JJVend Posted October 3, 2017 Share Posted October 3, 2017 Account is asking for liability insurance (machines have been there for 10 years) now they are up in arms about it as I am the new owner of the biz, previous owner wasn't required to carry insurance. I'm having a hard time finding companies for vending insurance. Who does everyone use? Have you ever actually needed to place a claim? - just curious.. Link to comment Share on other sites More sharing options...
allen watson Posted October 3, 2017 Share Posted October 3, 2017 State Farm. It’s cheap. 1M liability about $230. Link to comment Share on other sites More sharing options...
AngryChris Posted October 3, 2017 Share Posted October 3, 2017 The hartford. No. Link to comment Share on other sites More sharing options...
Southeast Treats Posted October 3, 2017 Share Posted October 3, 2017 Mine is thru Auto-Owners. Find a good local independent agent who specializes in business coverage.... Link to comment Share on other sites More sharing options...
CapitalCityVendingLLC Posted October 4, 2017 Share Posted October 4, 2017 We got 1 mil in coverage and I think it's like 600ish a year...I thought ours was fairly cheap but according to Allen Watson I need to go shopping for a better price... And no, we have never had to file a claim. Link to comment Share on other sites More sharing options...
allen watson Posted October 4, 2017 Share Posted October 4, 2017 I better check my numbers. 🤔 Link to comment Share on other sites More sharing options...
AZVendor Posted October 4, 2017 Share Posted October 4, 2017 CNA. You need to be seeking commercial business insurance so if it's just a homeowners company they won't have anything for you. You need business liability which will include completed products coverage and then add the umbrella policy to it. Link to comment Share on other sites More sharing options...
Lake Cities Vending Posted October 4, 2017 Share Posted October 4, 2017 I'm also looking into this today. Sent in for a quote from Hartford. Going by State Farm today also. Link to comment Share on other sites More sharing options...
Poplady1 Posted October 4, 2017 Share Posted October 4, 2017 http://www.businessinsuranceusa.com/vending-machine-insurance Try getting a quote here to compare. Link to comment Share on other sites More sharing options...
sphincorp Posted October 10, 2017 Share Posted October 10, 2017 Hartford also, about 700, was 230 years ago, but kept adding business' and "additional insured" nonsense..lol Link to comment Share on other sites More sharing options...
flintflash Posted October 11, 2017 Share Posted October 11, 2017 It's pretty standard stuff, any commercial insurance company should be able to help you out. More and more businesses are requesting "additional insured" certificates, just covering their behinds. It's more of a "peace of mind" thing for them, but I have not heard of anyone filing any claims. Link to comment Share on other sites More sharing options...
MVS Posted October 17, 2017 Share Posted October 17, 2017 On 10/3/2017 at 3:11 PM, allen watson said: State Farm. It’s cheap. 1M liability about $230. I received a very similar quote/rate from The Hartford. Link to comment Share on other sites More sharing options...
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