How Farmers Market Insurance Helps Your Business Thrive
One goal every business owner has is to take business to the next level. Ideally, you don’t want to deal with roadblocks or letdowns when it comes to improving things. Farmers Market Insurance for food vendors can broaden your horizons and could greatly benefit you. Today, FLIP will go over how insurance can expand your business, help you participate in events, and give you peace of mind.
Expanding Your Business
You’re building the business of your dreams and it takes a lot of work to do so! For many people, it’s normal to start out small and build your business from the ground up. The great thing about ownership is that you can do things your way and set appropriate goals. Maybe you want to expand your product line or want to jump into other markets. Keep in mind that there’s a lot of risk involved in expansion.
At FLIP, we understand that many of our insureds expand their businesses and we’re here to help you along the way. For this reason, you’re able to increase limits, our coverage is available in all 50 states, and you can include endorsements, such as professional liability, all online. It’s our way of showing you that we value your time and have worked hard to make insurance easy to manage.
Once you’ve done your research and found the right event to participate in, you’re ready to jump in. Events such as farmers markets allow you to connect with like-minded people, increase your customer base, and boost your sales. You’ll spend some time creating a booth that reflects your business, figuring out what to sell, and much more. One thing you’ll need to have before participating is farmers market insurance.
It’s common to require vendors to carry insurance. More importantly, venue owners will ask to be included as an additional insured. This request is more of a safety precaution for them. If something were to happen at your station, such as a person having an allergic reaction from a mislabeled product, the person could sue you and try to include the owner as well. Adding an additional insured endorsement for the venue owner is designed to extend protection from your liability.
Peace of Mind
At the end of the day, you’re thinking about the bigger picture and how you’ll take your business to the next level. It’s exciting to dream up next steps for your endeavor. For many, farmers market insurance gives them peace of mind. There’s a lot of work to be done and you don’t want to spend time worrying about what can go wrong. Some things are simply out of your control, which is why it’s important to be proactive. Farmers market insurance gives you a safety net and that’s better than running without a backup plan.
Insure Your Business With FLIP
We make the insurance process easy by offering comprehensive coverage fit for the food industry through a convenient online application. Pick and choose which coverages work for you. Some need higher limits to cover their assets while others may need professional liability coverage for demonstrations or classes. Take the time to figure out what your business needs, fill out our online insurance application, and get insured within 10 minutes. It’s easy to get started here. Coverage starts at $299 a year!
If you have any questions, feel free to contact us! Our team of licensed insurance agents are happy to assist.