Firearms Insurance Agent Blog

A Brief Guide to Insurance for Gunsmiths

Gunsmiths are some of the most trusted people within the firearms industry. They’re in charge of repairing, modifying, engraving, and altering firearms that are brought to them by gun owners. Gun owners trust gunsmiths to fix their firearms up for them and return them as good as new. However, accidents can and sometimes do happen while gunsmiths are hard at work. Here are a few examples insurance that gunsmiths need to protect themselves when doing their jobs.

Property insurance

Gunsmiths operate out of shops that are often filled with firearms and accessories. There are a variety of things that can cause trouble for gunsmiths and their shops. A fire, a burglary, or a flood could all lead to a gunsmith’s shop and everything inside of it getting ruined. For this reason, it’s important for gunsmiths to have property insurance policies in place. These policies will protect gunsmiths, their shops, and the items and equipment that they keep in them.

Product liability insurance

If a gunsmith works on a firearm and that firearm ends up injuring a customer, the gunsmith could face a lawsuit. Product liability insurance will help protect the gunsmith and prevent them from encountering a mountain of legal and medical bills. This is one of the most basic types of insurance for most gunsmiths and covers a wide range of things.

Working with the right insurance broker

The firearms industry is a very unique industry. The people who work in it, like gunsmiths, are often forced to take on more risk than those in other industries. As a result, it can be a challenge finding the right insurance policies. It’s why gunsmiths should turn to a trusted broker when trying to figure out which insurance policies to obtain.

Associated Services in Insurance can help you find the right insurance for your company if you work as a gunsmith. Call us at 816-229-4450 today to learn about your property insurance and product liability insurance options.