NAICS 524128: Other Direct Insurance (except Life, Health, and Medical) Carriers

Other Direct Insurance (except Life, Health, and Medical) Carriers is NAICS code 524128. A business is small under it with $47 million or less in average annual receipts. No federal contracts are open under this code right now.

SBA size standard
$47 million or less in average annual receipts
Open contracts now
0
Federal spending, FY2025
$6.9 million
Share won by small businesses
1%
Small businesses registered
91

What NAICS 524128 covers

The Census Bureau's NAICS index lists these kinds of work under 524128:

  • Bank deposit insurance carriers, direct
  • Burial insurance carriers, direct
  • Contact lens insurance, direct
  • Deposit or share insurance carriers, direct
  • Funeral insurance carriers, direct
  • Homeowners' warranty insurance carriers, direct
  • Pet health insurance carriers, direct
  • Product warranty insurance carriers, direct
  • Warranty insurance carriers (e.g., appliance, automobile, homeowners', product), direct

Read the full definition, including what's excluded, on census.gov.

SBA size standard for 524128

To count as a small business for a contract assigned NAICS 524128, your business must have $47 million or less in average annual receipts. Receipts are averaged over your last five completed fiscal years.

From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.

Who buys other direct insurance (except life, health, and medical) carriers

Agencies that awarded the most under NAICS 524128 over the last three fiscal years, per USAspending.gov:

AgencyObligated
Department of Veterans Affairs$21.3 million
Department of State$520,447
Department of the Air Force$202,188
Under Secretary for Farm and Foreign Agricultural Services$110,284
National Aeronautics and Space Administration$60,000
U.S. Customs and Border Protection$54,000
Consumer Financial Protection Bureau$20,500
Agricultural Research Service$3,552

Your competition

91 businesses with active SAM.gov registrations are rated small under NAICS 524128, most of them in Florida (12), Texas (10), Georgia (9), Virginia (9) and Illinois (6). Look any of them up with the free CAGE code and UEI lookup.

Federal spending under 524128 by year

Fiscal yearContract obligations
FY2024$7.1 million
FY2025$6.9 million
FY2026$8.2 million
FY2027 (so far)$0

Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.

Related NAICS codes

Frequently asked questions

What is NAICS code 524128?

524128 is the 2022 NAICS code for Other Direct Insurance (except Life, Health, and Medical) Carriers. The Census Bureau's index lists work such as bank deposit insurance carriers, direct, burial insurance carriers, direct, contact lens insurance, direct under it. Federal contracting uses the 2022 codes.

What is the SBA size standard for NAICS 524128?

$47 million or less in average annual receipts. A business at or under that is small for contracts assigned this code. The current SBA table took effect Mar 17, 2023.

Are there government contracts for other direct insurance (except life, health, and medical) carriers?

None are open on SAM.gov right now, but new notices post daily. You can set up a free alert for this code.

How do I add NAICS code 524128 to my SAM.gov registration?

Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.

Keep going

FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.