fhamann Posted March 31, 2017 Posted March 31, 2017 Hi, I have been required to get liability insurance at one location. I called an insurance company and they said they will insure my whole route, about 15 locations, for $629 per year. The coverage level is $1 million each occurrence /$2 million aggregate. Is this a reasonable quote. It is from Bolt Insurance Agency. If not, can you suggest another company I can call? I have never purchase this type of insurance. thanks, Frank Hamann Orange, CA
AngryChris Posted March 31, 2017 Posted March 31, 2017 I would say that is reasonable but you should try to get in touch with The Hartford. They regularly insure vending companies. $1 million/$2 million is good.
Southeast Treats Posted March 31, 2017 Posted March 31, 2017 That's not a bad quote. I use Auto Owners and they are much more reasonable that other quotes that I had. Premiums are usually based on annual gross sales. Looking back, I was paying about half that amount when my sales were only about 70K a year...
arkhusker Posted March 31, 2017 Posted March 31, 2017 I'm currently using Auto-Owners as well but may check into the Hartford. Also, I think Allstate is a NAMA listed provider.
AngryChris Posted April 1, 2017 Posted April 1, 2017 I believe allstate is who brokered me in with the Hartford.
jerrybrooksvendall Posted April 1, 2017 Posted April 1, 2017 I just signed up with Liberty Mutual. $500/year Liberty take care of Ohio? I might go with them.Sent from my Z987 using Tapatalk
QuikVend Posted April 1, 2017 Posted April 1, 2017 Liberty take care of Ohio? I might go with them.Sent from my Z987 using TapatalkYeaSent from my SM-N920V using Tapatalk
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