Greetings,
For the past 8 years we’ve operated a small company making cedar planters for local gardeners. As part of that, we purchased business insurance for the effort and we were recently notified that our insurance company, Farmers, was dropping all coverage for businesses “making things with wood.” Our search for a replacement underwriter has been fruitless.
Suggestions?
Don
I did a search and there seems to be quite some companies that do liability and property damage,medical, liability, for wood working businesses.
Herb
I’m using https://www.thehartford.com/
Business insurance is one of those thing that its worth going through an insurance agency for as they can shop around the non standard stuff. I’m currently using https://www.bobwallin.com/ but they are new to me so I don’t know them well enough to recommend yet.
Thanks for the input Andy, I am sure that it is good these days to protect yourself.
HErb
Andy,
Thanks for the suggestion. We are working through our insurance agent (covering other stuff like the house, cars, etc.). Our agent is looking for another underwriter for us but, so far, no luck. I’m sure this is a problem we can solve but I was surprised that underwriters consider woodworking such a bad risk.
Herb,
Thanks for the suggestion - we’re hoping our current agent, who is with Farmers, can find something for us but it may turn out that we’ll have to just hunker down on the internet and do some research.
Don