Zigzag Vending Posted May 22, 2017 Share Posted May 22, 2017 Im getting ready to buy a bulk rack route and im thinking it may be time to look into insurance. Ive heard some companies wont insure anything "amusement" related. So for those of u with insurance, whose your provider and what are you paying for what kind of protection? Link to comment Share on other sites More sharing options...
QuikVend Posted May 22, 2017 Share Posted May 22, 2017 I have liberty mutual. I have a $1 million liability policy on everything. Bulk, full-line and toys. Runs me $500/year Sent from my SM-N920V using Tapatalk Link to comment Share on other sites More sharing options...
Mehehe Posted May 22, 2017 Share Posted May 22, 2017 Country companies, 1 mil liability, everything about $400/year. Link to comment Share on other sites More sharing options...
sweetstop Posted May 23, 2017 Share Posted May 23, 2017 State farm 1mil liability about $450 year Link to comment Share on other sites More sharing options...
musser Posted May 23, 2017 Share Posted May 23, 2017 State Farm, your premium will be based on exposure: your sales Link to comment Share on other sites More sharing options...
Zigzag Vending Posted May 23, 2017 Author Share Posted May 23, 2017 Ok thanks everyone. Link to comment Share on other sites More sharing options...
sweetstop Posted May 23, 2017 Share Posted May 23, 2017 no its flat rate Link to comment Share on other sites More sharing options...
Mehehe Posted May 23, 2017 Share Posted May 23, 2017 Country Companies does it the same way as State Farm then. I am in the first tier right now since I'm just starting which is sales under 5k a year. I don't know what the increments are after that. Link to comment Share on other sites More sharing options...
musser Posted May 23, 2017 Share Posted May 23, 2017 Maybe for you but not for me, your "flat rate" is more than likely because the rate is actually the minimum rate. Larger business rates are based on exposure. As mehehe just commented there are brackets, ei, exposure Link to comment Share on other sites More sharing options...
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