Yep, you can't cover a manufacturing business on your homeowners policy. You need a business policy. SELLING them, if you buy them from someone else, is probably going to run you around $500 a year, for business liability. But if you MAKE them, it's probably going to start at $1500. Plus, if you're manufacturing candles in your home or garage, your current homeowners carrier is probably going to not want to insure your house - it's a significant fire hazard increase. You can't buy directly, so you're going to have to go to a local, independent agent for quotes. Or, you can see if Allstate will give you a quote for business insurance, but I bet they won't.
by mbrcatz - 10 hours ago
To answer your question, the best thing to do is to call a surplus line broker. They deal with many outside business carriers, who will write your type of risk. It is going to have to be a commercial business policy, and the premium is probably going to start around $1500+ their fees. It will cover you for any product liability, and premises liability. Its definitely what you need. You should also get a Errors & Omissions policy (E&O) for malpractice reasons. What state are you in?
by C - 10 hours ago
I believe State Farm could cover your type of business. I have customer now that has a candle business. Call a different State Farm office and tell them to call their underwriter and ask. They do not write your type of business everyday and might not know. I can not believe Allstate would not write it. You might want to give that a 2nd shot and call the agent back and ask them to check with their underwriter. I work with a State Farm office and have a customer with a candle business but that is in California.
by car253 - 10 hours ago
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