Are you struggling to find the best buy Business Liability Insurance for your vaping business? Look no further. Vaping has become increasingly popular. Sadly, there are very few insurance products customized for vaping businesses. This can leave your business exposed to several liability claims.
Little is known about the long-term effects of vaping. So as a vaping shop owner, you need to be prepared for any claims resulting from your products’ potential side effects. One of the best ways to do so is by talking to an agent at Farmer Brown about liability insurance.
In this article, we take a look at Business Liability Insurance and how it can benefit your vaping business.
Product liability coverage
Your vaping business can be held liable for any injury or sickness directly linked to your products. For example, a customer becomes sick and files a claim stating that their illness is a direct result of your vaping products. So you could be held responsible. However, if you invest in liability cover, you will not incur any legal or medical fees.
But, when looking for the best Business Liability Insurance to buy, check if the insurance policy has health hazard exclusions. If it does, your business will not be protected against injury or illness claims related to your products. As a consequence, this can prove costly in the long run.
Best buy Business Liability Insurance covers third party injury
If a customer is injured while at your vaping shop, you will be held liable and expected to pay their medical fees. Besides this, you can also be held responsible for injuries that occur outside your premises.
In addition, vaping instruments can explode and cause serious injuries. Even though these explosions are rare, you need protection against such claims.
So, let’s recap. Your business insurance will include General Liability insurance. This includes coverage for bodily injury.
Property damage coverage
In a worst-case scenario, say a customer’s house catches fire after an e-cigarette you sold them explodes. In this case, your vaping business will be held liable and expected to cover the costs of repairs to the house. This will leave an enormous dent in your finances. However, if you have the best buy Business Liability Insurance, it will take care of all your financial obligations related to the fire.
Staying ahead of your competition is tough. Regular marketing campaigns are a must to get your business out there. A simple marketing claim stating that your vaping products are better than your competitors can turn into a legal battle. In fact, your competitor can sue you for ruining their reputation and leading to loss of revenue.
Is your vaping business protected from liability claims? Find out!
The best Business Liability Insurance to buy is the one that offers broad and comprehensive coverage. But remember, any gaps in your coverage could put you out of business! So, we would love to put your mind at ease with our Vape lounge insurance.
But why choose us? We specialize in hard to place risk businesses, like your hookah or vape lounge. We work with over 6 carriers that write for high risk businesses. This means that we know where to get the best rates from reliable carriers.
Another thing: our professional agents will tailor a package that specifically fits your business. Why? Because no two businesses face the same risks. This isn’t hard to believe, right? A bed and mattress store simply does not face the same risks as a vape lounge. In fact, you should insist that your agent customizes your policy.
Last but not least, cheap insurance can be good insurance if you buy from a good company. We have many financing options and can normally get a policy to you within 24 hours. Your policy could cost as little as $1500 per year.
Call Farmer Brown Insurance at (888) 973-0016. We are here to help.