What It Is, Costs, and Companies By LINDSAY FRANKEL, What It Is, How Much It Costs, and Who Makes It Published on February 1, 2023 The owner of a food truck gives a food container to a giggling customer Maskot / Getty Images We choose the best products through an independent review process, and advertisers have no influence over our choices.
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Food vendor insurance may be necessary to safeguard your finances from the potential dangers of selling food to customers, whether you run a catering company, a food truck, or a farmer’s market.
We’ll talk about what insurance covers for food vendors, how much it costs, and where to find the best policy for your needs. You can start your food business right away in safety because many insurance companies make it simple and quick to get coverage.
Is Insurance for Food Vendors Required?
Yes, you need food vendor insurance if you sell food. Food contamination can occur even when proper handling and preparation are done. While working, an employee might get hurt or accidentally damage the event site. If you don’t have the right insurance, these risks could lead to costly lawsuits that could bankrupt your company.
Table of Contents: Small Business and Business Insurance for Food Vendors: By LINDSAY FRANKEL, What It Is, How Much It Costs, and Who Makes It Published on February 1, 2023 The owner of a food truck gives a food container to a giggling customer Maskot / Getty Images We choose the best products through an independent review process, and advertisers have no influence over our choices. If you visit one of our recommended partners, we may be compensated. For more details, see our advertiser disclosure.
Food vendor insurance may be necessary to safeguard your finances from the potential dangers of selling food to customers, whether you run a catering company, a food truck, or a farmer’s market. We’ll talk about what insurance covers for food vendors, how much it costs, and where to find the best policy for your needs. You can start your food business right away in safety because many insurance companies make it simple and quick to get coverage.
Is Insurance for Food Vendors Required?
Yes, you need food vendor insurance if you sell food. Food contamination can occur even when proper handling and preparation are done. While working, an employee might get hurt or accidentally damage the event site. If you don’t have the right insurance, these risks could lead to costly lawsuits that could bankrupt your company.
Some coverages are even required by law. For example, most states require food vendors with a certain number of employees to have workers’ compensation insurance. If you drive a food truck or trailer on public roads or deliver food in a car, you must have commercial auto insurance in most states.
The good news is that many businesses provide affordable insurance. Bundling multiple policies can often get you a discount, and choosing a higher deductible can also help keep your premiums low.
