It seems impossible to get relevant and specific business insurance for the things that really matter - particularly product liability. I have an internet business selling a very wide variety of products/gifts online. My business evidenly does not conform to the criteria that insurers feel are a "nice safe money making bet" for themselves. I work from home until the business is bigger, it sells more than one type of product (not just gadgets/electrical items or clothing etc). A lot of the products are handmade or exlusive. I sell to NAmerica as well as Europe and UK. All of this means I can't get proper prod liablty insrnce cover. So if I can't get insurance, what happens it I continue without it? I have tried so hard over the past year and it just seems impossible, I am not prepared to totally change the business to suite some insurance company, or spend thousands buying a useless policy that covers irrelevant bits when product liability isn't being covered. What can I do?
2006-06-17
06:37:03
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6 answers
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asked by
Elene
1
in
Insurance