Toy Maker's Insurance

[ichibob]

Curious... I was thinking about making some toys, puzzles specifically for working with some Autistic children and children with other learning disabilities. A doctor friend said that he would be interested and it could be a nich in the market if done right. However, a lawyer friend said that I would need probably $10K or more insurance a year if I put my name on them and sold them for use with children!!! How do you other scrollers that make and sell toys and puzzles get around the libality issues concerning injuries or choking hazards from your products?

[Jim Finn]

Cost me $800 a year for minimum coverage . ( $300,000 per incedent $500 deductable).

[NC Scroller]

You will also should comply with the Federal toy safety rules found here:

http://www.cpsc.gov/info/toysafety/index.html

There are numerous threads about these rules on this forum.

[ichibob]

Thank you Jim and Scott, for your inputs. Looks like I have more investigative work to do and some thinking to do about this venture. I appreciate your inputs though.
Bob