ed
New Pyro Member
Posts: 7 
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Post by ed on Apr 20, 2018 13:17:09 GMT -5
Hi everybody !
My question is simple :
INSURANCE !
Do you know someone did some show (1.4) with or without insurance ?
It is annual or at the shot ?
I want to make some show at the house of my friend and maybe some cities but i dont know how
People tell me i need special fireworks insurance ?
Thank you
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Post by huggyd on Apr 20, 2018 19:36:59 GMT -5
Hello Ed and welcome.
Insurance seems to be one of those subjects that comes up every so often and there are some people here that can shine a light on what your asking better then me.
I wrote a long thing for you and then noticed it was for 1.4 your were asking not 1.3
My understanding cities will not touch you without 'I think' minimum 2M coverage. Just for a backyard show its about $1500 insurance, when I looked into it which was awhile ago. Add to the all the permits and then the cost of fireworks, good luck.
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INSURANCE
Apr 21, 2018 18:29:48 GMT -5
via mobile
ed likes this
Post by Aussie on Apr 21, 2018 18:29:48 GMT -5
99% of cites want 5 mil now, regardles if it’s 1.4 or 1.3
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INSURANCE
Apr 22, 2018 11:28:50 GMT -5
via mobile
ed likes this
Post by markhampyro on Apr 22, 2018 11:28:50 GMT -5
I may be wrong but I think he’s asking how much the insurance costs.
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ed
New Pyro Member
Posts: 7
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Post by ed on Apr 22, 2018 21:13:04 GMT -5
Thank you guys ! Half of my questions as been answered !The other half is :
Its annual fees or at every fireworks ?
Do you have som company name for insurance references (estimate)
Its very difficult to begin in this pyro world (i think). I do a lot of call for insurance estimate ($) and no body know how it works.
I aske myself how can i start legally if nobody know how it works in insurance business lol
thank you guys
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Post by bigtop on Apr 23, 2018 15:41:35 GMT -5
In Winnipeg insurance is not required to get a permit to shoot consumer fireworks. The main requirements are permission for the land where the fireworks will be shot and that the firing location is at least 30 meters from any buildings.
You should check with the municipality where you are planning to shoot what the requirements are.
The next consideration is do you really want to shoot fireworks as a business without insurance. I personally would not want to expose myself to that risk.
As for fireworks insurance cost, 20 years ago when I last was looking the minimum cost for any annual fireworks shooting insurance was $7000.00. I don't know what the minimum cost for a policy is now but I would guess that it is at least as much or maybe more. Companies like mine that sell larger volumes of fireworks and shoot more shows pay many times the minimum amount for insurance. The more you sell the more you pay for insurance.
Insurance cost is just another factor that adds to how much fireworks cost.
Single show policies are usually too expensive to be practical. They usually start at minimums of $1500.00 to $2500.00 and increase as the value of the fireworks to be shot goes up
Maybe some of the shooting companies could tell us what the minimum cost is now for an annual fireworks insurance policy.
If you look in professional shooting companies there is a thread with info on insurance. But as far as I know there is nothing that costs less than the prices above.
I think it is a good idea to get the costs and facts about fireworks insurance out in the open and talk about it because it can only lead to more competitiveness on the cost of the insurance. Lowering the cost of something we all need can only help the whole fireworks industry.
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Post by Xplode on Apr 26, 2018 0:24:38 GMT -5
I know Mystical (and possibly a couple other distributors) have insurance available with the fireworks purchase but you will be limited to shooting their product exclusively, and its usually offered as a percentage of the retail price (ie not the discounted price but the total of the MSRP for your products). This worked for 1.3 or 1.4 products.
I don't know if that's changed in the last year, but it was available last year. That made single shows affordable, but you'll need to reach out to the distributors directly.
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Post by Aussie on Apr 28, 2018 12:04:34 GMT -5
Rules have changed on that too.
Insurance companies clamped down on that, I guess they weren't getting their piece of pie,
Insurance companies stopped that last year and had to install clauses to cover the issue.
They may sell insurance now, but I doubt their selling it for what they pay
2 cents
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