Vaping has been one of the fastest growing markets in the UK over the past decade. Despite this, insurers have been slow to catch up with the specific insurance requirements of this sector. Most don’t understand the risks faced by ecigarette shops and associated vaping businesses and will provide cover that they think is the best fit. We know of numerous vaping shops who have retail insurance for a tobacconist shop. In reality, the risks are quite different.
What can you do to make sure you have the correct cover in place?
Don’t try and buy your insurance direct from an insurer. The chances are you’ll end up with the wrong cover – and will only discover this if and when you need to make a claim.
Talk to a broker. It’s for businesses like yours that a proper conversation with a broker who knows and understands the market really pays off. Anthony Jones are one of the few brokers with specific experience in the vaping market. We are the approved broker to the IBVTA and provide insurance and advice to a broad range of businesses across the sector. Fill out the quote form on our website or get in touch either by calling us on 0208 290 9080 or emailing us and we’ll make sure you get appropriate cover for your business at the most competitive price available.
It costs nothing to get a quote and we could save you time and money in the long run.