When to Convert to Business and Obtain Product Insurance

[johnpma]

Don't think that will cover product liability. I have a farm policy. It does not include product liability. I have to a rider for that. Everyone has to pick their own comfort level. I also carry market liability which would cover someone getting hurt at the stand or a canopy blowing over on something/someone. The market we go to does not require it.

no I'm sure it won't however if there was ever a lawsuit and there was not liability coverage then the lawyer would next look at assets in which case his home would be protected I agree dealing with the public can be tough I think I would be more worried about people visiting your sugar house and getting injured over selling 3 gallons of syrup at a farmers market it's all risk management.......

[Michael Greer]

Don't worry about it at that level. I have sold over 100 gallons without getting past the family and friends bracket. The only reasons to become a "business" are bank loans or tax advantages. I'm willing to wager that no one has ever been poisoned by maple syrup.

[wiam]

Don't worry about it at that level. I have sold over 100 gallons without getting past the family and friends bracket. The only reasons to become a "business" are bank loans or tax advantages. I'm willing to wager that no one has ever been poisoned by maple syrup.

Not true. Vermont inspector has been to hospital twice that I know of from tasting syrup.

[jmayerl]

Not true. Vermont inspector has been to hospital twice that I know of from tasting syrup.

Please elaborate on this for us

[wiam]

I don't remember details but Henry Markeshas been hospitalized after tasting syrup. It may have been some kind of cleaner but I can't be sure of that.

[Woodsrover]

Second year tapping and I plan on making/selling 50-70 gallons of syrup this year. I have a "Farm and Ranch Policy" from State Auto. It covers my sugar shack as well as $300k in product liability. It's $557 a year. Its worth it to me for peace of mind.