RLI Insurance?

[darby]

Does anyone have RLI product liability insurance? If so, can you share how much it costs and are you satisfied with it?

I need liability insurance and have priced out two so far:

Soapmakers guild is $500
and Indie beauty network is $395

just wondering how much RLI runs.

 

[Genny]

RLI will run different for pretty much everyone. If you contact them, they'll give you a quote. Some people pay around $150 a year, while some pay 3 times that amount. But I'm satisfied with them.

 

[MaitriBB]

I wound up going with the soap guild's insurance, but I did request a quote from RLI. They quoted around $200/year but that was at a very low limit, I want to say $25000 liability. Many of the craft fairs and shows around here require a minimum of $1M liability.

 

[lsg]

Does anyone have RLI product liability insurance? If so, can you share how much it costs and are you satisfied with it?

I need liability insurance and have priced out two so far:

Soapmakers guild is $500
and Indie beauty network is $395

just wondering how much RLI runs.

You have to join the Indie Beauty Network which costs $150. That with the insurance comes to $545.
The Soapmakers Guild is cheaper with insurance and membership $500.

 

[Lindy]

I've been trying to get a quote off the insurance end of the guild because I require $5 million a year in liability.....

 

[JackiK]

I, too, found the guild the best route. My only advice is to make sure the limit you're getting is not a "shared limit." I never would have thought to ask until one of the agents from another firm pointed it out.

Not sure what the $150 premium covers, but the best price I found outside the guild for a $1M policy was around $750. The nice part about the guild is you get a lot of other perks, should you choose to take advantage of them.

 

[NavInspired]

I would love more info on insurance, I can only find info from the states. My first quite was 1,400.00

 

[Lindy]

Through the Guild (www.soapguild.org) it is $500 a year including membership for Canadians.

 

[judymoody]

I use RLI because I am primarily a hobbyist and most of my soap that goes into the world is gifts or donations to fundraisers. Just to be on the safe side, I have insurance to cover the donations as money changes hands as the organizations typically auction or raffle the soap. It's about $140 per year. It's not the very lowest category of coverage but fairly close to it.

 

[Lindy]

We can't get that one here,,,

 

[sapone]

Does anyone have RLI product liability insurance? If so, can you share how much it costs and are you satisfied with it?

I need liability insurance and have priced out two so far:

Soapmakers guild is $500
and Indie beauty network is $395

just wondering how much RLI runs.

My RLI policy is about $200. It does have a limitation of $5k in sales per year but it offers $1Mil liability coverage.
I was with the Guild for a year but I could not justify the membership cost with, what I think, is lack of any real value as a member.

 

[marghewitt]

I also have RLI but will be changing at the end of my term. I paid $210 for one year. My husband owns an apiary and we want to sell our honey online but RLI will not cover us for that.