Frequently Asked Questions
HOW DO I GET A QUOTE?
Getting a quote is quick, easy, and free. Click here to go to our Request a Quote page. There you can fill out a form with your business circumstances and other relevant information. One of our representatives will contact you and give you your free quote. There is no obligation to purchase.
DO I STILL NEED INSURANCE IF I’M NAMED ON A MANUFACTURER’S POLICY?
Yes, in most cases it is still a good idea to have your own insurance. Even if you are not the manufacturer of a vape product, the chances of you being included in any possible lawsuit are high. The manufacturer’s policy may include exclusions that you are not aware of that involve you, and the policy limits may not be enough for you. A VIP policy offers you the protection your business needs.
HOW LONG IS MY POLICY COVERAGE?
VIP policies are annual, so your policy will provide you coverage for 12 months from the effective date you select.
DOES A VAPE INSURANCE PROS POLICY COVER MY TRADITIONAL TOBACCO PRODUCTS?
No. While we will underwrite policies for businesses that sell traditional tobacco products, those products will not have coverage. Our policies are specifically for e-liquids and e-juices, e-cigarettes, PVs, vape product distributors, vape product manufacturers, etc. Cigarettes and other tobacco products are specifically excluded with this policy.
ARE FLAVORINGS IN MY E-LIQUID COVERED IN THE POLICY?
Yes, flavorings are included in the policy. In addition, VIP policies include “No Health Hazard” coverage. Many other insurance companies say their policies include “No Health Hazard,” but when you look closer, there policies likely exclude many - or all - of your operations. At VIP, we ensure that you have the best coverage available.
IS THERE A PAYMENT PLAN AVAILABLE?
Yes, VIP does offer payment plans. While your circumstances may differ somewhat, most payment plans consist of a down payment and then 9 or 10 installments. Contact one of our brokers to get more details or to sign up for a payment plan.
IF I NO LONGER NEED COVERAGE, CAN I GET A REFUND?
Our policies are 25% minimum earned.
DOES MY POLICY AUTOMATICALLY RENEW?
No, your policy does not automatically renew.
WILL MY PREMIUM STAY THE SAME IF I RENEW?
Premiums are based on sales volume, claims history, and other underwriting factors concerning your product, which can vary your premium from year to year.
WILL I GET A RENEWAL REMINDER?
Yes, you will receive a renewal notice 120 days prior to your policy’s expiration date.