FROM OUR PARTNERS
Farmers market is a great way to sell your goods directly to locals. Although this supports local businesses, farmers market insurance can protect you from liabilities, theft, and property damages. We’ve evaluated the best farmers market insurance providers based on coverage, financial stability, customer satisfaction, and overall quality.
Simply Business provides insurance policies for a range of professions and small businesses.
For more than 200 years, the Hartford Insurance helped over 1 million businesses just like yours.
Coverwallet began its journey in New York City in 2015 operating under the Aon Insurance banner. At Coverwallet, you can access everything you need to keep your company well-protected at an unbeatable price.
Next Insurance leverages AI technology to streamline the process to purchase insurance, track claims, and manage policies at no additional cost.
With a 100-year history of insuring businesses, Hiscox is well-known across America and globally. With more than 500,000 small business customers, Hiscox is fully aware and trained in the unique risks a business can face.
Thimble provides business insurance that can be tailored to your business by the year, month, day, or even the job. At Thimble, the process to getting the right business insurance is simple, scalable, and flexible.
Farmers market insurance is a way to protect your business at farmers markets from unforeseen events that could be financially detrimental to a small business. It can cover your business’s assets and your trailer/booth.
Anytime you operate at a farmers market or similar event, you become liable for any type of injury, illness (like food poisoning), or damages that happen due to your business. For example, if you hook your booth up to electricity and someone trips over the cable, you could be liable to pay for the injuries they sustain. These types of accidents can cause small businesses to close their doors, so farmers market insurance can be important for whoever operates in these events.
Policies can include product liability insurance, business personal property insurance, and general liability insurance. Some event organizers will want to be included as additional insureds.
Common types of farmers market insurance
If a customer trips and injures themselves or damages occur around you, general liability insurance will be able to cover the costs.
This type of insurance can cover you if a customer claims they got food poisoning from the food you provided. Specifically, product liability insurance protects you from injury or damage that occur due to products you sell.
Accidents can happen over the years of renting out multiple booth locations throughout the different events. You can do everything within your power to leave the area exactly how you got it, but damage can still happen unintentionally. Damage to premises rented insurance can cover instances like a fryer spilling and leaking onto the road and staining it.
If you have employees as a farmers market vendor, you need to also include a workers compensation policy to protect your business and employees from large financial obligations if they get injured on the job.
This type of insurance protects any equipment you may have moving to and from different events. It can cover theft or damage while transporting.
The limits for your business depend on the types of coverage you need. Here is a rough idea of what to expect from aggregate limits of the different insurances:
There are different factors that can affect how much farmers market insurance costs. These factors can include:
Grouping policies together with the same insurance provider can help save money through discounts. There are also different policies depending on the type of coverage you need. You can purchase annual policies or temporary coverages for only specific farmers markets you want to attend. Annual policies can range from $276 to $504 per year, while temporary coverage policies start at $8 for three hours.
Here are a few useful tips that can help choose the best provider for you:
