What types of coverage are often overlooked by candy shops?
Equipment Breakdown Coverage – You may have mixers, refrigerators and ovens for making and preserving your creations. If they break down, the replacement is costly. Most insurance companies automatically include this coverage, but some require that it is separately added. Make sure you ask your agent about this coverage. Spoilage Coverage – Like other food service businesses, you may have ingredients that are perishable. This insurance can protect you if your refrigerator fails. Food Contamination Coverage – If a customer eats a contaminated item from your shop, this coverage can protect your shop. Flood Insurance – Nationwide does not offer flood insurance, but your agent can connect you to the National Flood Insurance Program, which is a government-sponsored insurance that offers up to $500,000 in coverage.
