Are you a crafter or seller involved in the pottery industry? It’s essential to protect your business from potential risks and liabilities. Pottery insurance helps pottery business owners by safeguarding them from potential risks and liabilities.
This article explores various pottery insurance policies tailored for potters and provides insights on costs, coverage, and reputable insurance companies to consider.
General Liability Insurance for Potteries
This is a crucial policy that provides coverage for common risks and accidents associated with pottery businesses. This business insurance for potters protects you from financial losses from bodily injury, property damage, or personal injury claims against your pottery studio or business.Â
Coverage limits for general liability insurance typically start at $1 million per occurrence and $2 million aggregate per month.Â
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $2,000,000 | $1,000,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $2,000,000 | $1,000,000/$2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $2,000,000 | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $2,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $300,000/$1,000,000 | $300,000 | $100,000 | $100,000 | $1,000,000 |
| Waiver of subrogation included? | Yes | No | Included | Can be included | No |
| Hired/non-owned auto liability coverage included? | Yes | No | No | Can be included | Can be included |
| Equipment breakdown floater included? | No | Yes | Yes | Can be included | Can be included |
| Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Deductible | $0 | $0 | $0 | $0 | $0 |
Product Liability Insurance for Potteries
Product liability insurance is designed to safeguard pottery businesses from claims arising from their products.Â
If a customer alleges that your product caused harm, injury, or property damage, product liability insurance covers legal expenses, medical costs, and potential settlements.
Coverage limits for product liability insurance typically range from $1 million to $5 million per occurrence. It depends on the policy and your pottery insurance provider.Â
Commercial Property Insurance for Potteries
This policy covers physical assets, such as your building, equipment, tools, inventory, and supplies.
 In the event of covered risk like fire, theft, or vandalism, the insurance ensures you can recover financially and resume operations smoothly.
Coverage limits for commercial property insurance vary based on the value of your property and assets. Typically, policies start with coverage limits ranging from $100,000 to several million dollars.Â
| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
| Building coverage limit (minimum) | $50,000 | $260,000 | $25,000/$500,000 | $25,000 | $60,000 |
| Contents coverage limit (minimum) | $50,000 | $22,000 | $25,000/$500,000 | $25,000 | $60,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Excluded |
| Accounts receivable | Excluded | Excluded | $5,000/10,000 | Included | Excluded |
| Money and securities | Excluded | $2,500 | $1,000 | Included | Excluded |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded | Excluded |
| Business interruption floater | Excluded | Included | Included | Included | Excluded |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded | Excluded |
| Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded | Excluded |
| Employee dishonesty floater | Excluded | $5,000 | $2,500 | Included | Excluded |
Business Owner’s Policy for Potteries
A business owner’s policy (BOP) combines general liability and commercial property insurance into a single policy, offering convenience and cost savings.
Typically this business insurance for potters coverage limits start at $1 million per occurrence for general liability. Commercial property coverage, on the other hand, is $100,000. This insurance can help in situations such as:
- Business interruption due to unforeseen events, such as a power outage or equipment failure
| CoverWallet | Thimble (Best) | NEXTÂ | Hiscox | The Hartford | |
| General liability aggregate limit | $2,000,000 | $2,000,000 | $2,000,000 | $300,000 | $1,000,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $500,000 | $260,000 | $25,000 | $75,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes | Yes |
| BOP discount? | Yes | Yes | Yes | Yes | Yes |
Get all the best quotes from leading providers in a click of a button!
Tools and Equipment Insurance for Potteries
The insurance protects your pottery studios’ valuable tools and equipment. This policy covers repairing, replacing, or reimbursing your pottery-specific tools, such as kilns, wheels, hand tools, and other specialized equipment.
The coverage limit range varies based on the value and quantity of your pottery tools and equipment, typically ranging from $10,000 to $100,000 or more.Â
| NEXTÂ | Thimble | Hiscox | The Hartford | |
| Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $15,000/$25,000 | $5,000-$10,000 |
| Covers hired and borrowed equipment? | $3,000/$10,000 | $2,500/$5,000 | No | Yes |
| Miscellaneous equipment also covered? | $5,000/$10,000 | No | Yes | Yes |
| Offered as an endorsement to general liability insurance? | Yes | Yes | Yes | Yes |
| Deductible | $500 | $500 | $0 | $0 |
Workers’ Compensation Insurance for Potteries
Workers’ compensation insurance is vital if you have employees working in your pottery studio or business. This policy covers medical expenses, lost wages, and rehabilitation costs for employees who suffer work-related injuries or illnesses.
Coverage limits for workers’ compensation insurance vary based on state requirements and your number of employees.
Excess Liability Insurance for Potteries
It provides an additional layer of liability protection above and beyond the limits of your primary liability policies, such as general liability and product liability insurance.Â
Coverage limits typically start at $1 million and can extend to $3 million, depending on your specific needs and the pottery insurance provider.Â
Pottery Insurance Cost
The average pottery insurance cost is $35 per month or $420 per year for a $1 million general liability policy. Your actual rate may be the same or different depending onÂ
- Coverage types
- Coverage limits
- Business sizeÂ
- Business location
- Claim history
| Cost per Month | Cost per Year | Deductible | |
| General Liability Insurance | $35 | $420 | $0-$500 |
| Excess liability insurance | $48 | $576 | $1,000-$2,000 |
| Commercial property insurance | $50 | $600 | |
| Business owner’s policy | $85 | $1,020 | $1,500 |
| Tools and equipment insurance | $37 | $444 | $1,000-$2,000 |
| Workers compensation insurance | $90 | $1,080 | $2,000-$5,000 |
Help others make better decisions
Best Pottery Insurance Companies
NEXTÂ
If you’re looking for instant insurance online at reasonable rates, NEXT Insurance is a top choice. They provide affordable quotes from numerous carriers, ensuring you get the best coverage options.
Average cost: $18 per month
Our rating: 10/10
Pros
- Cheap quotes from numerous carriers
- 24/7 client service and online policy management
- Excellent customer service
- Comfortable compensation options
- No cancellation fees
Cons
- Not available in all states
CoverWallet
CoverWallet understands that as a pottery business owner, you need a streamlined approach to insurance. They offers a user-friendly platform that allows you to compare quotes
Average cost: $20 per monthÂ
Our rating: 10/10
Pros
- Simple and streamlined online application process
- Wide range of coverage options
- Dedicated support from licensed insurance advisors
- Competitive pricing
Cons
- Not an insurance company but an insurance broker
The Hartford
If you have an established pottery business with complex insurance needs, The Hartford is the company for you. They specialize in providing comprehensive insurance solutions tailored to your specific requirements.Â
Average cost: $22 per month
Our rating: 10/10
Pros
- A trusted and reputable insurance provider
- Comprehensive coverage tailored for pottery businesses
- Specialized risk management solutions
- Excellent financial strength and stability
- Variety of optional coverages to customize your policy
Cons
- Premium rates may be higher compared to some competitors
Tivly
When it comes to specialized coverage for pottery businesses, Tivly is the ideal choice. They understand the unique risks and challenges you face and provide insurance options designed specifically for potters.Â
Average cost: $24 per monthÂ
Our rating: 9/10
Pros
- Has affordable insurance solutions
- Getting a quote with Tivly is fast and easy
- Easy policy management
Cons
- Limited availability
ThimbleÂ
Thimble offers on-demand coverage, allowing you to purchase insurance for specific projects or time periods. With their streamlined online platform and mobile app, you can easily manage your policy and enjoy the convenience of flexible coverage.
Average cost: $26 per month
Our rating: 9/10
Pros
- The possibility to buy coverage for your business for a brief duration, such as 1 month, 1 day, or even just 1 hour
- They are financially stable
- Instant policy issuance
Cons
- May not be as comprehensive as some other providers.
HiscoxÂ
Over the years, Hiscox has grown into a global provider of specialized insurance solutions in various industries. Today, Hiscox operates in multiple countries and has become a trusted name in the insurance industry.
Average cost: $28 per month
Our rating: 9/10
Pros
- Specialized insurance coverage for artisans and crafters
- High financial strength ratings
- Responsive and knowledgeable customer service
- Flexible coverage options and customizable policies
Cons
- Higher pricing
