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  • Crafters Insurance

    From what I have been reading here lately, most members do small craft shows. I have not seen major large shows talked about where a table fee of $500 or more is needed. But even with that said has any of the crafters that sell run into the need for crafters insurance in order to be a crafter at that show and if so how are you handling it.? I hear going through homeowners ins. is way too expensive an supposibly there are add on policies out there or stand alone policies too. It seems this maybe the trend coming from what I am hearing. People are sue happy these days.
    John T.

  • #2
    I have heard that some people get an umbrella policy on their home owners policy.
    Scott
    Creator of fine designer sawdust.

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    • #3
      Do you mean requiring insurance before selling at a show? I haven't tripped over that, yet.

      Since my shop is in my basement, it is rolled up in the homeowners policy. There is a small rider for the cost of the equipment - but not much as the table saw is a SawStop. All they required was an additional smoke/carbon dioxide detector in the shop room.

      Tony

      My Son-in-law said "Darnit, I cut this board twice, now. And it's still too short."

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      • #4
        Originally posted by tgiro01 View Post
        Do you mean requiring insurance before selling at a show? I haven't tripped over that, yet.

        Since my shop is in my basement, it is rolled up in the homeowners policy. There is a small rider for the cost of the equipment - but not much as the table saw is a SawStop. All they required was an additional smoke/carbon dioxide detector in the shop room.
        Selling at shows.
        John T.

        Comment


        • #5
          I doubt seriously if Homeowner's insurance would cover a business venture. Check to be sure. Insurance companies are notorious for denying any claim they can! And probably most umbrella policies work the same way. Get it in writing to make sure you have coverage. Insurance companies are usually not your friend. They will do everything to avoid paying a claim.
          Regards,
          Brian

          visit us at Pickens Puzzles: www.pickenspuzzles.com

          Comment


          • #6
            To be fully covered you need a business liability policy. Mine cost $400 a year and is for $1M. It covers my space at a show, if the wind blows my tent over onto the crafter next to me and destroys their items, personal injury, either at the show or from one of my items, etc. My tools are covered by a rider on my homeowners. All tax deductible. I also do not have people come to my house to pick up anything. First of all, I don't want strangers in my house and secondly my insurance company appreciates it. I usually meet them somewhere and deduct mileage from taxes. You also need to keep good mileage records for taxes.
            Betty

            "Congress needs to realize it is a government of the people, by the people and for the people. Not of the people, by the people and for Congress." - Dr. Benjamin Carson, Pediatric Neurosurgeon, Johns Hopkins Hospital

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            • #7
              Will8989 is correct! You need an umbrella liability policy to cover everything from loss due to weather or in case you get sued for a product liability. Our local mall requires this if you are in a show at the mall. Most large shows also require this in our area.

              Instead of a yearly policy you can get a week or weekend rate although the yearly police makes more sense.

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              • #8
                Check out ACT insurance - www.actinsurance.com - I looked at them a while back but never acted. I'm thinking I will now since someone almost tripped and fell during one of my recent shows. I called them and they will NOT sell me an annual policy because I make and sell puzzles some of which are children's toys which are excluded for coverage. I expected that. But they will sell me a single show policy for $39 or a 90 day policy for $89. That would give me general liability coverage if someone is injured in the booth or if wind causes my tent to become airborne and damages other property. I think it is good coverage to have but I don't know what their record is at paying claims. That's the real test for an insurance company.
                Regards,
                Brian

                visit us at Pickens Puzzles: www.pickenspuzzles.com

                Comment


                • #9
                  Both my homeowners and liability are through Erie. I was advised to get the separate policy. Umbrella policy may only cover what policies you already have. I'm not sure. Everything for the business is in my name only. Bruce is just a helper. Some places insist on the declaration sheet they be listed as the insured. I just call my agent and they email me a form with the company listed and the date. But I carry a generic one with me to all my shows.
                  Betty

                  "Congress needs to realize it is a government of the people, by the people and for the people. Not of the people, by the people and for Congress." - Dr. Benjamin Carson, Pediatric Neurosurgeon, Johns Hopkins Hospital

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                  • #10
                    This is an interesting discussion. What if you only make puzzles for fun and give them to friends? Do you still need insurance ?

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                    • #11
                      I would say no, thats the same as your mom bakes a pie and gives it to a neighbor, just make sure they are friends that you are giving your puzzles to, RJ
                      Life Begins @ 190 MPH

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                      • #12
                        Originally posted by oldvaxguy View Post
                        This is an interesting discussion. What if you only make puzzles for fun and give them to friends? Do you still need insurance ?
                        I am no lawyer but I would say no as long as it is truly a gift and not sold or bartered.
                        Scott
                        Creator of fine designer sawdust.

                        Comment


                        • #13
                          Just make sure the pieces can't be swallowed by a child. If you have an umbrella policy on your homeowners, that should cover it. Just can't be too careful.
                          Betty

                          "Congress needs to realize it is a government of the people, by the people and for the people. Not of the people, by the people and for Congress." - Dr. Benjamin Carson, Pediatric Neurosurgeon, Johns Hopkins Hospital

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