| Message |
Author |
|
 Posted: Thu Jun 11, 2009 8:24 pm Post subject: Coffee cart |
|
|
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, |
|
artudechez
New member
Joined: 11 Jun 2009
Posts: 1
1.37 Dollars($)
|
|
| Posted: Thu Jun 11, 2009 8:54 pm Post subject: |
|
|
Everyone could always use insurance.
The choice is yours. What if the rental equipment is damaged... can you afford to pay for it? What if someone sues you because the equipment injured them... could you afford to address the injury?
You need to sit down with an agent and discuss what coverage might be available and the cost. |
|
tcope
Forum Expert
Joined: 22 Nov 2006
Posts: 5066
Location: Salt Lake City, UT
272.53 Dollars($)
|
|
| Posted: Fri Jun 12, 2009 4:11 am Post subject: |
|
|
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 |
|
steven
Senior member
Joined: 02 Feb 2006
Posts: 1553
215.65 Dollars($)
|
|
| Posted: Fri Jun 12, 2009 4:50 am Post subject: |
|
|
Artudechez, you definitely are earning some revenue by renting out the coffee cart, right?
Have you ever thought that you might lose out the income if the machines got damaged?
Now if you care for that income loss you may get insurance to cover such losses.
~Jeremy |
|
JeremyHolter
Senior member
Joined: 06 Jun 2007
Posts: 1194
210.30 Dollars($)
|
|
| Posted: Tue Jul 13, 2010 7:40 pm Post subject: |
|
|
| Quote: | | general liability....... also if someone eats something or drinks something and gets sick |
Truehelpnj
For someone selling business insurance, what type of coverage would cover an incident where someone ate or drank their product and claimed they got sick?
_________________
Can I say I’m working if I stare blankly at my computer all day? |
|
Dasfuk
Senior member
Joined: 27 Feb 2008
Posts: 597
Location: Ohio
24.03 Dollars($)
|
|
| Posted: Tue Jul 13, 2010 7:57 pm Post subject: |
|
|
| Quote: | | For someone selling business insurance, what type of coverage would cover an incident where someone ate or drank their product and claimed they got sick? |
Probably not MP (completed operations exclusion) but GL BI would apply. |
|
tcope
Forum Expert
Joined: 22 Nov 2006
Posts: 5066
Location: Salt Lake City, UT
272.53 Dollars($)
|
|
| Posted: Fri Jul 16, 2010 6:13 pm Post subject: |
|
|
You probably qualify for a "Business Owner's Policy" which can be customized to include the various components you require, including Business Auto Coverage -- you have to transport the cart to the location, right?
Find a local broker or agent who does a reasonable amount of commercial insurance.
_________________
California-licensed Property & Casualty Broker-Agent and Life & Health Agent. CA Insurance License #0596197. Send me your questions, and I'll send you my answers. I live, breathe, and teach insurance! |
|
MaxHerr
Moderator
Joined: 29 Nov 2009
Posts: 4223
Location: Pomona CA
163.12 Dollars($)
|
|
