Insurance for Textile, Fibre & Yarn Craft Businesses

If you have a passion for textile, fibre and yarn crafts, then creating a designated business may be a viable option for you.

Whether you plan on creating a textile business, or you already own one, it’s important to have the right level of insurance in place as soon as possible.

What types of craft businesses can textile insurance cover?

There are many types of businesses that can be covered by our textile insurance, including:

  • Clothing crafts
  • Lace making
  • Rug making
  • Rope making
  • Canvas work
  • Macramé
  • Spinning
  • Weaving
  • Shoemaking
  • Fabric making
  • Felting
  • Tanning

If you run a textile business, but you can’t see your craft in this list, we’d love to hear from you to see how we can help protect your business.

What insurance does a textile business need?

As a textile business, there are two key types of insurance policies you will need to make sure your business is protected against any unexpected costly claims.

Public liability insurance

Public liability insurance provides cover for both you and your business against compensation costs. These costs could be due to a member of the public being injured, made ill or has their property damaged as a result of your business’s actions.

This type of insurance will cover you if a claim is made against you by the public.

Product liability insurance

Product liability insurance will protect you against compensation costs for personal injuries and loss or damage to property due to your products. It will cover your products through the production, supply and sale process.

It is worth keeping in mind that product liability insurance may not cover faulty products as a result of bad workmanship.

Why should a textile, fibre and yarn craft business have bespoke insurance?

Having bespoke insurance for your textile, fibre and yarn craft business is the only way you can protect it from extensive legal costs, expensive damage repairs and any costs to replace goods. No matter the size of your business, you need to be protected from any unexpected costs.

Insuring a textile business at craft exhibitions

Many craft fair holders will need to see proof of your insurance before they allow you to sell your products at their fairs. Often, they will need proof of your public and product liability insurance up to a certain indemnity.

Thankfully, we can include craft fair insurance in your bespoke textile craft insurance policy, meaning you will always be covered for craft fairs and you can attend as many as you would like in a year.

If you’re new to the world of craft fairs, we also have one off craft fair insurance policies that can be used across a 3 day period. This policy is perfect for those who want to test the waters in regards to craft fairs but don’t want to commit to a craft fair policy for a full year.