The Ins and Outs of Food Truck Insurance:
As a food truck owner, you take on several responsibilities and work hard to make your business an outstanding success. From researching the ideal places to sell your food to maintaining your food truck, you’ve got a full plate. Have you thought about how you are protecting your endeavor? Maybe looking for Food Truck Insurance is on your list of things to do or completely on the backburner. Whatever the case may be, we are here to walk you through our base policy and help you out!
Food Truck Insurance Coverage From FLIP
General Liability Insurance
You want to make your food truck inviting for potential customers and could take the time to create a lovely atmosphere. Perhaps you set up some tables, chairs, patio heaters, and lights near the ordering station. Sounds pretty inviting to us!
Now, let’s say one of your regulars is waiting for their order and decides to sit close to the heating lamp. Unfortunately, a huge gust of wind knocks the heating lamp over and falls on them. They sustain serious burns and go to the hospital for further treatment.
They sue you for loss of income and medical bill payments. With general liability included in our Food Truck Insurance policy, you can have coverage in place that is designed to respond to expenses you are legally responsible to pay for.
Safety Tip: You want to stand out from the crowd and offering seating arrangements is one way to do so! To help keep your customers safe, you can make sure to check on the seating area throughout the day and make sure things are secure.
Product Liability Insurance
Customers choose your food truck over others because they love the food and the atmosphere. Your food prep system could fall through and a customer may experience an allergic reaction from cross contamination.
It’s every food business owner’s nightmare to witness one of the customers experience such a negative reaction and something we hope you never deal with. However, the risk is always there and could lead to a lawsuit.
Product liability insurance is designed to respond to bodily injury and property damage claims stemming from a product you sold.
Safety tip: Follow food safety practices and be sure to keep your team updated on any new ones! You could also display a list of ingredients near your ordering station.
Personal and Advertising Injury
Food puns are great and you may use it in your advertising efforts. Maybe you focus on a certain look for your marketing materials and a competitor feels like you copied their idea. They may end up suing you for damages and taking you to court. This coverage protects against claims of stolen ideas, invasion of privacy, libel, slander, and copyright infringement related to advertising.
Safety tip: Do your research before implementing a new marketing idea and make sure it isn’t being used by someone else.
Damage to Premises Rented to You Limit (Any One Premises)
Commercial kitchens take the load off you and give you a well-stocked space to work with. Many spaces include food storage and prep areas to help you fulfill your food orders.
Renting a commercial kitchen is common among food business owners and makes it easy to get things done in one place. Even though renting out a space is ideal for many, there’s always room for error and property damage (e.g., a fire). This coverage is designed to respond to any losses stemming from property damage.
Safety tip: Ask for help and split the work! By having too much on your plate, things may fall through the cracks and lead to trouble.
Tools and Equipment Coverage (Inland Marine Insurance)
Building up your business isn’t easy and it took a lot of investment to make your dream happen. How are you protecting your assets, such as your appliances, card reader, tablet (to name a few)? These items run the risk of being stolen and damaged. Unfortunately, that leaves you trying to pick up the pieces and foot the replacement cost on your own.
Inland marine insurance is designed to respond to items that are stolen or damaged. This policy will not cover buildings or anything being transported over water. Our food truck insurance policy gives you the option to add on inland marine coverage.
Safety tip: Secure your items and don’t be afraid to double-check! You may want to look for a safe space to park your food truck and see if there are security features.
There you have it! We hope that this overview of Food Truck Insurance was helpful! If you have any questions about our policy, contact us and our licensed agents are happy to help!
Choose FLIP For Food Truck Insurance
We pride ourselves on being able to provide comprehensive Food Truck Insurance to our customers. Currently, we cover food truck owners, vendors, chefs, caterers, and so much more! The great thing about our program is that it is all online. Simply, fill out our application and build a policy that is fit for your needs! Our policy starts at $299 and you get a digital insurance certificate after checkout.