Insurance

[Bigmoose]

I found this company for buisness insurance. The up side is they are cheap. Liability 300K-$150, 500K-$175, 1000K-$210. The down side is when you sell more than $5,000 in product in a year they no longer cover you. Sounds like a good starter insurance. Feedback anyone?

http://www.insuremyhomebiz.com/index.asp

Thanks everyone,
Bruce

Have you hugged a moose today?

 

[malia]

Since I'm just starting to shop for insurance, what's out there? I have no idea, this is helpful!

Thanks,
Malia

 

[Bigmoose]

Hi Malia,

I just got my policy papers in the mail today from them. I have signed up. Give me a little time to look things over close and I'll let you know if I see anything that scares me.

Bruce

 

[carebear]

its RLI which is OK but only insures certain products (will do soap, won't do candles), only if you are working out of your house, and only up to a very limited amount of sales ($5,000 I think)

 

[Tabitha]

won't do candles

Yes, the whole *might burn your house down* thing will be a higher liability, no doubt :wink: .

 

[carebear]

or someone else's...

 

[malia]

I love candles.. my husband likes them as long as they never get lit. He's a Fire Fighter and said a lot of house fires are caused by candles. I just light them when he's working!

It's understandable why an insurance company would have a problem with that.

 

[agriffin]

I just contacted them for a quote and they told me 239 for 300K and if I wanted 1M it would be 299. I wonder if prices are different in different regions? I wonder if I should just pay the extra for the Soapmaker's Guild? At least then you can say your part of that?

 

[Bnky]

I have been trying to get a quote for insurance for over 3 weeks now from a couple of insurance agents. One is an insurance broker I use who shops a number of companies. If I do hear back from her, I'll post the information. In the meantime, I am going into this one also. Thanks, Bnky