Proper Food Trailer Insurance Coverage Basics

Proper Food Trailer Insurance Coverage Basics

Proper Food Trailer Insurance Coverage Basics

proper coverage basics for food trailer insurance

Standard restaurant insurance policies can, unfortunately, leave gaps in coverage for a mobile food vendor.  All too often, insurance agencies don’t fully understand your unique needs when searching for proper food trailer insurance coverage. At Insure My Food, you should know we get mobile food vendors and understand proper food trailer insurance coverage needs.  We offer a competitive insurance policy for food trailers, food trucks, and mobile food vendors.  Due to our experience insuring mobile food vendors, we’re confident we can help you avoid gaps.

Common Mistakes

  • Having property coverage that is limited to just the business address (this is standard practice). Meaning if you go to an event away from your primary location, you lose coverage.  Food trailer insurance coverage needs to be treated differently because you are a mobile business.
  • Using a business owner policy designed for a restaurant, and not for a mobile food vendor operation.

Types of risk Food Trailers and Food Trucks are exposed to are as follows:

In the following examples, you would be responsible for these bills and losses!

Bodily Injury:

Let’s say a customer buys a hot dog from your stand. While eating the hot dog, the customer suddenly chips a tooth on something hard contained inside the hot dog. The customer incurs $700 in medical expenses and $6,000 in corrective dental expenses.

Premise Liability:

Customers are within the premises you occupy choosing the perfect meal. A customer trips over an extension cord lying on the ground and sprains a knee. The customer incurs $1,200 in medical expenses for x-rays and $3,500 in lost wages.

Theft:

In addition to the above, you also need to cover your bases if a theft occurs.  Say the day is over and your trailer is stored for the evening. While you sleep peacefully, thieves are at work!  You awake to find it has been stolen. Therefore, you will now need to spend $15,000 on a new food trailer and equipment.  What a major bummer!

The above are just a sample of some of the situations you can be exposed to as a mobile food vendor.  Don’t settle for food trailer insurance coverage with someone who doesn’t understand this business.  It may seem like a “good deal,” but the gaps in coverage are not worth the risk!

The Insure My Food advantages included:

  • Options for standalone General liability coverage (or package coverage to include property coverage)
  • No liability deductible
  • General Liability limits up to 2 million
  • Security of “A” rated carrier or better
  • Coverage for your trailer or truck
  • Competitive pricing
  • No charge for adding additional insured’s (commissary kitchen, events, etc.)

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Insure My Food offers affordable insurance, made easy!  We cover insurance for food trailers, food trucks, and mobile food vendors. We offer a one page quick quote form, or check out our other blogs and resources created for you.  Joel brings over a decade of insurance experience in helping you determine your proper food trailer insurance coverage.

ROAM – Mobile Food Conference Featured Blog

ROAM – Mobile Food Conference Featured Blog

ROAM – Mobile Food Conference Guest Post

Mobile food vendors have their challenges most every day. Running a kitchen on wheels makes every owner aptly skilled with plumbing, electrical and all types of construction and repair. Sometimes contractors can be engaged and it is wise in certain circumstances, yet food cart and truck owners are DIY people by nature. However, when it comes to insurance, where do you turn?

Most owners turn to their personal insurance broker who may or may not be skilled enough to know the ins and outs of insuring a mobile food unit.  That’s why I recommend working with companies who specialize in food truck and cart insurance. Insure My Food works hard to make insurance easy and affordable for the industry. Simple application forms, the ability to pay with a credit card and quick turnaround on certificates puts them in a position to be a good member of the mobile food community. Standard forms for property, auto and liability insurance weren’t sufficient or designed for food trucks that operate as a mobile business which could create gaps in coverage. Insure My Food understands these gaps and work to inform the customer so that you’re covered.

Insurance is key to operating a successful mobile food business. Getting catering jobs or working with corporate clients will require proof of insurance and certificates. Some companies just can’t do that quickly. Insure My Food Trailer can. As a sponsor of the ROAM Mobile Food Conference for 2014, Insure My Food has committed to partnering with the ever growing and ever evolving street food industry. If you’re looking for a new policy or would just like to make sure you’re covered at the right price, drop them a line. You can find more details about Insure My Food at InsureMyFood.com.

Come on down to San Antonio, TX, November 8-9, 2014 for the ROAM Mobile Food Conference to learn more about opening a mobile food business whether it be a food truck or cart. There will be something for everyone, whether you’re a beginner or an experienced owner. Register Now.