Although the culture of vape usage is a fairly new market, the business is booming and vape shops are opening everywhere. If you run a vape shop, you may not realize that your business is in just as much danger of disaster as any other. Vape shop insurance may be a little difficult to understand, but with a little knowledge, you can keep your business safe from financial ruin.
What to Look For in an Insurance Company
When shopping for vape shop insurance, you want to look for a company that offers a variety of insurance options that are customizable to your shop’s needs. Don’t fall for a flat-rate insurance company that will charge your little shop the same way they would charge a huge restaurant or a tiny online store. Your coverage should be tailored to the size and type of business you run. Some options that should be included in your coverage are:
- Both high- and low-risk coverage options
- Proper investigation and proof coverage for exploding vape batteries
- General liability
- Additional property coverage
- A flexible deductible on your claims
With a carefully tailored vape shop insurance policy, you can protect your business from disaster. When you know you’re covered, you can focus more on doing what you love.