Manufacturers of Automotive Parts And Accessories Program
Source: NSM, Inc. - Program Specialists
NSM Insurance Brokers offer broad coverage to the manufacturers of automobile parts and accessories through its Manufacturers of Automotive Parts And Accessories Program
NSM, Inc. - Program Specialists any%> offer broad coverage to the manufacturers of automobile parts and accessories through their Manufacturers of Automotive Parts And Accessories Program (MAPA).
Eligible Risks are manufacturers of automobile parts and accessories. Statistics suggest that there are over 3,000 firms with payrolls in excess of $17 billion in this industry.
The All-Lines Business Insurance Program for MAPA includes these specialized coverages:
- Employment Practices Liability - covers damage and defense expenses if a claim or suit is brought against the insured for a "wrongful employment practice" - including discrimination, wrongful termination or sexual harassment;
- Worldwide Product Liability - covers cost of lawsuit anywhere in world, regardless of where the suit is brought, if a product causes bodily injury or property damage in the United States or abroad;
- Product Recall - covers the costs of notifying the necessary parties and disposing of a product that is recalled by insured, government or regulatory authority.
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