General Liability – Crafts, Goods & Manufacturing

Any time an individual or business is making, manufacturing or distributing a tangible good or product to the public, there is the potential that the product could accidentally cause injury to someone or potentially damage someone’s property. This is why General Liability is so important. It is the most basic and fundamental type of business insurance for your industry.

A General Liability policy for crafts, goods & manufacturing businesses protects against claims that your business or the products that you provide (i.e. Product Liability) caused injury or property damage to an outside party. Most policies also cover your exposure to advertising injury or personal injury claims (i.e., false advertising, libel, slander, defamation, etc.).

A General Liability policy for home-based businesses or manufacturing businesses is often required by a contract from outside parties such as suppliers, landlords, vendors and even customers.

Business Owner’s Policy (BOP) – Crafts, Goods & Manufacturing

A Business Owner’s Policy (BOP) is a smart and affordable insurance package designed to cover several of the most common insurance exposures related to what you do.

A BOP starts with General Liability (see above) and then allows the option to add additional coverage that are relevant to your industry. This can include business property coverage, business interruption protection, equipment breakdown protection, professional liability, business auto coverage and more.

A BOP is an efficient way for home-based and manufacturing businesses to protect against several of the more common but unexpected threats that could impact your bottom line.