Here are the best information about Candle making insurance public topics compiled and compiled by our team
Do I Need Candle Business Insurance?
“I want to sell candles. Do I need insurance?”, The short answer is yes, you do need candle business insurance if you sell in a candle shop or work at home selling candles. Business insurance policies we suggest you try are Liberty Mutual small business insurance, Thimble small business insurance, CoverWallet small business insurance, and Next small business insurance.
Here is why you need to keep a basic insurance for candle making business- at the very least!
For the most part, making and selling candles is a relatively low-risk business to be in. As long as you know what you’re doing when it comes to selling homemade candles (general workshop safety), then you shouldn’t have to worry too much. However, when you’re dealing with fire, there’s always the chance that something could go wrong. For example, while heating and pouring your wax, you could be so focused that you don’t realize the fire that sparked up behind you. A small fire could cause hundreds or even thousands of dollars worth of damage to your candle store or candle business from home.
If you have employees who help sell candles and sell wax melts from home, then there’s also the possibility of lawsuits coming from them. For example, one of your team members could injure themselves while making candles and try to blame you for not providing a safe working environment.
Financial liability claims, common in candle home businesses, can come from your customers. For instance, you could sell candles to somebody which melted too quickly on one side, causing the wax to leak out and damage their antique table. Hypothetically, they could then turn around and hold you responsible for replacing their $5,000 dining table.
As long as you maintain solid small business insurance for those who sell candles, you’ll have nothing to worry about. A candle liability insurance policy (GL) in candle making insurance can cover most of these instances so that you don’t have to pay anything out of pocket to solve troubles that arise when candle selling from home, store, or craft fairs.
Candle Selling Insurance: Do I need Insurance to Sell Candles?
Do you need insurance to sell candles ? The answer to this question is positive as well! You do need insurance to sell candles or wax melts online from home, or at your shop.
There are some risks involved with candle businesses that might become very costly if you don’t have basic insurance for selling candles that will cover you. Situations that might require you to turn to insurance are when your candle shop catches fire, a client files a claim after you failed to deliver stocks on time, and when a customer complains that you’re selling candles or selling wax melts with bad quality.
Candle making insurance USA policy is not too expensive- especially when you compare candle selling insurance quotes online. You can opt to get it as an additional option for business insurance you already owned. Also, there are lots of stand-alone cheap candle making insurance quotes you can find online.
What Insurance Do I Need to Sell Candles?
If you sell candles at home or maybe even soaps, we recommend you get insurance for candle and soap makers having a general liability policy. General liability insurance will account for expenses resulting from these situations:
When an employee gets injured while working
When a customer suffers from an injury caused by your negligence
When your business is held liable for property damage
Aside from general liability in candle and wax insurance, you should also opt for a product liability which most candle franchises get. Why? It’s because general liability insurance for selling candles online or at the shop won’t cover expenses resulting from a defective product. Product liability insurance applies to the following situations:
When you sold a candle from a manufacturer not following government-mandated health standards
When your candle turns out bad in quality
You might also want to get a professional liability or errors and omissions insurance policy too. This becomes very useful if you’re a candle artisan supplying large volumes of candles to candle stores.