Thanks: 0
Likes: 0
Needs Pictures: 0
Picture(s) thanks: 0
Results 1 to 6 of 6
Thread: Product Liability Insurance
-
10th October 2007, 07:46 PM #1
Cool dude
- Join Date
- Oct 2001
- Location
- Warwick, QLD
- Age
- 45
- Posts
- 3,462
Product Liability Insurance
Swmbo is starting up a home based business and has been told to get product liability insurance. She is hoping to sell soap making ingredients and will be handling soap bases, essential oils etc.
Does anyone have insurance like this and who do you go through? She has been told by one firm over the phone that she is looking at around $3000 because the essential oils are "dangerous goods" and "flammable". Sounds like a load of BS to me.
If you are uncomfortable posting your insurer in public could you send me a PM?
ThanksHave a nice day - Cheers
-
10th October 2007 07:46 PM # ADSGoogle Adsense Advertisement
- Join Date
- Always
- Location
- Advertising world
- Age
- 2010
- Posts
- Many
-
10th October 2007, 10:48 PM #2
SENIOR MEMBER
- Join Date
- Jan 2003
- Location
- Osaka
- Posts
- 909
Any insurance broker should be able to sort that out for you.
The person telling you to get insurance wouldn't be your accountant?Semtex fixes all
-
10th October 2007, 10:51 PM #3
GOLD MEMBER
- Join Date
- May 2003
- Location
- Kuranda, paradise, North Qld
- Age
- 62
- Posts
- 5,639
I go to a broker for all my insurance, they do all the research and shopping around and generally get competitive rates. Don't have product liability but it was an option in a public liability insurance that I held in the past.
Mick"If you need a machine today and don't buy it,
tomorrow you will have paid for it and not have it."
- Henry Ford 1938
-
10th October 2007, 10:56 PM #4
SENIOR MEMBER
- Join Date
- Feb 2003
- Location
- Garvoc VIC AUSTRALIA
- Posts
- 11,464
The VWA covers most crafts,
dunno if it applies in Qld though,
ask Woodborer
-
11th October 2007, 07:35 AM #5
Necrotreeophile
- Join Date
- May 2007
- Location
- Blue Mountains
- Posts
- 2,613
I assume the liability insurance is more about the risk of adverse reactions to the products or claims from loss from use of the products. This could be a minefield if she wants to build a global cosmetics empire, or sweet fa for a market stall business. She strictly speaking doesnt need it unless its a condition of a contract, but if she is sued could be helpful to keep a foot in the family home.
Originally Posted by q9
Go to at least couple of brokers, insurance is a commodity like finance, shop around. I have in the past used Warburton MacDonald (Sydney) I think they have an office in Brissie, there can be a lot of difference in price for the same product."We must never become callous. When we experience the conflicts ever more deeply we are living in truth. The quiet conscience is an invention of the devil." - Albert Schweizer
My blog. http://theupanddownblog.blogspot.com
-
11th October 2007, 08:21 AM #6
Timber Hoarder
- Join Date
- Sep 2002
- Location
- Minbun, FNQ, Australia
- Age
- 66
- Posts
- 12,881
I have VWA for my craft work.
For my computer work, while we had an electrical business licence that required some weird electrical product liability insurance, AMP were the cheapest by a country mile.Cliff.
If you find a post of mine that is missing a pic that you'd like to see, let me know & I'll see if I can find a copy.
Reply With Quote
Similar Threads
-
Insurance
By David Mitchell in forum CLUB EVENTS - News & InformationReplies: 1Last Post: 24th August 2007, 10:39 PM -
contents insurance
By jackiew in forum NOTHING AT ALL TO DO WITH WOODWORKReplies: 6Last Post: 7th September 2004, 10:26 AM -
Insurance for woodworkers
By Toymaker Len in forum HAVE YOUR SAYReplies: 17Last Post: 3rd August 2004, 03:33 PM -
Contents Insurance
By antman in forum HAVE YOUR SAYReplies: 23Last Post: 16th January 2004, 02:20 PM
