Hey everyone! I just had my insurance canceled because I do woodworking in my commercial space. I thought my workspace was safe, especially after passing a fire inspection. Now, I'm looking for recommendations for insurance companies that will cover a woodworking shop in California. Any advice would be greatly appreciated!
3 Answers
Honestly, it sounds like the insurance company was just looking for an excuse to drop you. They don't really want to take on any risks, especially in California where the costs from claims have skyrocketed recently. It's frustrating, but that's how they operate now. Definitely look around!
Yeah, they might as well just raise the price if that's their main concern.
I suggest checking out Chubb insurance; they cover woodworking shops! Also, teaming up with a local business insurance agent can really help. They'll know which companies to talk to and can find competitive rates for you. As long as you’re primarily just making furniture and not running a contracting business, you should be fine!
Great to know! I'll definitely check them out.
Definitely go that route. A good agent can save you a ton of hassle.
Insurance prices for specific activities like woodworking have risen a lot lately due to the increased risks. It's a good idea to talk to your local state representative about how these regulations affect small businesses. They might be able to help you find better solutions!
Totally agree. In California, they seem to be pulling out of the market rather than adjusting their rates to be sustainable.