Manufacturing insurance costs an average of $55 monthly, ranging from $33 to $69 based on coverage types and location factors.
Get matched with cheap manufacturing business insurance below.
Updated: November 12, 2025
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Manufacturing business insurance costs range from $606 to $825 annually on average, depending on your coverage type, state and sub-industry.
Your manufacturing insurance premiums depend on location, claims history, services and employee count.
Shop multiple business insurers, bundle policies, increase deductibles and pay annually to find affordable manufacturing business insurance costs.
We found average business insurance costs for manufacturing companies for commonly needed coverage are as follows:
| BOP | $38 | $454 |
| General Liability | $65 | $782 |
| Professional Liability (E&O) | $60 | $716 |
| Workers' Comp | $59 | $708 |
Note: We based these rates on small businesses with two employees across 79 major industries, focusing on four coverage types: general liability, professional liability/errors and omissions (E&O), workers' comp and business owner's policy. Your actual rates will vary based on your specific business factors and location.
Select your industry and state to get a customized quote.
Your manufacturing business insurance cost for general liability insurance depends on location. Maine offers the lowest rates at $56 monthly compared to the $65 national average, while Hawaii costs $96 monthly.
| Alabama | $63 | $756 |
| Alaska | $83 | $996 |
| Arizona | $61 | $733 |
| Arkansas | $62 | $740 |
| California | $71 | $858 |
| Colorado | $64 | $764 |
| Connecticut | $70 | $837 |
| Delaware | $69 | $828 |
| Florida | $69 | $834 |
| Georgia | $65 | $783 |
| Hawaii | $96 | $1,149 |
| Idaho | $61 | $731 |
| Illinois | $70 | $845 |
| Indiana | $63 | $752 |
| Iowa | $61 | $734 |
| Kansas | $62 | $749 |
| Kentucky | $60 | $718 |
| Louisiana | $85 | $1,018 |
| Maine | $56 | $667 |
| Maryland | $61 | $736 |
| Massachusetts | $67 | $808 |
| Michigan | $61 | $730 |
| Minnesota | $60 | $723 |
| Mississippi | $65 | $774 |
| Missouri | $64 | $762 |
| Montana | $64 | $767 |
| Nebraska | $61 | $730 |
| Nevada | $73 | $875 |
| New Hampshire | $64 | $767 |
| New Jersey | $73 | $872 |
| New Mexico | $65 | $775 |
| New York | $74 | $886 |
| North Carolina | $56 | $667 |
| North Dakota | $56 | $670 |
| Ohio | $60 | $716 |
| Oklahoma | $65 | $783 |
| Oregon | $60 | $717 |
| Pennsylvania | $74 | $884 |
| Rhode Island | $71 | $846 |
| South Carolina | $66 | $794 |
| South Dakota | $60 | $721 |
| Tennessee | $63 | $752 |
| Texas | $65 | $777 |
| Utah | $61 | $736 |
| Vermont | $62 | $740 |
| Virginia | $59 | $703 |
| Washington | $73 | $875 |
| West Virginia | $67 | $808 |
| Wisconsin | $63 | $757 |
| Wyoming | $59 | $713 |
Note: We based these general liability rates on manufacturing businesses with two employees across different states. Your rates will vary based on your location, claims history and the services you provide.
The cost of workers' compensation insurance for manufacturing businesses differs across states. North Carolina offers rates as low as $50 monthly, while New York reaches $69 monthly. State regulations and regional claim histories affect these pricing differences.
| Alabama | $58 |
| Alaska | $53 |
| Arizona | $56 |
| Arkansas | $56 |
| California | $66 |
| Colorado | $58 |
| Connecticut | $64 |
| Delaware | $64 |
| Florida | $64 |
| Georgia | $59 |
| Hawaii | $62 |
| Idaho | $56 |
| Illinois | $64 |
| Indiana | $58 |
| Iowa | $56 |
| Kansas | $57 |
| Kentucky | $55 |
| Louisiana | $67 |
| Maine | $51 |
| Maryland | $56 |
| Massachusetts | $62 |
| Michigan | $56 |
| Minnesota | $55 |
| Mississippi | $59 |
| Missouri | $58 |
| Montana | $58 |
| Nebraska | $56 |
| Nevada | $67 |
| New Hampshire | $58 |
| New Jersey | $67 |
| New Mexico | $60 |
| New York | $69 |
| North Carolina | $50 |
| Oklahoma | $56 |
| Oregon | $55 |
| Pennsylvania | $68 |
| Rhode Island | $65 |
| South Carolina | $60 |
| South Dakota | $55 |
| Tennessee | $58 |
| Texas | $60 |
| Utah | $56 |
| Vermont | $57 |
| Virginia | $54 |
| West Virginia | $62 |
| Wisconsin | $58 |
Note: We based these workers' comp rates on manufacturing businesses with two employees across different states. Your workers' comp requirements and costs will vary by state since each has different regulations.
Professional liability costs shift by state. Coverage averages $60 monthly nationwide. Maine runs cheapest at $52 monthly. Washington runs priciest at $69 monthly.
| Alabama | $59 |
| Alaska | $54 |
| Arizona | $57 |
| Arkansas | $57 |
| California | $66 |
| Colorado | $59 |
| Connecticut | $65 |
| Delaware | $65 |
| Florida | $65 |
| Georgia | $61 |
| Hawaii | $62 |
| Idaho | $57 |
| Illinois | $67 |
| Indiana | $58 |
| Iowa | $58 |
| Kansas | $57 |
| Kentucky | $57 |
| Louisiana | $67 |
| Maine | $52 |
| Maryland | $57 |
| Massachusetts | $64 |
| Michigan | $56 |
| Minnesota | $57 |
| Mississippi | $60 |
| Missouri | $58 |
| Montana | $59 |
| Nebraska | $57 |
| Nevada | $67 |
| New Hampshire | $59 |
| New Jersey | $66 |
| New Mexico | $59 |
| New York | $67 |
| North Carolina | $52 |
| North Dakota | $53 |
| Ohio | $56 |
| Oklahoma | $55 |
| Oregon | $54 |
| Pennsylvania | $68 |
| Rhode Island | $66 |
| South Carolina | $62 |
| South Dakota | $56 |
| Tennessee | $57 |
| Texas | $60 |
| Utah | $56 |
| Vermont | $57 |
| Virginia | $55 |
| Washington | $69 |
| West Virginia | $63 |
| Wisconsin | $60 |
| Wyoming | $56 |
Note: We based these professional liability rates on manufacturing businesses with two employees across different states. Your actual rates will depend on your services offered and location.
Your manufacturing business insurance costs depend heavily on your state, with business owner's policy coverage showing the biggest price differences across the country. BOP insurance cost ranges from $33 in North Carolina to $45 in Louisiana for the same coverage.
| Alabama | $37 |
| Alaska | $35 |
| Arizona | $36 |
| Arkansas | $37 |
| California | $43 |
| Colorado | $37 |
| Connecticut | $41 |
| Delaware | $40 |
| Florida | $41 |
| Georgia | $38 |
| Hawaii | $41 |
| Idaho | $35 |
| Illinois | $42 |
| Indiana | $37 |
| Iowa | $36 |
| Kansas | $37 |
| Kentucky | $35 |
| Louisiana | $45 |
| Maine | $34 |
| Maryland | $35 |
| Massachusetts | $40 |
| Michigan | $36 |
| Minnesota | $36 |
| Mississippi | $37 |
| Missouri | $38 |
| Montana | $37 |
| Nebraska | $36 |
| Nevada | $43 |
| New Hampshire | $38 |
| New Jersey | $42 |
| New Mexico | $38 |
| New York | $44 |
| North Carolina | $33 |
| North Dakota | $33 |
| Ohio | $35 |
| Oklahoma | $36 |
| Oregon | $35 |
| Pennsylvania | $44 |
| Rhode Island | $41 |
| South Carolina | $39 |
| South Dakota | $36 |
| Tennessee | $37 |
| Texas | $39 |
| Utah | $35 |
| Vermont | $36 |
| Virginia | $35 |
| Washington | $43 |
| West Virginia | $40 |
| Wisconsin | $38 |
| Wyoming | $35 |
Note: We based these BOP rates on manufacturing businesses with two employees across different states. Your actual rates will vary based on your business size, location, and coverage needs.
Manufacturing business insurance costs vary widely by provider, ranging from $39 to $145 monthly. Insurance companies target specific market segments based on profitability and coverage expansion opportunities, which shift over time.
| Chubb | $53 | $634 |
| Coverdash | $50 | $603 |
| Hiscox | $47 | $566 |
| NEXT Insurance | $41 | $486 |
| Nationwide | $44 | $532 |
| Progressive Commercial | $45 | $536 |
| Simply Business | $45 | $536 |
| The Hartford | $39 | $472 |
| Thimble | $145 | $1,743 |
| biBERK | $42 | $509 |
Manufacturing business insurance costs depend on multiple factors insurers review when determining your policy rates:
Facility placement affects rates through natural disaster exposure and regional claim trends. Plants in earthquake zones, tornado alleys or coastal flood areas pay steeper premiums than operations in geographically stable regions.
Workplace accidents and product recalls leave lasting marks on your insurance profile. A serious machine injury or defective product claim can push your premiums upward for years while also triggering closer underwriting scrutiny.
What rolls off your production line determines your liability exposure fundamentally. Making children's toys or food products brings intense regulatory oversight and recall risk compared to producing industrial components or packaging materials.
Manufacturing environments generate workers' comp expenses due to machinery and material handling risks. Facilities employing dozens of production workers have substantially higher premiums than small-batch operations with minimal staff.
Production volume and sales figures signal your overall exposure to insurers. A small shop doing $500,000 in annual sales operates at completely different risk levels than a regional manufacturer shipping $10 million in products yearly.
Product liability limits should align with worst-case recall or injury scenarios. Manufacturers serving consumers directly often need $5 million or more in coverage, while B2B component suppliers might manage with lower limits at reduced premium costs.
Specialized machinery and building improvements represent enormous capital tied up in fixed assets. Operations with custom tooling, automated production lines and warehouse space need comprehensive property coverage that basic businesses can avoid.
Insurers examine financial health closely when underwriting manufacturers due to long-tail product liability exposure. Strong financials and solid credit can help secure better terms, while struggling businesses may have surcharges or coverage restrictions.
Lowering your manufacturing business insurance costs takes a mix of smart comparison shopping and consistent risk management. Follow our step-by-step guide to find affordable coverage options for your manufacturing business and strengthen your long-term risk profile along the way.
Manufacturing companies need product liability for defective goods causing injury or property damage, general liability for workplace injuries to visitors and vendors, and commercial property coverage for buildings, machinery, raw materials and finished inventory.
Add equipment breakdown for production machinery, business interruption to replace lost income during shutdowns, workers' compensation for factory floor injuries and commercial auto for delivery vehicles or forklifts.
Manufacturing premiums vary by what you produce. Food processing, chemicals and machinery cost more than textiles or packaging. Industrial insurers grasp production processes, supply chain disruptions and recall expenses better than general carriers.
Manufacturer's package policies combining property, liability, equipment breakdown and business interruption save 20% to 30% versus separate policies. Industry-specific bundles include product recall coverage and supply chain protection at lower rates.
Property deductibles of $10,000 to $50,000 cut premiums 25% to 40% for manufacturers with substantial assets and cash reserves. Keep product liability and equipment breakdown deductibles moderate. Defective product claims and machinery failures halt production and trigger massive losses.
Monthly payment plans tack on 5% to 10% in financing charges. A $50,000 manufacturing policy costs $2,500 to $5,000 extra yearly. Pay upfront, dump these fees and earn 5% to 9% discounts from most industrial carriers.
Review your policy when you add production lines, expand facilities, boost inventory or enter new product categories with different liability profiles.
Implemented quality control systems, safety certifications like ISO standards, or upgraded fire suppression and security systems? These improvements slash premiums.
Manufacturing business insurance costs between $33 and $69 per month, though your exact premium depends on factors like your business size, location and claims history. Comparing quotes from different insurers, bundling multiple policies, selecting higher deductibles and opting for annual payments instead of monthly installments can all help you secure lower rates.
Manufacturing business owners commonly ask about insurance costs. We answered the most frequent questions below:
Business owner's policy (BOP) is the most affordable at $38 monthly, though it provides limited coverage scope. Most manufacturing companies require general liability coverage ($65 monthly) for comprehensive protection against customer injuries and property damage lawsuits.
You'll pay more in these states. General liability in California runs $71 monthly (versus $65 national average), and BOP costs $43 monthly (versus $38 average). New York is similar at $74 and $44, respectively.
Bundling beats buying individual policies on price. Most insurers discount when you combine general liability, commercial property and commercial auto under one provider.
Multiple factors spike premiums: specialized equipment values, hazardous material handling, workplace injury risks, facility locations, claims history, employee count and safety record compliance issues.
Higher deductibles cut monthly premiums but raise out-of-pocket costs during claims. Weigh your cash reserves and expected claim frequency before deciding.
Workers' compensation costs for manufacturing businesses shift by state from $50 monthly in North Carolina to $69 monthly in New York.
Yes, BOP insurance pays off for manufacturing companies. Manufacturing businesses pay around $38 monthly for BOP coverage bundling general liability, commercial property and business interruption protection. The package costs less than buying these coverages separately.
Shop annually at renewal. Compare quotes from three-plus insurers to find savings, especially after business changes like new hires or expanded services.
We collected manufacturing business insurance quotes from companies across different states. For consistent comparisons, every quote used the same business setup:
We used a typical small manufacturing business profile requiring comprehensive coverage. We chose companies offering broad national coverage and online quote capabilities, prioritizing insurers that serve the manufacturing industry.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
