Business Advice

Insurance for your First Craft Fair

As you move closer to attending your first craft fair, we know you will likely have certain worries and questions.

At CraftCover, we provide comprehensive craft fair insurance policies that are designed specifically for first time craft fair attendees.

How to prepare for your first craft fair

If you’ve never been to a craft fair before, it can be overwhelming, but as long as you can prepare in advance and you take note of everything you need to take, everything should run smoothly.

Follow the steps below to ensure you are fully prepared for your first craft fair:

Prepare stock: Be sure you take enough stock to keep your stall looking full. This means starting to prepare your stock as early as possible. To help this process, you can write a schedule of what to make over the weeks or months leading up to the fair.

Do your research: Look into what the fair will and won’t provide for you. For example, do they provide tables? Do you need to have your own craft fair insurance or will the fair provide it for you? All this information should be available through the craft fair provider.

Perfect your display: This can come easier to some than others, so it’s a good idea to do a mock set-up of how you want your display to look. Merchandising is important as it is how customers will get an initial impression of your brand.

Create prices: Before you even think of selling your products, you need to determine what prices you want to sell at. Going in without set prices can be risky as you could end up over or under selling yourself.

What type of insurance do you need for a craft business?

At the core of your craft business, it is vital you have adequate insurance policies in place to protect you and your business should someone make a claim against you.

Having a claim against you can be extremely damaging, especially if you’re just starting up.

The two main types of insurance you need are Public Liability Insurance and Product Liability Insurance.

Public Liability Insurance covers you if a member of the public is injured, made ill or has their property damaged as a result of your business actions.

This insurance will cover you should a claim be brought against you by a member of the public.

Product Liability Insurance for craft businesses

Product Liability Insurance will protect you against the costs of compensation for personal injuries and loss or damage to property caused by faulty products. It also covers unforeseeable circumstances that could not be picked up in your quality checks.

Public liability insurance may not cover faulty products as a result of bad workmanship, or financial losses to a business or person as a result of your faulty products.

What type of cover do you need to sell at a craft fair?

When you attend craft fairs in the UK, you will likely be asked by organisers to show proof of insurance before they allow you to sell your products.

To sell at craft fairs, you will need proof of Public and Product Liability Insurance.

Can you get one off insurance for a craft fair?

At CraftCover, we can provide one off insurance for craft fairs, which is ideal if you’re planning on going to your first ever craft fair.

This short term insurance provides you with all the necessary cover you need to sell at fairs or exhibitions, but it will only cover for the day(s) that you will be at the craft fair.

Can you get insurance for a 3 day craft fair event?

Yes, our one off insurance will cover you for 3 days, which is the typical time scale of a craft fair. Our 3 day insurance policy includes both Public and Product Liability Insurance, which are usually mandatory when attending craft fairs.

Public Liability insurance is a must since you will be interacting with the public. With this insurance included in the 3 day cover, it ensures you and your business are protected from legal compensation costs that may arise due to injury or damage caused as a result of your products.

Should you get an annual or a one off craft insurance policy?

Deciding whether to get an annual or one off craft fair insurance policy really depends on how often you plan on going to craft fairs.

If you regularly attend fairs throughout the year, you will be better off having craft fair insurance included in your annual policy. However, if you only plan on going to a few fairs throughout the year, we suggest purchasing the one off policy as and when you need it.

If you’re still unsure which policy is best for you, get in touch with our team who will talk you through your best options.