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Craft Insurance: Handmade Product Insurance for Crafters

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Crafter insurance providers classify any person who makes and sells their own handcrafted goods as a crafter. This also includes artisans such as painters, sculptors, and the likes. For the most part, crafting is a relatively low-risk business, which means that purchasing business insurance for crafters and artists is usually simple, easy, and affordable

Despite this fact, many crafters and artists still operate without basic handmade business insurance. This is a mistake, as crafters are just as likely as a large retailer to have an insurance claim made against them. If you’re selling high-priced crafts, then your risk can be even higher. 

In this article, we’re going to explain why crafters should hold a basic craft business insurance policy and show you some craft insurance quotes from some of the top providers. Then, we’ll break down the various types of small craft business insurance that you’ll come across. It’s time to get your small business safe and insured!

Cheap Business Insurance Near Me

Do Crafters Need Insurance? 

So, you may be thinking to yourself, “I just sell arts and crafts, then why would I possibly need insurance?” As we mentioned, crafting is usually a low-risk industry. However, when it comes to arts, crafts, and especially the tools used to make them, there is always a chance that an accident could happen.

For example, let’s just say that you have a small shop space where you make your art and customers come to purchase your crafts and creations. Unfortunately, while your customer is in the shop, they carelessly bump into a tabletop and knock some sharp scissors down, and they stab into their foot. 

Without small craft business insurance, you would be held personally liable for the incident, and the customer could hit you with a lawsuit and require you to pay for all of their medical bills. You may even be required to compensate them for the time they missed at their job! However, with a basic public or general liability policy, your insurance company would handle the claim, so you don’t have to pay anything out of pocket. 

Of course, this is just one of many different types of incidents that could occur. These days, it’s not uncommon for customers to sue small businesses for everything from a simple papercut to a large piece of art falling on them and hurting them. A comprehensive crafter insurance policy is the best way to protect yourself and your business from financial liability. 


Product Liability Insurance For Crafters

The most common type of product insurance for crafters is a product liability insurance policy. These policies are designed to protect you and your business from claims that your product injured another person or caused property damage. For example, if a customer comes to you claiming that the statue you built broke and cracked their floor, your business could be responsible for paying to repair or replace their flooring. 

Product liability insurance for crafters would protect you from just such a claim. So no matter whether you’re selling small paper arts and crafts, ornate glassware, paintings, sculptures, or even t-shirts, it’s essential to have product liability insurance. 

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craft business insurance

As you’re shopping for handmade craft insurance, you’ll likely come across a number of different policies designed for common arts and crafts business. While coverage for the following types of crafters may differ slightly in coverage amounts or terms, the overall price should be similar to those outlined in the table above. 


Crafters Liability Insurance

Crafter’s liability insurance is the most common type of coverage that is required for all arts and crafts businesses. It protects you and your businesses from financial liability associated with your products or your business location. 


Craft Fair Insurance

If you sell your arts and crafts at festivals, carnivals, or fairs, then you’ll most likely need to purchase craft fair insurance. This type of insurance typically involves public liability coverage designed to cover your business from customers who get injured around your vending area or who claim that your products are dangerous or caused an injury. 

One-Day Craft Fair Insurance

For arts and crafts businesses that work at fairs, you may not need a full-term insurance policy. Instead, you could probably benefit from the lower premiums offered by one-day craft fair insurance policies. Sometimes referred to as on-demand insurance coverage or temporary craft insurance, these policies are designed to provide coverage for specific dates and times and are often more affordable than paying for an entire month of coverage. 


Craft Vendor Insurance

Craft vendors who sell their products at local farmer’s markets, flea markets, or other vending events will typically need craft vendor insurance. These policies typically include either public liability coverage or general liability coverage designed to protect you from claims against your products, property damage claims, or mishaps that happen around your vending area.


Craft Show Insurance

If you’re doing a small arts and crafts show, performance, or pop-up event, then you’ll likely be searching for craft show insurance. For show or craft market insurance, you’ll typically be looking at purchasing a temporary or one-day handcrafted insurance policy. 


Craft Insurance for Candles and Wax Melts

As the saying goes, “where there’s smoke, there’s fire.” So if you make your own candles or wax melts, you definitely need to maintain candle craft insurance or candle business insurance. This can protect you from claims that your candles caused a larger fire or weren’t designed to adequately protect the flame. Regardless of whether it was your fault or not, your business can still be held liable.

The same goes for wax melts. If you accidentally make a defective wax melt that catches fire or causes a burn on somebody, you could be held liable. Craft insurance for wax melts and candles can protect your business against these claims and the financial liability associated with them. This goes for soap makers insurance as well.


Craft Insurance Comparison

So, given the importance of insuring your small business, you’re probably wondering, “How much does craft insurance cost?” 

As you’ll see from our craft insurance comparison, purchasing an insurance policy for your small crafting business is quite affordable! Although claims and accidents can happen, they aren’t quite as common compared to other industries such as electrical work or food vending. Therefore, the lower risk associated with the industry translates into more affordable craft insurance premiums! 

In general, the average craft insurance cost is around $42 per month, or $500 per year for general liability insurance policy for crafters. In this table, we’ve provided some average numbers of what you can expect to pay for a basic arts and crafts insurance policy with some of the best craft insurance companies. 

Insurance ProviderAverage Monthly RateAverage Annual Rate
The Hartford$61$732
Direct Line$45$540
State Farm$38$456
USAA$34$408
Geico$55$660
Next $48$576


How To Find Cheap Craft Insurance

As you can see, craft cover insurance typically costs less than most people’s monthly cell phone bill, so there’s no reason why you can’t find an affordable craft insurance policy. Keep in mind that these rates are just an average calculated from comparing rates from small craft insurance providers around the country. 

Your own rates may differ and could be slightly cheaper or more expensive. Your individual rate will differ based on factors such as:

  • The city you do business in. 

  • Whether you’re mobile, home-based, or have a retail location. 

  • Your gross receipts and annual sales. 

  • How much your coverage limits are. 

  • How high of a deductible you pay. 

  • The type of arts and crafts you do. 

Overall, though, you shouldn’t have any problem finding cheap craft insurance. The best way to get a good rate on your insurance policy is to compare quotes from different insurance providers. 

To compare craft insurance quotes today, click the ‘Get Quotes’ button below, follow the process and enter a few basic details on your arts and crafts business, and you’ll receive custom quotes online from top insurers to find the best coverage for your business needs! 

Best Craft Insurance

Based on our research and overall satisfaction ratings from small craft business owners, we’ve found that Direct Line is the best craft insurance agency for people looking for handmade goods insurance and craft liability policies. Below, we’ve included a brief review of the company along with some notable pros and cons mentioned by their policyholders. Additionally, we’ve also included the average monthly premium cost that you can expect to pay for handmade insurance policies. 

Direct Line Craft Insurance

Compared to other large insurance companies like Geico or State Farm, Direct Line is relatively new to the insurance scene and has only been providing business insurance since 2007. Since then, however, the UK-based insurance group has made an impact on its customers and has amassed just under a million customers. 

When it comes to purchasing coverage for crafters, Direct Line provides excellent handmade product insurance policies. Whether you need coverage for an upcoming fair event or you want coverage for your larger arts and crafts studio, you’ll be able to purchase both temporary and full-term liability policies to protect you and your business from claims of all types. 

Pros:

  • Excellent reputation for customer service. 

  • Provides liability coverage for small, mid-sized, or large craft companies. 

  • Affordable rates for handmade product insurance. 

  • Temporary and full-term handcrafters insurance available. 

Cons:

  • As they’re based in the U.K., there may be some difficulties with the time difference when calling to make a claim. 

Best For: Small to mid-sized arts and crafts businesses and vendors. 

Average Cost: $52/month for business liability insurance. 

Rating: 4.5/5

Compare Craft Insurance Quotes

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