Coverage requirements

Screw Machine Product Makers

Manufacturing & Industrial89% completeness
Run gap analysis

Last updated August 2026 · Maintained and reviewed by the Advocate Insurance Consultants coverage research team.

Overview

What an adequately protected Screw Machine Product Makers program looks like

These manufacturers use highly automated lathes to produce high-volume, low-cost turned parts such as bushings, bearings, shafts, screws, bolts, and nuts. Production involves cutting oils, chemical cleaners, and large inventories of raw and finished stock. Property and business interruption are the leading exposures, reflecting a substantial fire load and reliance on continuous production. Covering Auto Liability, General Liability, Pollution Liability, Worker's Compensation, Fidelity Bond among other essential lines, this Advocate Standard profile sets limit, deductible, and carrier-quality benchmarks calibrated to the real risk screw machine product makers carry.

Key takeaways

  • Spans 166 published requirements across 49 coverage type-peril pairs.
  • Applies to 2 asset types: Manufacturer, Manufacturing.
  • Covers 17 coverage types and 19 distinct perils.

At a glance

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Completion score

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9 of 49 WIM pairs required

Coverage tower

Required limits by coverage type and peril

Property9 coverage types

Fidelity Bond

Overall limit$100K

Business Income

Flood≥ Business Income Amount for Buildings in an SFHA
Boiler & Machinery≥ Business Income Amount
TRIA - Property≥ Business Income Amount
Earthquake≥ Business Income Amount
Named Storm≥ Business Income Amount
Water / Sewer Backup≥ Business Income Amount
Wildfire≥ Business Income Amount
Wind Hail≥ Business Income Amount
Overall limit≥ Business Income Amount

Physical

Flood≥ RCV / Insurable Value of First 2 Floors Above Grade + any Floors Below Grade of Buildings Located in an SFHA
Boiler & Machinery≥ RCV of Existing Structure / Insurable Value
TRIA - Property≥ RCV of Existing Structure / Insurable Value
Earthquake≥ RCV of Existing Structure / Insurable Value
Named Storm≥ RCV of Existing Structure / Insurable Value
Water / Sewer Backup≥ RCV of Existing Structure / Insurable Value
Wildfire≥ RCV of Existing Structure / Insurable Value
Wind Hail≥ RCV of Existing Structure / Insurable Value
Overall limit≥ RCV of Existing Structure / Insurable Value

Builder's Risk

Overall limit≥ RCV of Existing Structure / Insurable Value

Business Personal Property

Overall limit≥ RCV of Existing Structure / Insurable Value

Cyber Business Interruption

Ransomware / Cyber Extortion Property≥ 12-month System-Dependent Business Income Value
Overall limit≥ 12-month System-Dependent Business Income Value

Inland Marine

Fire≥ Value of Property in Care, Custody, or Control / Scheduled Inland Marine Value
Theft≥ Value of Property in Care, Custody, or Control / Scheduled Inland Marine Value
Water Damage≥ Value of Property in Care, Custody, or Control / Scheduled Inland Marine Value
Overall limit≥ Value of Property in Care, Custody, or Control / Scheduled Inland Marine Value

Limited Fungus

Overall limit$15K

Ordinance or Law

Earthquake≥ RCV of Existing Structure / Insurable Value
Flood≥ RCV of Existing Structure / Insurable Value
Named Storm≥ RCV of Existing Structure / Insurable Value
Wind Hail≥ RCV of Existing Structure / Insurable Value
Overall limit≥ RCV of Existing Structure / Insurable Value
Liability8 coverage types

General Liability

Overall limit$4M
Assault & Battery$5M

Pollution Liabiltiy

Overall limit$1M

Auto Liability

Hired & Non-Owned Auto$5M
Owned Auto$5M
Overall limit$5M

Cyber Liability

Network Security Liability$2M
Privacy Liability$2M
Ransomware / Cyber Extortion$2M
Overall limit$2M

Disability Liability

Overall limit$2M

Employer's Liability

Overall limit$2M

Worker's Compensation

Overall limit$500K

Terrorism Liability

TRIA - Liability$2M
Overall limit$2M

Requirements

Full requirement set for Screw Machine Product Makers

Every requirement in the Advocate standard, 166 rows across limits, deductibles, carrier rating, and presence checks. Search and filter to drill in.

Group
Type
Peril

Showing 50 of 166 matching · 166 total

RequirementPerilRequirement typeApplicabilityRequirement
Property › Builder's RiskAcceptable Blanket Builder's Risk DeductibleOverallDeductibleBlanketBlanket Builder's Risk deductible must not exceed $50,000.
Property › Business IncomeAcceptable Blanket Business Income DeductibleOverallDeductibleBlanketBlanket Business Income deductible must not exceed $50,000.
Property › Business IncomeAcceptable Blanket Business Income Earthquake DeductibleEarthquakeDeductibleBlanketBlanket Business Income Earthquake deductible must not exceed 10% of the insured value.
Property › Business IncomeAcceptable Blanket Business Income Named Storm DeductibleNamed StormDeductibleBlanketBlanket Business Income Named Storm deductible must not exceed 5% of the insured value.
Property › Business IncomeAcceptable Blanket Business Income Wind Hail DeductibleWind HailDeductibleBlanketBlanket Business Income Wind Hail deductible must not exceed 5% of the insured value.
Property › Business Personal PropertyAcceptable Blanket Business Personal Property DeductibleOverallDeductibleBlanketBlanket Business Personal Property deductible must not exceed $50,000.
Property › Cyber Business InterruptionAcceptable Blanket Cyber Business Interruption DeductibleOverallDeductibleBlanketBlanket Cyber Business Interruption deductible must not exceed $50,000.
Property › Inland MarineAcceptable Blanket Inland Marine DeductibleOverallDeductibleBlanketBlanket Inland Marine deductible must not exceed $50,000.
Property › Limited FungusAcceptable Blanket Limited Fungus DeductibleOverallDeductibleBlanketBlanket Limited Fungus deductible must not exceed $50,000.
Property › Ordinance or LawAcceptable Blanket Ordinance or Law DeductibleOverallDeductibleBlanketOrdinance or Law deductible must not exceed $50,000.
Property › PhysicalAcceptable Blanket Physical DeductibleOverallDeductibleBlanketBlanket Physical deductible must not exceed $50,000.
Property › PhysicalAcceptable Blanket Physical Earthquake DeductibleEarthquakeDeductibleBlanketBlanket Physical Earthquake deductible must not exceed 10% of the insured value.
Property › PhysicalAcceptable Blanket Physical Named Storm DeductibleNamed StormDeductibleBlanketBlanket Physical Named Storm deductible must not exceed 5% of the insured value.
Property › PhysicalAcceptable Blanket Physical Wind Hail DeductibleWind HailDeductibleBlanketBlanket Physical Wind Hail deductible must not exceed 5% of the insured value.
Property › Builder's RiskAcceptable Scheduled Builder's Risk DeductibleOverallDeductibleScheduledScheduled Builder's Risk deductible must not exceed $50,000.
Property › Business IncomeAcceptable Scheduled Business Income DeductibleOverallDeductibleScheduledScheduled Business Income deductible must not exceed $50,000.
Property › Business IncomeAcceptable Scheduled Business Income Earthquake DeductibleEarthquakeDeductibleScheduledScheduled Business Income Earthquake deductible must not exceed 10% of the insured value.
Property › Business IncomeAcceptable Scheduled Business Income Named Storm DeductibleNamed StormDeductibleScheduledScheduled Business Income Named Storm deductible must not exceed 5% of the insured value.
Property › Business IncomeAcceptable Scheduled Business Income Wind Hail DeductibleWind HailDeductibleScheduledScheduled Business Income Wind Hail deductible must not exceed 5% of the insured value.
Property › Business Personal PropertyAcceptable Scheduled Business Personal Property DeductibleOverallDeductibleScheduledScheduled Business Personal Property deductible must not exceed $50,000.
Property › Cyber Business InterruptionAcceptable Scheduled Cyber Business Interruption DeductibleOverallDeductibleScheduledScheduled Cyber Business Interruption deductible must not exceed $50,000.
Property › Inland MarineAcceptable Scheduled Inland Marine DeductibleOverallDeductibleScheduledScheduled Inland Marine deductible must not exceed $50,000.
Property › Limited FungusAcceptable Scheduled Limited Fungus DeductibleOverallDeductibleScheduledScheduled Limited Fungus deductible must not exceed $50,000.
Property › Ordinance or LawAcceptable Scheduled Ordinance or Law DeductibleOverallDeductibleScheduledOrdinance or Law deductible must not exceed $50,000.
Property › PhysicalAcceptable Scheduled Physical DeductibleOverallDeductibleScheduledScheduled Physical deductible must not exceed $50,000.
Property › PhysicalAcceptable Scheduled Physical Earthquake DeductibleEarthquakeDeductibleScheduledScheduled Physical Earthquake deductible must not exceed 10% of the insured value.
Property › PhysicalAcceptable Scheduled Physical Named Storm DeductibleNamed StormDeductibleScheduledScheduled Physical Named Storm deductible must not exceed 5% of the insured value.
Property › PhysicalAcceptable Scheduled Physical Wind Hail DeductibleWind HailDeductibleScheduledScheduled Physical Wind Hail deductible must not exceed 5% of the insured value.
General › AllDo Not Allow Premium FinancingOverallOtherAllPremium-financed insurance is not accepted.
General › AllDo Not Allow Premium FinancingOverallOtherAllPremium-financed insurance is not accepted.
Liability › General LiabilityGeneral Liability Aggregate Scaled to Annual SalesOverallLimitAllGeneral Liability aggregate limit must scale with the business's size: at least $4,000,000 in aggregate when annual gross sales exceed $10,000,000, and at least $2,000,000 in aggregate when annual gross sales are $10,000,000 or less.
Liability › General LiabilityGeneral Liability Aggregate Scaled to Annual SalesOverallLimitAllGeneral Liability aggregate limit must scale with the business's size: at least $4,000,000 in aggregate when annual gross sales exceed $10,000,000, and at least $2,000,000 in aggregate when annual gross sales are $10,000,000 or less.
General › AllInsurance Carrier RatingOverallCarrier RatingAllCarrier must have AM Best rating >= A- and size >= VII.
General › AllInsurance Carrier RatingOverallCarrier RatingAllCarrier must have AM Best rating >= A- and size >= VII.
Liability › Pollution LiabiltiyPollution Liability Required for Hazardous OperationsOverallLimitAllOperations with hazardous materials or processes must carry Pollution Liability of at least $1,000,000.
Liability › Pollution LiabiltiyPollution Liability Required for Hazardous OperationsOverallLimitAllOperations with hazardous materials or processes must carry Pollution Liability of at least $1,000,000.
Liability › General LiabilityProducts / Completed Operations Coverage Required for ExportsOverallOtherAllManufacturers that export must confirm Products and Completed Operations coverage.
Liability › General LiabilityProducts / Completed Operations Coverage Required for ExportsOverallOtherAllManufacturers that export must confirm Products and Completed Operations coverage.
Liability › Worker's CompensationStatutory Workers Compensation ConfirmedOverallOtherAllWorkers Compensation must be at statutory limits with Employers Liability.
Liability › Auto LiabilitySufficient Auto Liability - Hired & Non-Owned Auto Excess/Umbrella LimitHired & Non-Owned AutoLimitAllHired & Non-Owned Auto excess/umbrella sublimit must be at least $5,000,000.
Liability › Auto LiabilitySufficient Auto Liability - Hired & Non-Owned Auto LimitHired & Non-Owned AutoLimitAllHired & Non-Owned Auto sublimit must be at least $1,000,000.
Liability › Auto LiabilitySufficient Auto Liability - Owned Auto Excess/Umbrella LimitOwned AutoLimitAllOwned Auto excess/umbrella sublimit must be at least $5,000,000.
Liability › Auto LiabilitySufficient Auto Liability - Owned Auto LimitOwned AutoLimitAllOwned Auto sublimit must be at least $1,000,000.
Liability › Auto LiabilitySufficient Auto Liability Excess/Umbrella LimitOverallLimitAllAuto Liability must carry an excess/umbrella limit of at least $5,000,000.
Liability › Auto LiabilitySufficient Auto Liability LimitOverallLimitAllAuto Liability must carry a combined single limit of at least $1,000,000.
Property › Builder's RiskSufficient Blanket Builder's Risk LimitOverallLimitBlanketBlanket Builder's Risk limit must be at least the RCV / insurable value.
Property › Business IncomeSufficient Blanket Business Income - Boiler & Machinery LimitBoiler & MachineryLimitBlanketBlanket Business Income (Boiler & Machinery) limit must be at least the 12-month business income value.
Property › Business IncomeSufficient Blanket Business Income - Certified Acts of Terrorism LimitTRIA - PropertyLimitBlanketBlanket Business Income (Certified Acts of Terrorism) limit must be at least the 12-month business income value.
Property › Business IncomeSufficient Blanket Business Income - Earthquake LimitEarthquakeLimitBlanketBlanket Business Income (Earthquake) limit must be at least the 12-month business income value.
Property › Business IncomeSufficient Blanket Business Income - Named Storm LimitNamed StormLimitBlanketBlanket Business Income (Named Storm) limit must be at least the 12-month business income value.

116 more requirements

Compliance

Who requires Screw Machine Product Makers

  • Screw machine products manufacturer insurance is required by equipment lenders and commercial mortgage holders financing automated lathes, CNC screw machines, and the plant that houses them.
  • Original equipment manufacturers and industrial buyers that purchase bushings, bearings, shafts, and fasteners typically demand certificates of insurance, additional insured status, and vendor endorsements before awarding supply contracts.
  • Automotive, aerospace, and defense customers may impose their own liability minimums and quality warranties.
  • OSHA governs machine guarding and workplace safety, and the EPA oversees cutting-oil and solvent handling.
  • Carriers and reinsurers weigh fire load and continuous-production reliance when pricing, brokers coordinate the certificates, and investors look for protection against a stoppage that would interrupt just-in-time deliveries to key accounts.

Carrier standard. Carrier must have AM Best rating >= A- and size >= VII.

Advocate runs these checks automatically for the brokers who place manufacturing & industrial coverage.

Exclusions

What Screw Machine Product Makers does not cover

  • Screw machine products manufacturer insurance commonly excludes coverages a precision-parts shop may assume are built in.
  • The standard lineup leaves out Auto Physical Damage for owned vehicles, Directors and Officers Liability, and Employment Practices Liability.
  • Product recall and the cost of replacing out-of-spec parts installed in a customer's assembly are carved out of General Liability.
  • Professional Liability, or manufacturers errors and omissions, for parts made to a customer's flawed specification is not included.
  • Ordinance or Law coverage for older plants is missing.
  • General Liability also excludes pollution beyond the dedicated pollution policy and gradual machinery wear, which belongs under equipment breakdown.

Risk advisory

Typical coverage gaps in Manufacturing & Industrial

Screw machine product manufacturers most often underinsure the fallout when a defective turned part reaches a customer's production line.

  • General liability pays for resulting injury or property damage but not for recalling parts or replacing them once installed, so evaluate product recall and manufacturers errors and omissions coverage tied to the value of contracts served.
  • Continuous production is another gap: extended downtime after a fire or machine failure can breach delivery commitments, so confirm business income and equipment breakdown limits reflect real recovery time and the lead time to replace specialized lathes.
  • Cyber coverage should protect the CAD files and CNC programs that run the shop.
  • Review contingent business income for a critical supplier or customer, and confirm pollution terms address cutting oils and chemical cleaners.

FAQ

Frequently asked questions

What does screw machine products manufacturer insurance cover?

Screw machine products manufacturer insurance covers the property, machinery, liability, and income exposures of a precision turned-parts shop. Core lines include property for the plant and stock, general liability for product and premises claims, business income, equipment breakdown for automated lathes, pollution liability for cutting oils, and workers' compensation. Cyber and product recall usually need separate coverage.

Does screw machine products manufacturer insurance cover defective parts?

Screw machine products manufacturer insurance covers third-party injury or property damage caused by a defective part under general liability, but it excludes the cost of recalling or replacing the parts themselves. Manufacturers errors and omissions and product recall coverage fill that gap, funding withdrawal, replacement, and related expenses when out-of-spec components reach a customer.

Why do screw machine shops need equipment breakdown coverage?

Screw machine shops need equipment breakdown coverage because automated lathes and CNC machines can fail suddenly from electrical or mechanical causes that property insurance excludes. Breakdown coverage pays to repair or replace the equipment and often extends to lost income during downtime. Given continuous-production reliance, confirm limits match the cost and lead time of specialized machinery.

What insurance do OEM customers require from parts suppliers?

OEM and industrial customers typically require screw machine product manufacturers to carry general liability with product-completed operations and to provide a certificate naming the buyer as additional insured with a vendor endorsement. Automotive, aerospace, and defense buyers often set higher minimum limits and may require evidence of professional or errors and omissions coverage.

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About this coverage standard

This profile is maintained by the Advocate Insurance Consultants coverage research team, which maintains the Coverage Library benchmarks against the World Insurance Model taxonomy and reviews each standard against live market placements. It is general guidance, not legal or coverage advice. Verify requirements against the actual policy and contract.

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