If you make or sell fashion accessories, at CraftCover, we offer affordable craft insurance policies which can be tailored to suit your business.
We cover a wide range of craft businesses, so whether you make handbags, watches or more, we can create policies suitable for your profession.
What insurance do you need for a fashion accessory business?
Whether you plan on selling your fashion accessories online, at Craft Fairs or in your own shop, it is vital you have the correct level of insurance for your business.
The main reason for this is to make sure that you aren’t held financially liable if a customer has an incident with or involving your product.
Our insurance can be tailored for fashion accessory makers, with care being taken regarding the different materials which you may use for your products. Some products from fashion accessory businesses we cover include:
- – Belts
- – Bags
- – Hats and gloves
- – Hair accessories
- – Glasses
- – Watches
Our policy covers the two main types of insurance that you are most likely to need, Public Liability Insurance and Product Liability Insurance.
Public Liability Insurance for Fashion Businesses
Public Liability Insurance covers claims made against your business from the general public. Your business will be protected from any compensation costs that may arise as a result of your products.
The main risks which are covered by this type of insurance include death or disablement of the public, and loss or damage to third party properties.
Product Liability Insurance for Fashion Businesses
Product Liability Insurance covers your products through the production, supply and sale processes. You will be protected from potentially unexpected and unwanted costs should an issue arise as a result of your goods, processes or packaging.
Do I need insurance to sell handmade fashion items?
Yes, no matter what sort of fashion accessories you sell, whether they are homemade or from a wholesaler, it is imperative that you have the correct level of insurance for your business.
Even if you don’t see yourself as a big business, you’re just as open to legal action as a big company is.
For example, if a piece came loose from the handmade accessory you had made and it caused injury to a customer, an expensive claim could be held against you.
Our handmade fashion items and accessory policies are custom made to suit your business’s specific needs.
What does fashion accessory craft insurance include?
Our fashion accessory policies include both public and product liability insurance, which will cover your basic business requirements.
We can also add on craft fair insurance if you plan on selling your products at craft fairs. Most fair owners make it a legal requirement to have this type of insurance in place, in order for you to sell your products.
At CraftCover, we can automatically cover you for an unlimited number of fairs throughout the year. This includes attendance to craft exhibitions, shows and fairs around the UK.
We even provide advice for crafters selling at craft fairs for the first time, or for those who could do with a little bit of support, over on our blog!
How much is fashion accessory business insurance?
The cost of insurance for fashion accessory businesses can vary depending on several factors, including:
- – The size and location of your business
- – The type of products you produce
- – Your excess costs
- – The level of cover that your business needs
Our friendly, professional team can help you to find the right cover for your fashion accessory business at an affordable price. Get in touch with us today to discuss your requirements and subsequent costs.
