Product Liability Insurance

[alexandramason]

Hi everyone,

I am new to soap making but I've heard that in order to sell your soap it is a good idea to purchase product liability insurance. I have reached out to several local insurance companies and they have mentioned that soap is in a high risk category as it touches the skin and for that reason the premiums would be too large for a small business like mine. I know that there is a lot of people making soap as small business is hard to believe that they are paying $5000/yr. Do you guys recommend any particular insurance company that is familiar already with this market?

Thank you so much for your help.

Alex

 

[lsoriat]

Are you in Canada, Alexandra?

 

[alexandramason]

No, I am in US

 

[Davali]

I'm sorry I didn't see this sooner, @alexandramason. For the US, you can check with the Handcrafted Soap and Cosmetics Guild. I believe their least expensive premium is $500 per year including the guild membership fee, but I haven't checked their prices recently. If you go to their site, they also have helpful articles about business insurance in general. Good luck, and happy selling!

 

[smcarroll2020]

also the indie beauty network has insurance for reasonable rate

 

[Felice]

Handmade Artisan Insurance is an Ohio-based company that offers liability insurance for soap makers too. About $300 annually.