Jump to content


JBaymore

Member Since 06 Apr 2010
Offline Last Active Yesterday, 09:37 PM
*****

Posts I've Made

In Topic: Instructions For Uploading Images To The Gallery

Yesterday, 09:39 AM

RE: Avatars:

 

http://community.cer...-avatar-issues/


In Topic: General Liability Insurance

23 May 2015 - 03:04 PM

You can usually get something like $2,000,000 of combined product liability, show liability, studio premises liability, and studio equipment and tools loss coverage for less than $900 a year with places like the Potters Council, ACC, and CERF+. Makes the $300,000 for $300 not look so good. 

 

$300 a year for $300,000 is $1 for $1000 of coverage.  $900 a year for $2,000,000 is $1 for $2222 of coverage.

 

If for example (god forbid), a large heavy display of pots at a fair falls on a toddler.......... and the child is severely injured and in the hospital for any amount of time........ $300,000 is not going to go all that far.  Add in a suit for any "pain and suffering", loss of future abilities or whatever, and other such stuff.... and the total can likely go up pretty fast (plus the 'take' for the lawyer's part).  There are lots of other such "accident" scenarios you can come up with. 

 

In this regard... also think about your CAR insurance these days for another place that likely a lot of folks are 'under-insured'.  The typical car insurance policy an awful lot of people take is a coverage of $20,000 / $50,000.  These days....... with many cars costing huge bucks and medical costs astronomical...... that kind of coverage does not go far.  Even $100,000 / $300,000 is not all that much.  (Now if you are driving from or to a craft fair with that car in an accident,...... and the car is not listed for some fraction of business use........ I'm thinking that the insurance company is going to want to 'walk away' from that if they can.)

 

Morality issues aside here... some of this also depends on what exactly you are protecting.  For some potters who have lots of assets from a working spouse, a different job, family money, or an incredibly successful pottery business...... the more you have... the more you are a "target".  And the more you stand to immediately lose.  If you have a big home, lots of cash in the bank, and so on....... unless you are doing business as an LLC... all of that is potentially "at risk" from your pottery business should something BAD happen.

 

Some people argue that having lots of insurance is ALSO making yourself a "target".  But in that case ..... if the arrow happens to hit the bulls-eye........ you do HAVE insurance.

 

If you 'have nothing' then you can say well....... they can't take anything from me because I don't have anything.  But they CAN take stuff.  Your future earnings.  You can be working the rest of your life to pay off that "oops".  So that is not really a valid argument on this subject.  

 

Decent insurance is just a "cost of doing business" these days.  And is deductible on your taxes.

 

best,

 

.....................john


In Topic: Instructions For Uploading Images To The Gallery

23 May 2015 - 10:14 AM

Judy.... THANKS for the kind contribution to the CAD forums. 

 

best,

 

...................john


In Topic: Refiring Glaze - Food Safe?

23 May 2015 - 08:48 AM

My take on this is ...... if you have to ask.... don't sell it.

 

"Right on" about the concerns about the "it is patched" aspect.

 

The problem with selling pieces that you indicate are "decorative" or "not for food use" (but look like they COULD be) is that the instructions at BEST only go with the first purchaser.  Hang tags get lost, pieces get given as gifts.  Memories fade.  Stuff gets inherited.  Pieces go to thrift shops and flea markets.  The INFO does not go with it.

 

There is a reason that the FDA requires FIRED ON documentation for lead glazed pieces that are "decorative only".

 

Make another one...... it'll be better and you'll sleep easier.  And it won't come back to bite you later.  Or "bite" anyone else.

 

best,

 

......................john


In Topic: General Liability Insurance

22 May 2015 - 09:14 PM

Potters Council has business insurance tailored to potters.

 

Another tactic to help protect yourself is to go with a LLC........  I believe that Chris can speak to that one.

 

America is the land of the contingency lawsuit...... which helps drive the whole litigation problem here.  It is better than buying a lottery ticket....better odds.  The lawyers get paid only if they win... so no financial risk to the plaintiff....... and hence the awards get jacked up to outrageous levels so that the lawyers % chunk is big.  I'm surprised that we've not seen the ads yet.........  "Call 1-800-SUE- POTS." :rolleyes:  ;)

 

Also note... the insurance is not expensive..... so that says the real issue is small.

 

best,

 

..............john