The Quick Guide to Liability Insurance for an Axe Throwing Business

Owning an axe throwing business is an exciting, yet intimidating venture. While axe throwing has been considered a sport as far back as the early 1800s, the recent excitement of axe throwing as a hobby has made it an even more exhilarating business to get into. But like most industries, the most thrilling organizations may also be the most hazardous. 

Axe throwing is no different from a career as risky as welding, construction or manufacturing, in that its risks are evident. Here are a few of the reasons to consider liability insurance:

• Bodily injuries involving axe throwing
• Property damage to walls and floors in the facility
• Defense costs to protect your business in case of a lawsuit from a liability claim 

By raising awareness of these risks and putting safety precautions in place, you can feel more comfortable and confident about keeping your employees and customers safe and satisfied with their experience at your axe throwing business. 

The Occupational Safety and Health Administration’s recommended best practices and safety precautions can help guide a safe environment, but professional liability insurance can provide peace of mind in the event that something does occur. 

Why You Need Liability Insurance for Your Small Business

Your axe throwing company doesn’t necessarily have to be tied to small business liability insurance coverage; it’s not legally required to have a general liability insurance plan in place. However, the risks associated with axe throwing make it a worthy investment. By adding this extra layer of protection, you can save your business from a potential total loss if an unfortunate event occurs. 

Here are two potential scenarios that could occur at your place of business that general liability insurance can protect:

1. A customer gets out of control and hurdles an axe toward his friend. General liability insurance can relieve you from the defense costs if you’re involved in a lawsuit with the customer. 
2. An employee is cleaning up for the night, loses balance and drops an axe on his foot. An insurance policy can help pay for the medical bills associated with injury 

What Other Types of Axe Throwing Insurance Do I Need?

Since safety is one of the top priorities in a risky business like axe throwing, it’s wise to consider other types of insurance beyond liability options. Some of the other types of insurance that could potentially benefit your business include:

• Property insurance
• Commercial auto insurance
• Errors and omissions insurance

Choosing the best insurance types for you should correlate directly with your specific business operations. Working with an insurance agent can help you determine which types of business liability insurance make sense for your unique axe throwing business:

“Only you know the extent of the risks your company faces, and it’s important to look at each one to determine your business’s unique situation,” wrote Adam Uzialko, editor of the Business News Daily staff. “However, you might want to get a risk assessment from an independent agent or company to help you determine final price points and insurance details.”  

Get a Business Liability Insurance Quote from InsurePro

At InsurePro, we understand that differentiating one insurance company from the next can be intimidating and confusing, especially if you’ve never dealt with general liability small business insurance. We’re here to help.

Are you searching for the best liability insurance for small businesses, but you have no clue where to start? We at InsurePro can take care of the hassle of finding the right insurance policy for you by shopping and comparing rates from more than 20 different insurance providers. 

We’ll get to know your specific business wants, needs and budget and find a suitable insurance company that protects your business without breaking the bank. Trusting in our top notch customer service allows you to get back to the business endeavors you’re passionate about and leave the insurance shopping to us. 

Are you ready to get started? Get your general liability insurance quote now to find the most affordable and effective policy for you. 

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