Mdrumgool Posted May 13, 2014 Share Posted May 13, 2014 Trying to see what guys do about insurance? Had a snack and soda machine in a gym and they got broken into and destroyed my machines? Is it worth getting insurance on them, what about the property owner are they liable at all? They were used machines valued at about $1800 for both. I have liability insurance but havent checked into theft? Thanks for any inputs!! Link to comment Share on other sites More sharing options...
orsd Posted May 13, 2014 Share Posted May 13, 2014 what machines are they, and what makes you think they are totaled? insurance is not worth it because of the infrequency of break ins and the high deductable dont even think about holding the location liable for break ins, it will get you kicked out real fast, make the location unavailable for other vendors, and give the industry a bad name. Link to comment Share on other sites More sharing options...
Mdrumgool Posted May 13, 2014 Author Share Posted May 13, 2014 I had the tech come out and look at them but they cut holes all thru them, broke all the glass, and everything, all for about $50 dollars! Just asking about the owner situation wasn't sure if they were covered under their insurance? I already replaced the drink machine and told them we will wait on a snack for now. Link to comment Share on other sites More sharing options...
orsd Posted May 14, 2014 Share Posted May 14, 2014 dont ask the location just suck it up asking them to take resposibility should get you kicked out and give th industry a bad name, dont do it! how much does the place make a month also, PM az vendor on here, get hasps, t hadle lock guard, steel vali covers, the works also consider a cage Link to comment Share on other sites More sharing options...
Vending How Chris Posted June 27, 2014 Share Posted June 27, 2014 I had the tech come out and look at them but they cut holes all thru them, broke all the glass, and everything, all for about $50 dollars! Just asking about the owner situation wasn't sure if they were covered under their insurance? I already replaced the drink machine and told them we will wait on a snack for now. This article might help you. Link to comment Share on other sites More sharing options...
the swede Posted October 16, 2014 Share Posted October 16, 2014 Chris - just found your vendinghow.com site - this is great for me as I'm just getting started in the business. Excellent work. Link to comment Share on other sites More sharing options...
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