TheCandy Posted November 12, 2012 Share Posted November 12, 2012 I have secured a few good locations for my Wowie Zowie machines. These locations (as I expected) Require me to carry insurance. Does anyone have any suggestions on companies that cover this sort of thing that have reasonable rates and preferably can do it all online. Thanks Link to comment Share on other sites More sharing options...
sweetstop Posted November 12, 2012 Share Posted November 12, 2012 there is a lot of discussion on here about this if you do a search but I use state farm for basic liability coverage and its only about $30 month Link to comment Share on other sites More sharing options...
mission vending Posted November 12, 2012 Share Posted November 12, 2012 I have secured a few good locations for my Wowie Zowie machines. These locations (as I expected) Require me to carry insurance. Does anyone have any suggestions on companies that cover this sort of thing that have reasonable rates and preferably can do it all online. Thanks Have they told you how much insurance they require? (most require 1M in coverage) Link to comment Share on other sites More sharing options...
TheCandy Posted November 13, 2012 Author Share Posted November 13, 2012 Have they told you how much insurance they require? (most require 1M in coverage) Yeah they require 1M... sounds like that is pretty standard... Most of the agents i have talked to already today have told me that this type of policy usually starts at around $500/year Link to comment Share on other sites More sharing options...
mission vending Posted November 13, 2012 Share Posted November 13, 2012 For a new business with no claims history that's probably about right. I use a independent agency that can shop it around to a number of carriers. Link to comment Share on other sites More sharing options...
sherlock Posted November 13, 2012 Share Posted November 13, 2012 I have secured a few good locations for my Wowie Zowie machines. These locations (as I expected) Require me to carry insurance. Does anyone have any suggestions on companies that cover this sort of thing that have reasonable rates and preferably can do it all online. Thanks I have my policy with The Hartford and am very pleased. Link to comment Share on other sites More sharing options...
amc-vending Posted November 13, 2012 Share Posted November 13, 2012 i am with state farm and carry a 1mil policy and it runs me 21.00 a month Link to comment Share on other sites More sharing options...
rodney69 Posted April 28, 2014 Share Posted April 28, 2014 Also, if you have just a small income coming in and you don't have many machines, you can get full coverage and a 2 mil policy for the same price. 20-30 is a minimum. I have full coverage with a 100.00 deductible for the same cost as a 1 mil. Something to keep in mind. If your at the min, might as well get the best coverage! Link to comment Share on other sites More sharing options...
Vending How Chris Posted June 27, 2014 Share Posted June 27, 2014 This article might be illuminating. Link to comment Share on other sites More sharing options...
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