Smoke & Vape Shop Program
Offered by Breckenridge Insurance
Smoke Shops Vape Shops Vape Vapor Shops Vaporizers Vape Product Liability Ecigarette CBD HempDescription
Coverage designed by those in the smoke and vape shop business.
Now offering product liability in select states. The team at Breckenridge Insurance understands the challenges of smoke and vape shop owners as our program was created by an innovator in this unique and emerging industry. With an AM Best A XV Rated Carrier, we deliver a program solution that supports industry growth while protecting the interest of those pioneering this space.
Features:
- Simple transition process if currently insured
- Receive a quote within one business day
- Responsible and reliable claims handling
Classes:
- Smoke shops that sell cigars, cigarettes, CBD, vaporizers, including smoking-related paraphernalia and gifts (including batteries, chargers and related items)
- Stores up to 7,500 square feet
- Gross receipts up to $5MM per store
Coverages:
- $1,800 Minimum Package Premium
- Included: General Liability, Property, Business Personal Property, Loss of Income, Personal & Advertising Injury
- Property coverage up to $2MM with deductible options from $1,000 to $5,000
- General Liability coverage up to $1MM per occurrence and $2MM aggregate
- Available: Theft sublimit up to $30,000, Sign, Glass and Electronic Data Processing Hardware, Property Enhancement Endorsement
- Product Liability Available:Â
- Coverage Limitation – Health Hazards, Electronic Smoking Device Vapor – Unendorsed policy excludes Health Hazards. This endorsement provides limited health coverage up to a maximum of $50,000.
- Coverage Limitation – Batteries – base coverage. Provides limited battery coverage up to a maximum of $50,000. Batteries must be UL 8139 compliant to qualify for coverage.
- Coverage Limitation – Batteries Expanded – Provides limited battery coverage up to a maximum of $25,000. Endorsement removes UL 8139 compliance requirement and adds a list of excluded manufacturers to qualify for coverage.
- Products Completed Operations is Claims-made
Submission Criteria:
- Completed application
- Loss runs 2 years
- For added coverage options, additional forms may apply
Details
Has Pen
Listing Contact
Alyssa Manders Assistant Vice President, Underwriter
Offered By
Downloadable Files
Availability 49 states
Covered
Not Covered
