Liability Insurance for Snack/drink/coffee machines

Accounts, Finance, Legal & Franchising information here
T-Vend
Coin Op Group Regular
Coin Op Group Regular
Posts: 135
Joined: Tue Sep 20, 2011 6:00 pm
Area Covered: Milton Keynes
Machines Used: Klix/skittles & minstrels
Referred by?: Google
Location: Milton Keynes, UK

Liability Insurance for Snack/drink/coffee machines

Post by T-Vend »

Hi,

Just trying to get info from others as I look for options for Liability insurance for machines while on third party sites.
My current policy ends this month via Bateman group and they are no longer able to insure. I've also tried Clear insurance and it's a no there too.

One broker has come back to me and said that the reason it seems insurers are retreating from the vending market is due to a couple of high value claims (one a leg snapping on a machine and falling on someone, and the other being a coffee machine that caused extensive flooding... Why anyone would install a coffee machine without a water block is asking for trouble!).

I'd be grateful for any suggestions!

Thanks
James
Siting Services
Coin Op Group Master
Coin Op Group Master
Posts: 502
Joined: Mon Jun 29, 2015 3:47 pm
Referred by?: Snackmore

Re: Liability Insurance for Snack/drink/coffee machines

Post by Siting Services »

Try these guys:

www.johnwhippy.co.uk

We used to send our Franchisees there and I have recommended them to many of my customers. Premiums were circa £100 pa - obviously it's dependent on size and turnover of your business.

Kind regards,

Barbara