufacturers.
Is aviation product liability included in the standard policy?No, aviation product liability is available as an optional endorsement and is subject to underwriter review and eligibility.
Can I access this program in all 50 states?The program is available in most states. Coverage is offered on an admitted basis in some, but not all, states. Check with Safehold for state-specific availability.
Are there risk management services included?Yes, the program includes loss control services and access to four online defensive driver courses to support client safety programs.
Who underwrites the policies in this program?Each policy is underwritten by specialists at Safehold Special Risk with expertise in the metalworking and plastics manufacturing industries.
Need help placing an account? Connect with a market specialist.