Scrap metal is one of the most valuable recycled materials in the U.S. — it’s estimated that only about 10% of recyclables are nonferrous metal scrap, but the industry earned more than $10 billion in exports just in in 2019.
Scrap metal purchase and collection are successful industries in all the states where Hastings Mutual provides insurance. We offer several coverage features for scrap metal dealers, including:
Basic and contractual liability
If there’s an issue with a contract you’ve signed with a client or vendor, and it’s covered by your insurance, we’ll help pay to resolve the issue.
Buildings and personal property at replacement cost
If there’s damage or a loss at your site or of your equipment, we’ll help you recover by covering the cost to replace what was lost.
Cyber Liability and Data Breach Response
We protect you against online identity theft and help compensate you for business lost because your computer system was compromised or unavailable.
You and your employees might be on the road to carry supplies, deliver finished products, or attend meetings. We’ll cover your vehicle fleet when it’s being used for business.
Hastings Mutual Insurance Company
404 E. Woodlawn Ave.
Hastings, MI 49058
8:00 a.m. - 4:30 p.m. (EST)