close

Privacy guaranteed - Your email is not shared with anyone.

Liability insurance

Discussion in 'Gunsmithing' started by Old Guard Dog, Jan 14, 2010.

  1. Old Guard Dog

    Old Guard Dog

    Joined:
    Aug 24, 2009
    Messages:
    13
    Likes Received:
    0
    Just received our FFL, and need to add more liability insurance. We have insurance for personal liability, such as a customer falling in the store, etc. I am concerned about product liability insurance. Before I contact my insurance carrier, I was wondering if there are other insurance companies that specialize in gunsmithing needs. I have been told to call the NRA, and I will do that tomorrow.

    What companies do you guys use, and what amount of coverage is appropriate?

    Any help would be appreciated.
     
  2. JuneyBooney

    JuneyBooney

    Joined:
    Feb 25, 2009
    Messages:
    18,216
    Likes Received:
    4
    Location:
    Northern Virginia
    Your business liability insurance will cover you if you are not intentionally negligent. If you are not negligent it will be pretty darn hard to sue for a product you sell. What are you trying to cover?
     

  3. faawrenchbndr

    faawrenchbndr DirtyThirty fan CLM

    Joined:
    Nov 24, 2005
    Messages:
    36,382
    Likes Received:
    652
    Location:
    Troy
    I would highly recommend having the business Incorporated.
    Will guarantee seperation of personal property from business assets.