The Framers Forum

I've just had a quote for specialist framing insurance for my shop I'm opening. It includes public liability and in process insurance......but it seems really expensive. How much roughly is everyone paying for something like that?

Thanks in advance

Chris.

Specialist insurance policies often are a bit expensive. I'm with a ordinary local broker, who finds me cover at a reasonable cost. It's a bit of a lottery and it's not wasy to work out the reasons for that.

Everyone's business is different, where you are situated, what door locks you have , intruder alarm,fire alarm, flood plane, Post Code, do you clear out the waste from your morso every night and store outside, how much cash is on the premises, what cover you have (value) for all your equipment, computers, loss of data, are you working from a retail space, industrial space, from home etc...........

Never knew there was Specialist Framing insurance, never been offered it when I rang around

I'm on a flood plane, so up until 3 years ago I was paying over £1250.00 a year, then I was told from then on I would not be covered for flooding, but the cost would be a bit more !
Plus I had too also pay the landlords building insurance as part of my lease.

Would be interested to hear from any framer that has made a successful claim.

The insurance I've been quoted for is from Besso and its specialist Art Framing Insurance which covers everything from cash on site, artwork, work in progress, stock, and machinery. I even have personal injury cover and public liability included. From what I can see from others on here I think for what I will be paying, around 1200 a year, its very reasonable. The proof will be in what happens if I ever need to claim, but for what I have included it seems very reasonable indeed.

I posted about this a while ago.
I was with Besso, until I spoke to a framer who was paying half that amount for much higher cover.
I moved to Hiscox who have provided me with a very similar policy but higher coverage for between £600-£700.
The proof will always be if the company pays on a claim, however it is peace of mind for a customer to know that you have insurance in place.
I always mention to customers with high value pieces that if I need to make a claim whilst their work is in my care, the onus will be on them to provide proof of the value of the piece.

Hi Chris,

I recommend you get a quote from:
https://craftinsurance.co.uk/ (Ian W Wallace Ltd)
I find them very helpful and, having shopped around, best price.

Cheers,
Colin.

I'm with the NFU. My policy included buildings insurance + the usual public liability, etc.

Most policies have a section for "Goods Held in Trust" - customers stuff that you have on the plot. I have a set amount
of cover, but now and then I'll have something of high value in which case I'll ring them to arrange temporary cover for the
time I have it in my care. BUT you must be a able to prove the value. I friend of mine had a painting in his window that got
destroyed when some kind soul put a scaff pole though his window. He had it for sale at about £150, but the assessor wanted
to know the cost of the paint and canvas. If you want a payout, make sure you establish firmly what the item is worth.