Food Cart Insurance Coverage

As a food cart business owner, you probably know the business risks and legal requirements for operating day to day. That’s why it’s important to have comprehensive coverage that will protect you from everyday risks.

  What Is Food Cart Insurance?

Food Cart Insurance is a tailored policy that protects you from the unique risks associated with operating a mobile food business. This type of coverage also makes sure you adhere to all legal requirements.

  Who Needs Food Cart Insurance?

Food cart insurance is essential if you are operating a mobile food business. Here are some common examples of businesses that need food cart insurance:

• Hot dog stands
• Juice cart stands
• Coffee carts
• Special event sellers
• Farmers market sellers

  Types of Food Cart Insurance

When running a food cart business, it’s important to have the right insurance coverage to protect against various risks. Below is a list of the most common types of food cart insurance that will help protect your business, equipment, and employees.

General Liability Insurance

General liability insurance covers third party claims of bodily injury, property damage, and personal injury. General liability ensures that unexpected accidents don’t result in significant financial damages for your business.

For instance, if one of your customers slips and falls near your food cart because of spilled water, this insurance would cover their medical expenses and any legal fees if they decide to sue.

Product Liability Insurance

Product liability insurance protects you against risks related to the food or beverages you serve.

If a customer gets food poisoning or has an allergic reaction after eating your food, product liability insurance will help cover legal fees and medical costs associated with such incidents.

Commercial Auto Insurance

If your food cart is towed or transported by a vehicle, commercial auto insurance is essential.

For example, if you get into a car accident while towing your food cart to a new location, this insurance would cover the damages to both your vehicle and any other vehicles involved.

Workers’ Compensation Insurance

Workers’ compensation is necessary for yourself and if you have any employees. If one of your employees burns their hand while cooking at the food cart, workers’ compensation insurance would cover their medical treatment and any lost wages during their recovery period

Inland Marine Insurance

Inland marine insurance covers specialized or mobile equipment that isn’t typically protected under standard property insurance. If your food cart is damaged while being transported to a weekend festival, inland marine insurance would cover the cost of repairs or replacement, ensuring your business can continue operating. This type of insurance is crucial for mobile businesses, protecting the valuable equipment that is essential for your daily operations.

  Food Cart Insurance Costs

Starting and running a food cart can be an exciting venture, but like any business, it comes with its own set of risks. Insurance is crucial to protect your investment, and understanding the costs involved can help you budget effectively. Here’s what you need to know about food cart insurance costs.

Average Costs

While the exact cost of food cart insurance can vary, here are some average figures to give you a rough idea:

• General Liability Insurance: Typically ranges from $300 to $1,000 per year, depending on the factors mentioned above.
• Commercial Property Insurance: Can range from $400 to $1,200 per year, based on the type of food and volume sold.
• Workers’ Compensation Insurance: Varies significantly by state and the number of employees, averaging around $0.75 to $2.74 per $100 of payroll.
• Commercial Auto Insurance: Depends on the vehicle and driving record, but averages between $1,200 to $2,500 per year.
• Business Interruption Insurance: Typically added to a business owner’s policy (BOP), and costs can range from $500 to $1,500 annually.

Here are some the main factors that will affect policy prices:

• The range of coverage selected
• Chosen policy limits
• Supplementary benefits added to the plan
• Location(s) where the cart operates
• The annual revenue of the business

If you want to get an exact cost for food cart insurance, we encourage you to fill out our quote form online, and our agents will get in contact with you soon.

Get A Quote Today

If you want policy advice or an exact cost for coverage on your food cart business, we encourage you to get in touch with our specialists.

We understand the risks associated with owning a food cart business. Our agents can reduce policy prices through additional discounts of 10% to 15% from the instant quotes you receive, so please take the time to call us to review your quotes.

We provide the finest comprehensive plans for your business by providing:

• Licensed insurance agents that are knowledgeable
• Same-day coverage in most instances
• Coverage from A-rated insurance companies
• Ability to offer policies nationwide
• The lowest price for the best food cart insurance coverage in the industry