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 Posted: Thu Jun 11, 2009 8:24 pm Post subject: Coffee cart |
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Hello,
If I have a coffee cart (expresso, capuccino, latte etc.) and I rent this one for a parties, do I need an Insurance policy?
Thank you, |
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artudechez
New member
Joined: 11 Jun 2009
Posts: 1
1.29 Dollars($)
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| Posted: Thu Jun 11, 2009 8:54 pm Post subject: |
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Everyone could always use insurance.
The choice is yours. What if the rental equipment is damaged... can you afford to pay for it? What if someone sues you because the equipment injured them... could you afford to address the injury?
You need to sit down with an agent and discuss what coverage might be available and the cost. |
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tcope
Forum Expert
Joined: 22 Nov 2006
Posts: 2779
Location: Salt Lake City, UT
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| Posted: Fri Jun 12, 2009 4:11 am Post subject: |
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Hi artudechez,
| Quote: | | If I have a coffee cart (expresso, capuccino, latte etc.) and I rent this one for a parties, do I need an Insurance policy? |
Did you ever think that it's not worth covering for something like this?
If you find it wise to get it covered (like the way tcope has pointed out the need to get it covered), you should decide about the coverage limit. Do keep us informed about your decision.
Steven |
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steven
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Joined: 02 Feb 2006
Posts: 760
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| Posted: Fri Jun 12, 2009 4:50 am Post subject: |
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Artudechez, you definitely are earning some revenue by renting out the coffee cart, right?
Have you ever thought that you might lose out the income if the machines got damaged?
Now if you care for that income loss you may get insurance to cover such losses.
~Jeremy |
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JeremyHolter
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Joined: 06 Jun 2007
Posts: 1142
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