VIP has developed exclusive insurance coverage forms to respond to the unique needs of the vape and e-cigarette industry. VIP is your vape insurance solution!
Exclusive Vape Insurance Program from Veracity Insurance Solutions
VIP, a division of Veracity Insurance Solutions, LLC, offers a specialized program tailored specifically for vape-related businesses. As a Managing General Agency and E&S Broker, VIP understands the nuances of this sector and provides comprehensive solutions to protect your clients and their operations.
Ideal Accounts and Target Classes
This program is designed for a wide range of vape-related businesses, including:
- Importers & Exporters
- Retailers and Vape Shops
- Mixers/Blenders of E-Liquids
- Manufacturers and Distributors
- Retail Stores with Vape Lounges
Whether your client is a startup e-liquid blender or an established vape hardware importer, this program can accommodate a variety of business models.
Coverage Highlights and Advantages
VIP’s vape insurance program offers flexible and robust coverage options, including:
- Two policy forms to choose from
- Low minimum premiums starting at $2,500
- Coverage through “A” rated carriers
- No health hazard exclusion for e-cig hardware or liquids
- Startups and new ventures eligible
- Property coverage available
- In-house underwriting for faster service
- General liability limits from $250,000 to $20 million
- Optional product recall and transit coverage
- Pollution liability coverage available
These options help you protect clients from costly legal expenses and product-related liability claims that could otherwise threaten their business survival.
Underwriting Notes and Minimum Premium
With a minimum premium starting at $2,500, this program is accessible for both new and growing vape businesses. In-house underwriting allows for fast turnaround and personalized service. The program is written on a non-admitted basis using various carriers, giving you the flexibility to place challenging risks.
Available Nationwide
This program is available in most U.S. states, including: AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY, and DC.
Why Work With Veracity Insurance Solutions
Veracity Insurance Solutions has set a new standard in specialty insurance. With a strong focus on compliance, product knowledge, and responsive service, VIP delivers a seamless experience for agents and brokers. You’ll work with a team that values efficiency and is committed to protecting your clients' businesses during claims and beyond.
This is where our Vape Insurance program comes in—offering specialized coverage and peace of mind for your clients in this unique industry.
Frequently Asked Questions
What types of accounts are a good fit for this vape insurance program?
This program is ideal for vape shops, e-liquid manufacturers, importers, exporters, and distributors—including startups and new ventures.
Is this coverage available in all states?
The program is available in most U.S. states, including CA, NY, TX, FL, and many others. Contact us to confirm availability in your client’s state.
Are startups or new vape businesses eligible?
Yes, this program welcomes new ventures and startups, including first-time vape retailers or manufacturers.
What liability limits are available?
General liability limits range from $250,000 up to $20 million, with optional product recall and pollution coverage also available.
Is there a health hazard exclusion in the policy?
No, there is no health hazard exclusion for e-cigarette hardware or e-liquids, providing broader protection for your clients.
Need help placing an account? Connect with a market specialist.