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Insurance


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Check with your homeowners insurance. Before the Guild, I had State Farm and it was I think $800 a year. So pricey but it didn't cover soapmaking, which is why I went with the Guild. Cheaper and covers everything I do for the same exact amount of coverage. 

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I have an LLC does that cover the insurance aspect?

No it does not. IF you run everything through your LLC like you should, then IF something happens, all that means is that your personal assets are protected, but anything under the LLC will not be if you don't have insurance. 

If you are not running your LLC correctly, than your personal assets are at risk also (either way, insurance or not) 

 

If you are selling or giving your products away, insurance IMO is an absolute must. 

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Many locations that host farmers markets, craft shows or faires require that they be named on general liability insurance policies of at least $1million. This covers them If, say, your tent blows over or a patron is injured by your tent or display.

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