Seeking to get liability insurance from RLI, anyone have a link?

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RocknRoll

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Hey all, I've decided that getting insurance through RLI is going to best fit my budget. I was going to get it through the soapmakers guild but i just cant justify the $500 price tag. I've read that I can get a policy through RLI for somewhere around $200 with an income cap of $5,000 per year and insured up to 1M. Any help would be greatly appreciated. Anyone else get a specific policy with them? Im new at this and dont want to screw up :crazy:

THANK YOU!
 
So you know for sure that you are going to make less than $5000 per year?
ya, I cant imagine making more than that this year. If it looks like i need more insurance then I will upgrade to the soapmakers guild. Could you imagine?... That's $416 in sales per month!
 
If you did a weekend arts and craft festival you could make $416 in one day. Are you going after selling aggresively or are you doing a test of the waters type selling?
 
If you did a weekend arts and craft festival you could make $416 in one day. Are you going after selling aggresively or are you doing a test of the waters type selling?
Really? wow, just going to test the waters really. If it booms...and it might then i think i will have to just bite the bullet and upgrade to a more suitable policy. Im really a bad procrastinator so i think starting small will be my ticket. (for now) but...If I had more time off Id be marketing like gangbusters and hitting all the fairs. Id love to do it full time.
 
so what happens if you go over the income cap? Just buy more insurance?

You will have to find a different insurer. RLI only covers the product sold in the first $5,000 in income. After that, its not covered. Just to be on the safe side, I would just go ahead and get established with an insurance policy that allows for a much higher income and more products covered to begin with. I prefer the HSMG insurance policy because as long as I offer soap, it covers lotions, candles/tarts, etc. Changing insurance companies is a pain in the arse LOL
 

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