Are you fully covered?
s the old adage goes, it is better
to be safe than sorry. Business
owners should be prepared for
the worst, especially in an indus-
try where there are many liabili-
ties. This means having the proper
insurance coverage in the event of
an accident or catastrophe. There
are several coverage options that are
critical for any vending operation
to have, including property, liability
and auto coverage.
Protect yourself,
protect your business
General liability provides coverage to
vending operators in the case of third-
party accidents such as bodily harm if
a vending machine falls on someone
or if a consumer sues for improper
labeling. Ted Devine, chief executive
offcer of Insureon reports that the
majority of building owners and prop-
erty managers are requiring operators
to show proof of liability insurance.
A
By Adrienne Zimmer, Assistant Editor
One accident can send
a business into fnancial
and legal chaos. It is
important to ensure
that your business is
covered with the right
insurance in the event of
a catastrophe.
32 Automatic Merchandiser VendingMarketWatch.com April 2014
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