How to insure a market stall
Whether it’s your main source of income or just a side hustle, running a market stall can be fun and rewarding. But one big consideration for stall holders – even before snagging the best spot – is AAMI Market Stall Insurance.
Why should I get market stall insurance?
Some market events won’t even allow you to register without first sorting out public liability insurance for your stall.
This is because there is a risk of someone getting injured in an accident or their property being damaged whilst they attend your stall.
What can AAMI Market Stall Insurance cover?
On a good day, markets are organised chaos. Unexpected accidents can happen. This is where AAMI Market Stall Insurance may help.
For example, imagine the damage your gazebo may cause if it comes loose in windy conditions and hits someone’s car because it wasn’t properly secured.
You could be liable for costs like:
- medical costs
- legal costs, and
- replacing damaged property.
AAMI offers two types of coverage for market stall holders – Public Liability and Product Liability – which may cover you for the above costs. Read the Product Disclosure Statement (PDS) for further details about what we cover.
What can AAMI Public Liability Insurance for a market stall cover?
AAMI Market Stall Public Liability Insurance can provide cover for your legal liability to pay compensation to another person for injury or damage arising out of or in connection with your use of your market stall.*
What about AAMI Market Stall Product Liability Insurance?
This is an optional cover available for an additional premium and can provide cover for your legal liability to pay compensation to another person for loss or damage resulting from an occurrence in connection with your products when sold from your market stall.*
* Exclusions, limits and conditions apply, so please read the Policy Wording before considering this insurance.
Which insurance may suit my market stall?
Public liability vs product liability
All market stalls carry some risk of public liability claims, as they’re exposed to members of the public such as customers, suppliers, and neighbouring stall holders.
Not all market stalls, however, sell products. Some, for example, may offer services like massages or shoe repair.
For this reason, you can take out an AAMI Market Stall Insurance policy that covers just public liability insurance, or both public and product liability. If you do select the optional AAMI Product Liability cover, there’s an additional premium to pay. But you’ll also have the accompanying peace of mind that your market stall is insured for product liability for goods you sell after they leave your posession.*
Read more:
- What insurance should I get for my small business?
- What insurance do you need when you sell products on the go?
- How much does public liability insurance cost?
*Conditions, limits and exclusions apply. Read the Product Disclosure Statement for details.
Insurance issued by AAI Limited ABN 48 005 297 807 trading as AAMI Business Insurance. Read the Product Disclosure Statement before buying this insurance. Go to aami.com.au for a copy. Target Market Determination is also available. This advice has been prepared without taking into account your particular objectives, financial situations or needs, so you should consider whether it is appropriate for you before acting on it.
The information is intended to be of a general nature only. Subject to any rights you may have under any law, we do not accept any legal responsibility for any loss or damage, including loss of business or profits or any other indirect loss, incurred as a result of reliance upon it – please make your own enquiries.