Why Gift Basket Insurance Protects More Than Business

by Shirley George Frazier on February 9, 2010

protect your gift basket business against fire and theftAs a gift basket designer, your main focus is finding products, making deliveries, and earning revenue.

Business is moving along and hopefully increasing each day, but there’s also a chance that an unforeseen situation may come your way. Here are three examples.

  • A client picking up a basket at your location trips on a stair.
  • A telephone call notifies you that a person who received your gift basket is in the hospital because he ate a tainted product.
  • Your entire workspace is flooded, and more than half of your inventory is ruined, causing thousands of dollars in lost merchandise and sales.
  • Liabilities happen against many businesses, and because your business is food based, there’s a good chance that such a situation will occur. It’s your responsibility to make sure you are protected against these circumstances.

    Insurance isn’t a glamorous topic, but it is a service that provides peace of mind while you continue to create beautiful gifts and baskets.

    Many insurance carriers call gift basket coverage “crafter’s insurance,” but don’t let that arts-and-crafts name fool you. Such insurance provides you with a minimum $1 million in liability protection and other built-in coverages that let you rest comfortably at night.

    Review this business insurance information page to consider your options. You want the media to talk about your gorgeous designs, not a customer seeking damages because of a tainted product.

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