Product Liability Insurance

[Guest guest]

Hi folks,

 

This is a subject that comes up every so often - product liability

insurance for the little guy - like so many of the artisans that are

here on this list.

 

The benefits of having product liability insurance in the litigious age

we live are obvious. Also, many distributors, stores and even event

venues are requiring that the manufacturers/vendors they work with have

product liability insurance.

 

RLI was a popular underwriter for small cottage industry homemade soap

makers - but RLI changed its policies and the new rules made many

ineligible for the RLI insurance, which left them seeking new coverage

options.

 

Now the Handmade Beauty Network and the Handcrafted Soap Makers Guild

are working together with an underwriter who will provide small fry

toiletry makers with insurance. Every member of those organizations must

now get the insurance - it has become part of annual dues (there are 3

exceptions: http://www.handmadebeauty.com/insurance.asp).

 

I did have a colleague mention to me that her home is insured by The

Hartford, and they cover her home biz too, but that is available only

for folks that have their home owner's insurance through them.

 

Whenever folks ask me, I recommend them check into the HBN/HSMG option

as well as local insurance companies. Many do provide commercial

insurance policies (varying coverage/costs of course) and from there you

can determine what suits your needs and price range.

 

*Smile*

Chris (list mom)

http://www.alittleolfactory.com <http://www.alittleolfactory.com/>