malaki Posted October 13, 2006 Share Posted October 13, 2006 ok i finally got the nerve to start selling things, i make mostly b&b products. so i called my insurance company for a quote on my homeowners policy for product liability. well after 2 days my stupid agent got back to me only to tell me that they cant cover me that it is to much of a risk with b&b products like if someone would get a rash. i said ok well what do i do i need insurance so she said i have to talk to the agent that deals with commerical insurance policys, so now i start freaking out cause when i hear commercial i think of a huge company and store fronts. well i dont have either of those so i am so scared to even talk to him tommorrow so any help you guys have for me would be great bcause i dont even know what to say to him. Quote Link to comment Share on other sites More sharing options...
magsglass Posted October 13, 2006 Share Posted October 13, 2006 Heather,Please don't let the lingo scare ya. Commercial just means "business". If you're selling products you're a business, right? And don't worry about having to sound all official or corporate with the agent. You can tell them what you need just the same way you told your homeowner's agent. Hope you get the coverage and at a great price! Quote Link to comment Share on other sites More sharing options...
David Fields Posted October 13, 2006 Share Posted October 13, 2006 Ditto, don't fret. And you might check with an independent insurance agent (assuming yours is from a particular company). Ask if they write commercial policies. They will ask lots of questions about your business - sales, products, etc. Ask the difference between product liability insurance and a general commercial policy. Big difference in price. hth Quote Link to comment Share on other sites More sharing options...
malaki Posted October 13, 2006 Author Share Posted October 13, 2006 thanks for all the help so far. my insurance company is westfield insurance company have homeowners thru them and auto. Quote Link to comment Share on other sites More sharing options...
Bunny Posted October 13, 2006 Share Posted October 13, 2006 http://www.soapguild.org/public/insurance.php Quote Link to comment Share on other sites More sharing options...
kathleen Posted October 13, 2006 Share Posted October 13, 2006 Since you're in PA, you can join the Ohio Arts and Crafts Guild and get insurance through Benchmark for $340/year. Click on the Ohio arts and Crafts guild to get the PDF for the Benchmark application.http://www.benchmarkinsurance.com/customer_center.htm Quote Link to comment Share on other sites More sharing options...
TeriM Posted October 13, 2006 Share Posted October 13, 2006 just an FYI.. but General Liability policies include products/completed operations unless they are specifically excluded.... Quote Link to comment Share on other sites More sharing options...
malaki Posted October 13, 2006 Author Share Posted October 13, 2006 i was reading the application from them and it says i have to have a store or shop i dont have that i make everything at my home so can i still get them to cover me Quote Link to comment Share on other sites More sharing options...
kathleen Posted October 13, 2006 Share Posted October 13, 2006 Do you mean the part where it says you must live or have a working premises? That means you have to live in OR have a store in that state... Quote Link to comment Share on other sites More sharing options...
k&g Posted October 13, 2006 Share Posted October 13, 2006 A friend of mine who has an insurance company in NYC suggested The Hartford Company to me. They deal with a lot of smaller businesses in their p&c division and can provide insurance relatively inexpensive as compared to others. You can google them and find an agent near you. HTH Quote Link to comment Share on other sites More sharing options...
malaki Posted October 14, 2006 Author Share Posted October 14, 2006 yes that is what i thought it was saying but after reading it again i guess you are right so do you think i should up the coverage to 1,000,000 or is the 500,000 fine you think . i called my isurance agent today he said he will get back to me next week with a commercial policy quote so ill see how that goes but if it dosent i guess ill be getting one of these you guys gave me the link to.thanks again for everybodys help. Quote Link to comment Share on other sites More sharing options...
Kimb Posted October 15, 2006 Share Posted October 15, 2006 I have insurance for my candles and bath and body products thru Acuity. Their website is www.acuity.com. They have been very nice to work with.Good Luck,Kim Quote Link to comment Share on other sites More sharing options...
heirloomoriginals Posted October 15, 2006 Share Posted October 15, 2006 I have mine through Benchmark and just got the $500,000 for my first year because I don't have that much product yet. They were very fast in responding. Steph Quote Link to comment Share on other sites More sharing options...
malaki Posted October 15, 2006 Author Share Posted October 15, 2006 can you pay you premium broken up into monthly payments with any of these companys. Quote Link to comment Share on other sites More sharing options...
slyfoxy46628 Posted October 16, 2006 Share Posted October 16, 2006 Do you have to have insurance if you're just doing craft fairs? Quote Link to comment Share on other sites More sharing options...
TeriM Posted October 16, 2006 Share Posted October 16, 2006 if you are selling anywhere - you need to have insurance.. doesn't matter if it's just craft shows .... and you can make monthly payments... Quote Link to comment Share on other sites More sharing options...
malaki Posted October 16, 2006 Author Share Posted October 16, 2006 well my insurance agent cant get me coverage, so im going to check out the links you guys gave me. is there any one that is better then the others and do they all let you pay monthly.thanks Quote Link to comment Share on other sites More sharing options...
TeriM Posted October 16, 2006 Share Posted October 16, 2006 I have mine through Benchmark and just got the $500,000 for my first year because I don't have that much product yet. They were very fast in responding. StephHow much product you have should have nothing to do with the limit you pick - unless your saving a ton of money with the lower limit - I always suggest the $1,000,000/$2,000,000almost every company I know of will let you make monthly payments... Quote Link to comment Share on other sites More sharing options...
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