Craft insurance is vital to protect your large business from legal liability for injuries or damage caused by your product or equipment. Businesses in the craft industry face a number of unique challenges, and the financial risk of facing a claim as a bigger business is vastly greater than that of a small business.
Whether it’s a digital arts business, a textiles business, or anything else, you can learn today how and why to protect your large business with a bespoke craft insurance plan.
What are the best types of insurance for large craft businesses?
The main type of insurance for large craft businesses is public liability insurance. This helps to cover you against potential claims resulting from injury to a member of the public, or experiences of property damage as a result of your crafts, your business proceedings and equipment. We would recommend that every large business takes out a comprehensive public liability insurance plan, as claims can be unexpected and hugely damage your business financially.
Consider product liability insurance to protect your business against claims resulting from injury or damage caused by your products.
Employers liability insurance can also be vital, as it covers against claims from all part-time, temporary and permanent employees if they happen to sustain an injury as a result of working for the business, or from handling equipment or products.
Finally, commercial property insurance is important if you operate from a workshop or other property (as most larger craft businesses do). This should protect against accidental damage to equipment, property and inventory.
Get Large Business Craft Insurance
Large business craft insurance
CraftCover offers tailored large business craft insurance, ensuring your organisation is fully protected against harmful claims. Our experience and passion within the craft industry means we know what it takes to protect businesses of all types and sizes.
We also like to go above and beyond, providing plenty of advice and support for our valued clients. Check out our blog to learn more about crafting, such as how to start a craft business, where to sell your crafts and how to sell crafts legally.
Get a craft insurance quote today.
Why your large craft business needs insuring
Your large craft business needs insurance because even a single claim against you can have catastrophic effects on the financial wellbeing of your organisation.
Whilst it may seem unlikely that your crafts, or any business operations, will cause injury to employees or public and their property, it only takes one freak occasion, accident or incident to lead to a claim against you.
Large business craft insurance allows you to rest assured that your large craft business is protected against all risks, meaning you can concentrate on what you do best… crafting!
The benefits of bespoke large business craft insurance
Working alongside CraftCover to find a large business craft insurance policy ensures that anything specific to your business’s industry and processes are accounted for, so all risks are protected against.
- Tailored coverage
- Protection for all assets
- Compliance for selling at craft fairs
- Protection across the board (public, product, employer and property insurance)
Unlike more generic business policies, bespoke craft insurance is designed to suit your business model. We’ll take into account the type of crafts you create, where you sell them, and other business operations (craft workshops). This means you’re only paying for the coverage you actually need, whilst covering all possible bases.
Get in touch to enquire about craft insurance today.
Contact CraftCover to Secure the Right Insurance
