Vape Insurance from CALCO Since 2008

The Vapor Industry has become one of the most innovative industries in the United States.  It is also one of the most disruptive industries.  Tobacco sales have plummeted as a result.   Not surprisingly our government agencies seem to think that there is no evidence to suggest that vaping is highly effective in helping people quit smoking.  They have managed to call any shred of evidence “anecdotal”.  They have also suggested that “dual use” of ecigs and traditional cigarettes is dangerous.  Contrary to their beliefs, vaping does give the smoker who is unable or unwilling to quit smoking an alternative and  “dual use” allows for a reduction in tobacco usage.  All of the evidence suggests that vaping is effective, so much so that the NHS has decided to regulate them as medicens in the UK.  Although we are opposed to any regulation that will allow big pharma or big tobacco to take control of the vapor industry.  We see this as an encouraging sign that a government is viewing electronic cigarettes as a method that would help people quit smoking.

If you are in the vapor sector, there are a few rules you need to follow.  The number one rule is that you may not state that the products that you sell will help people quit smoking or that it is a healthier alternative.  Keep in mind that electronic cigarettes are not harmless, and carry risks which are not present in cigarettes.  Making those statements without scientific data to back it up will result in potential government action against you, a lawsuit from a consumer, or both.  At this point, consumers all know what an electronic cigarette is, as such there is no need to claim that your product will help you quit smoking or is safer than traditional cigarettes.  Obtaining vape insurance should also be on the top of your list.

Calco Commercial Insurance  has been providing  insurance coverage for the entire vaping industry since 2008.  We offer two General Liability policies.  One which includes Vape Product Liability Insurance and the other which does not.  Both of these policies can be packaged to include property coverage for your stock/inventory.  Coverage is offered to importers, distributors, manufacturers, and retailers (vape shops).  You should be careful purchasing a policy from a company which does not specialize in providing coverage for the ecig industry.  Some contain reckless exclusions for certain internal components or ingredients.  At CALCO we are constantly working with our insurer to improve policy wording to benefit the YOU, the insured.    

If you are interested in consulting with us feel free to contact us at (877) 225-2699 or obtain an online vape insurance quote.   If you are a member of The Smoke Free Alternatives Trade Association you are entitled to a discount, please make sure to advise us.

 

 

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