Utah-based Veracity Insurance Solutions, LLC has launched the Food Liability Insurance Program (FLIP). FLIP is a sister program to Veracity’s Artists, Crafters, and Tradesmen Insurance Program (ACTinsPro) and is designed for businesses or sole proprietors in the food vending industry.
Veracity provided online liability insurance for artists, and will now offer comprehensive insurance coverage to food vendors as well. Veracity developed the FLIP program with Great American Insurance. It is similar to ACTinsPro, but includes food and beverages.
FLIP will provide limits required by most farmers markets, fairs, events, etc. at an competitive annual premium – starting at $299 per year. It comes with coverage of business personal property of up to $10,000.
The following limits apply to each policy:
- $1,000,000 each occurrence
- $100,000 each occurrence damage to rented premises
- $5,000 medical expenses any one person
- $1 million personal & advertising injury
- $2 million general aggregate
- $2 million products & completed operations aggregate
There will be also an opportunity to select Inland Marine coverage options during the purchase process.
Many events also require either a certificate of insurance or to be added as an additional insured on the policy and with FLIP, there is no additional cost to add additional insureds or print certificates.
Along with ACT and FLIP, Veracity collaborated with organizations like Indie Beauty Network and The Handmade Soap Makers Guild to create online portals to purchase insurance.
Veracity Insurance Solutions, LLC focuses on general & product liability insurance.