People swarm to flea markets for deals on unique items like food businesses flock to FLIP to meet the flea market insurance requirements. What seems like an extra expense and hassle, flea market insurance is a bargain after you compare the costs of legal fees and damages when settling a liability claim.
Starting at just $299 annually, flea market insurance from FLIP is such a great bargain! Below are a few reasons why you need flea market insurance.
It Can Protect Your Bottom Line
Costs from liability claims or other damages can be extremely expensive. Several customers have been grateful to have their coverage through FLIP. Here are some recent claim examples:
A windstorm damaged the claimants display and cooking equipment. FLIP paid $6,028 to help our client restore the display and fix or replace the damaged equipment.
Vendors were told to set up on a sports court in a park. Oil from one of the fryers leaked onto the sports court, damaging the rented property, and could not be removed. The cost to repair the rented premises was $5,657.
Outdoor flea markets are susceptible to adverse weather conditions, therefore it's easy to see why vendors need and are required to have insurance. In addition, flea markets can be ripe targets for thieves who see cooking equipment, cash registers, and computers used for business as easily hawked items.
When you compare the potential costs of lawsuits, damages, or replacing your equipment, flea market insurance really is a hot bargain!
Flea Market Vendors Can Structure Their Own Coverage
Instead of buying a one-size-fits-all insurance policy, you can structure a FLIP policy so that you are only purchasing the coverage that your unique business needs.
FLIP allows you to select options for additional premiums that fit your business such as, liquor liability, professional liability, or trailer endorsements. You are not buying insurance coverage for things your food business doesn't need and paying a higher premium as a result.
Additional Insureds are FREE!
This is especially important for flea market food vendors who may vend at multiple flea markets, fairs, or other festivals. Most flea market organizers will require food vendors to add them as an additional insured.
You can add additional insureds to your policy at anytime during the policy's term completely FREE!
To learn how to add an additional insured, read The Nitty-Gritty of Adding Additional Insured's to your FLIP Policy.
Take Advantage of FLIP's Rock Bottom Prices for Flea Market Insurance!
Starting at just $299 annually, FLIP offers one of the most comprehensive policies for the lowest price. To learn more about FLIP policies and coverage details, click here.
If you have any questions, we'd love to hear from you. Contact us today.
All insurance policies have conditions, limitations and exclusions. Please refer to the policy for exact coverages.