tblake05 Posted January 27, 2023 Share Posted January 27, 2023 Who do you all use? My rates went up again! and I had my agent check into other carries. 1800/year is the lowest amount. For 25 Machines. yuck Link to comment Share on other sites More sharing options...
AngryChris Posted January 27, 2023 Share Posted January 27, 2023 4 hours ago, tblake05 said: Who do you all use? My rates went up again! and I had my agent check into other carries. 1800/year is the lowest amount. For 25 Machines. yuck Are you covering your equipment value?!? I pay maybe $500 I think but none of my equipment is covered in the event if a loss. I figure, a building could blow up and take a couple machines with it maybe a couple times in my lifetime, but the money saved from not covering them will make up for it. Or a massive natural disaster could destroy the entire city and take my business with it, but that would likely take our lives and everyone else's livelihoods with it. In either event, I think it's better to not get them insured. Liability though, I either have one or two million. 1 Link to comment Share on other sites More sharing options...
Zachsea Posted January 27, 2023 Share Posted January 27, 2023 5 hours ago, tblake05 said: Who do you all use? My rates went up again! and I had my agent check into other carries. 1800/year is the lowest amount. For 25 Machines. yuck You should probably look into whats included with your coverage because they’re either gouging you like crazy or they dont understand something about what business you’re in here. Just renewed our policy beginning of the year for a full year for just over $600…. 1 Link to comment Share on other sites More sharing options...
tblake05 Posted January 28, 2023 Author Share Posted January 28, 2023 Thanks guys. Yes I thought something was up. I’ll talk to them. Thanks Link to comment Share on other sites More sharing options...
AZVendor Posted January 28, 2023 Share Posted January 28, 2023 Yes, make sure you aren't covering the machines, just the liability. 1 Link to comment Share on other sites More sharing options...
NYCandyMaN Posted February 26, 2023 Share Posted February 26, 2023 what does the liability cover? which company are you using? Link to comment Share on other sites More sharing options...
OVend Posted February 26, 2023 Share Posted February 26, 2023 I use Next Insurance $25 / month Link to comment Share on other sites More sharing options...
tblake05 Posted February 26, 2023 Author Share Posted February 26, 2023 I dropped it down to cover general liability and no equipment and it’s 550 a year. I didn’t even realize I was covering so much. My agent never even gave me an option. Link to comment Share on other sites More sharing options...
Gizmo Vending Posted February 26, 2023 Share Posted February 26, 2023 17 minutes ago, tblake05 said: I dropped it down to cover general liability and no equipment and it’s 550 a year. I didn’t even realize I was covering so much. My agent never even gave me an option. Gotta love the guy. Link to comment Share on other sites More sharing options...
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