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I got cover for framebuilding and it added about £500 to my already huge premium.
I'm not an expert but from what I gathered:
There is the complication/risk of 'sports equipment' and the liability is in 2 parts - the making and then the designing - public liability and professional indemnity. I got product liability but can't remember if the bike frames fell into that category.
So if you are doing the bike fit you are technically designing the frame for somebody and if they get an injury because it doesn't fit, your insurance company will be fighting the lawsuit so they want to charge you more. Likewise for the actual making if a frame fails and an injury happens, that's the public liability element, as I understand.So you could keep a premium lower (or try arguing it should be lower) if every customer specifies their own geometry or has a bike fit - or just take the professional indemnity risk yourself as it's minimal really.
Somebody may correct me but I'm pretty sure that legally a sole trader only needs employee liability insurance. Any other cover is optional, although advisable. Don't take my word for it though.
Sorry if you knew all that already and I was just waffling 🙏
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Fishfabs
@M_V
My insurance renewal has come around again and I think I'm probably over-insured for what I'm doing which I imagine means I'll be over paying.
My premium is £300 and something for product is it(?) liability only, no cover for my tools, workshop etc.
Who else is insured for small time framebuilding/parts fab/repairs, who you insured with and if you don't mind telling me, what you paying?