Manufacturing Insurance in Sherman, Texas
Manufacturing Insurance Group has insured manufacturers exclusively for more than 20 years, which means Sherman’s semiconductor wafer manufacturing exposure is already familiar ground for our underwriting team. Request a quote and get real numbers back within 24 to 48 hours.
What Does Manufacturing Insurance Cost for a Sherman Factory?
Sherman manufacturers under 20 employees typically see $3,000 to $6,000 a year for a general liability and property bundle, workers’ comp optional, with mid-size shops running $10,000 to $25,000 once product liability and equipment breakdown are included.
| Facility Size | Typical Annual Premium | What Drives It |
|---|---|---|
| Small shop (under 20 employees) | $3,000 to $6,000/yr | A lean general liability and property package for small-scale production, workers’ comp elective |
| Mid-size plant (20 to 150 employees) | $10,000 to $25,000/yr | Equipment breakdown and product liability layer onto the base program at OEM scale |
| Large or high-risk facility | $50,000 to $100,000+/yr | Heavy equipment, hazardous materials handling, or operations spanning multiple sites |
Cost figures are based on national manufacturing insurance benchmarks.
What Coverage Types Does a Manufacturer Need?
A Sherman manufacturer’s real coverage program is built from five coordinated lines:
General Liability
Third-party injury and property damage protection.
Commercial Property
Your building, equipment, and inventory.
Workers’ Compensation
Coverage for employee injuries on the job.
Equipment Breakdown
Mechanical and electrical failure of production machinery.
Product Liability
Coverage for parts and products after they ship.
Equipment Breakdown
Mechanical and electrical failure of production machinery.
Product Liability
Coverage for parts and products after they ship.
Under Texas Civil Practice and Remedies Code Section 82.002, indemnification for a products-liability loss falls to the manufacturer, not the seller, absent seller negligence. That indemnification duty is why product liability coverage is not optional for any Sherman manufacturer supplying precision semiconductor components.
Reference: Texas Civil Practice and Remedies Code Section 82.002, on manufacturer indemnification.
These five lines apply the same way statewide, so see our full Texas manufacturing insurance overview for requirements that go beyond Sherman.
How Does Texas’s Workers’ Compensation System Work?
Under Labor Code Chapter 406, Sherman employers are not required to carry workers’ compensation the way employers in most other states are.
Opting out of workers’ comp under Chapter 406 has a cost for Sherman employers: Section 406.033 removes contributory negligence, assumption of risk, and fellow-employee defenses.
Per the text of Texas Labor Code Section 406.033, on non-subscriber legal exposure.
Sherman’s Real Manufacturing Base
Sherman has become a real center of large-scale semiconductor wafer manufacturing investment.
- Texas Instruments operates a real 4.7-million-square-foot, 300mm wafer fabrication plant in Sherman, according to TI’s own site, one of the largest semiconductor manufacturing investments in the region.
- GlobiTech’s real $5 billion silicon wafer facility in Sherman is expected to add roughly 1,500 new jobs, according to reporting from Dallas Innovates and the Governor’s office.
- Semiconductor wafer manufacturing is one of the most capital-intensive and precision-driven categories in industry, carrying equipment breakdown exposure that a generic small business policy is not built to cover.
Why Sherman Manufacturers Choose Manufacturing Insurance Group
We work with manufacturers exclusively
We do not treat manufacturing as one category among many. It is the only category, which means semiconductor wafer manufacturing exposure is already understood before your first quote request.
Our carrier relationships open markets a generalist can’t reach
A generalist agency’s markets rarely fit semiconductor wafer manufacturing risk. We place Sherman manufacturers with the specialty carriers built for that exposure.
We quote based on your real process, not an assumed one
Two Sherman manufacturers with the same revenue but different semiconductor wafer manufacturing operations carry different risk. We build the policy around your real equipment and process, not a category average.
Getting a Quote for Sherman Manufacturing Insurance
Ready to protect your operation? Get expert guidance and a custom quote today.
Frequently Asked Questions About Manufacturing Insurance in Sherman
Is workers’ compensation insurance required for every Sherman manufacturer?
Texas Labor Code Chapter 406 makes workers’ compensation optional for most private Sherman employers, not mandatory. Non-subscriber status under Section 406.033 removes contributory negligence, assumption of risk, and fellow-employee defenses.
What does manufacturing insurance cost in Sherman?
Sherman manufacturers under 20 employees typically see $3,000 to $6,000 a year for a general liability and property bundle, workers’ comp optional, with mid-size shops running $10,000 to $25,000 once product liability and equipment breakdown are included.
Does Texas require a manufacturer to indemnify a seller for product defect claims?
Yes. Texas Civil Practice and Remedies Code Section 82.002 requires manufacturer indemnification of sellers for products-liability losses, absent seller negligence.
What is the minimum liability coverage required for a manufacturer in Texas?
No statewide statutory minimum applies to general liability limits in Texas. Manufacturing supplier agreements usually require at least $1 million per occurrence and $2 million aggregate, higher for tier-1 supplier relationships.
What major semiconductor investment is happening in Sherman?
Texas Instruments operates a real 4.7-million-square-foot, 300mm wafer fabrication plant in Sherman, and GlobiTech’s real $5 billion silicon wafer facility is expected to add roughly 1,500 new jobs.