Honda man Posted January 22, 2009 Share Posted January 22, 2009 Hello everyone, I got a quote from my State Farm agent today for $1,000,000 in liability. $250 a year, which seems very reasonable. Also includes property damage but I'm not sure how much it covers. Rate goes up if gross income is over $94,000 a year. I don't know if it's required here in NC, but I think it's worth it, at least for the peace of mind. Does anyone mention liability coverage when they're out locating machines? Do business owners tend to ask for this info? Seems like it would give credibility to my business and be a plus in getting a location. Any thoughts on this? Ernie Link to comment Share on other sites More sharing options...
McMEnterpr Posted January 25, 2009 Share Posted January 25, 2009 Ernie, Business owners have never asked me about liability insurance. However, it does give you wonderful peace of mind, as you said. Regards, Brian Link to comment Share on other sites More sharing options...
T BIRD Posted January 25, 2009 Share Posted January 25, 2009 Ernie......that same coverage costs me $923 per year here on Long Island. Link to comment Share on other sites More sharing options...
BluePlate Posted January 31, 2009 Share Posted January 31, 2009 Ernie......that same coverage costs me $923 per year here on Long Island.And a cup of coffee cost $6:shock: Link to comment Share on other sites More sharing options...
j0yfulgirl Posted May 20, 2009 Share Posted May 20, 2009 FYI for Illinois - I pursued several quotes in IL thru Safeco, local insurance agencies and "the big 3". I got the best price thru State Farm, $225 per year for 1 million in liability. Link to comment Share on other sites More sharing options...
mxer518 Posted June 1, 2009 Share Posted June 1, 2009 I called state farm today to get a quote and they said they can not insure the business if any machines are placed in a bar or restaurant. I was just wondering if you have had this come up as an issue when you got your policy? Link to comment Share on other sites More sharing options...
j0yfulgirl Posted June 4, 2009 Share Posted June 4, 2009 This is my insurance agent's contact information if anyone in IL would like to use her. Again, great rate. Marzena Holobud State Farm Insurance 4758 Main St Lisle IL 60532 630-963-0200 Link to comment Share on other sites More sharing options...
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