mac057 Posted January 29, 2014 Share Posted January 29, 2014 I'm going to start a bulk vending route I'm mainly going to start with candy and gum balls. Does anybody recommend getting insurance before placing machines. Sent from my SCH-I545 using Tapatalk Link to comment Share on other sites More sharing options...
dkochan Posted January 29, 2014 Share Posted January 29, 2014 I'd wait on buying insurance until you decide on staying in the business or have at least 50 locations. I have a business liability policy through State Farm which costs me about $300 per year. Link to comment Share on other sites More sharing options...
sherlock Posted January 29, 2014 Share Posted January 29, 2014 If you are not forming an LLC, I highly recommend insurance...but, not necessarily right away. Since you are just starting out, you can first put out a few machines and learn what it's like to be in the business. Once you KNOW vending is something you want to do, then buy insurance before expanding your route. If you start shopping around now for quotes, you will be ready to act when the times comes to take the next step in building the business. Do a forum search for "insurance" and you should find some threads about companies others use and opinions on the different type of coverage. Link to comment Share on other sites More sharing options...
Nick505 Posted January 29, 2014 Share Posted January 29, 2014 I am insured through state farm and it is $25 per month or $300 per year. Link to comment Share on other sites More sharing options...
mac057 Posted January 29, 2014 Author Share Posted January 29, 2014 Thanks for the advice guys Sent from my SCH-I545 using Tapatalk Link to comment Share on other sites More sharing options...
havending Posted January 29, 2014 Share Posted January 29, 2014 State Farm here also Link to comment Share on other sites More sharing options...
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