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Commercial General Liability Insurance

Lucille Said:

What would $300,000 worth of insurance cost for a handful of news vending machines in NYC?

We Answered:

Dude, I answered this for you last night in detail, the last time you asked it.

You get the quote, by calling a local, independent insurance agent. The direct writers won't touch vending machines.

And, as per the prior answer, you are unclear if the $300K is supposed to be a liability limit, or property limit.

Also, adding all those additional insureds will cost extra.

It's going to depend on the number of machines, and the locations. It's likely going to cost you, in NY, between $2500 and $5000 for straight general liability with a blanket additional insured endorsement. AND, $1,000,000 is probably going to cost the same as $300,000.

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