Manufacturers insurance typically provides coverage for property damage, product liability, business interruption, workers’ compensation, and other risks associated with the manufacturing process.Manufacturer Insurance Policy MI can be customized to meet the specific needs of a business, taking into account the size, location, and nature of the operations. The cost of manufacturers insurance can vary depending on a number of factors, including the size of the business, the type of products being manufactured, and the level of risk associated with the manufacturing process.