I’ve been robbed!
Did someone break into my store? Nope.
Did I get held up at gun point? Nope.
Was my identity get stolen? Nope.
I was robbed at a hotel. That’s right, at a hotel. Thieves stole two suitcases filled with merchandise out of my hotel room at a convention. No break in; they either had keys or picked the lock and relocked the door.
You would think I would be very stressed out by this. To be honest, I was — just a little. As soon as I talked to my insurance agent, I was relieved.
Appropriate Insurance Coverage
When I started this business my Dad advised me to get special insurance to cover my merchandise when I took it out of my store. That kind of insurance is called “Overland Marine” and it was designed to ensure freight in transit. Thanks to my Dad I have the right kind of insurance. DO YOU??
Are you insured when you take your clown props out of your house to a performance? Unless you have made arrangements with your insurance agent, chances are you are not. Each policy is different.
Don’t make the expensive mistake a retired mechanic made. His garage was recently robbed of $50,000.00 in tools. He assumed his home owners insurance would cover the loss. But because he did some oil changes on the side and charged money for them, he was not covered.
Call your insurance agent TODAY and find out if your home owners insurance policy will cover the loss of any of your clown props in the home or if you take them to a job and they get damaged or stolen. You will probably need a Business Property Rider on your home owners policy or a separate Business Insurance policy.
If you ever got paid at any time you need the business insurance. Don’t assume that an adjustor will not find out that you got tipped $20.00 for doing a free performance at the Christmas show just to cover the 5 gross of balloons you donated! It is not worth the risk.
Protect Your Investment
You may not think your stuff is worth that much. I took a guess at $2000.00 when the policeman came to write up the report at the hotel. Boy, was I wrong! Once I got home and starting totaling all the stolen stuff, I am at $5500.00 and still counting!
Keep receipts for all your clown merchandise. Make it easy and have separate folders if you have a lot: balloons, magic, face paints, puppets, props, costumes, make-up, etc. If your car was broken into and all your face paints or magic props were stolen, it would add up fast.
Do not assume that people won’t want to steal your stuff just because it may be silly-looking. I don’t know what the thieves thought when they opened the suitcase and found 26 Mad Hatter Top Hats, striped clown t-shirts, make-up, colorful costumes, and a lollipop drum! I just hope that they had some fun, gave it to their kids, or at the very least did not throw it into a dumpster.
Hey, maybe it will inspire them to get into clowning and give up a life of crime…that would be awesome!
Protect your investment in clowning with a good insurance policy!
Do you have any business advice for clowns? Do you have a personal story to share about protecting your business? Write a comment below or post it to our Mooseburger Clown Arts Education Facebook Page
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- Clown on Board – How well does your clown travel?
- Shoe Care – Clown shoes are a big investment; here’s how to take care of them
- Washing Off Greasepaint – Here’s the best way to remove clown make-up
- Fabric Content – Buying material for sewing your clown costume