(Topic ID: 174959)

Pinball insurance

By mickthepin

7 years ago


Topic Heartbeat

Topic Stats

  • 12 posts
  • 7 Pinsiders participating
  • Latest reply 6 years ago by MrBally
  • Topic is favorited by 3 Pinsiders

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    11 months later
    #10 6 years ago

    Talked to a vending person.

    The pinball machine is really a vending machine. What does it vend? Time and fun.

    Recommend GL class code: 49619.

    Insurance, for this, is trivial in terms of a liability exposure.

    In terms of the property exposure, rates will depend on location of machines. Estimated cost is 10 cents per $100 of machine replacement cost.

    1 week later
    #11 6 years ago

    Just an update. It seems that they'll insure large pinball businesses but not hobby businesses (eg. people who have a few machines). Maybe it's a gap or underserved market. If someone is interested, I may be willing to see if we can create a insurance business for this type of need.

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