Food truck insurance, also commonly referred to as food truck business insurance, is a specially designed bundle of commercial coverages intended to protect your mobile business from liabilities, lawsuits, and financial loss.
As a food truck owner, your livelihood is susceptible to a variety of risks that include auto accidents, equipment damage, and bodily harm (for both employees and customers). With so much at stake, it’s crucial to take steps to mitigate these risks — including investing in a food truck insurance policy.
In Massachusetts, all food trucks must carry commercial auto insurance. Additionally, workers’ compensation coverage is required if you hire employees. In addition to these minimum coverages, a comprehensive food truck insurance policy is highly recommended for all mobile food service businesses, including:
The specific types of coverages that food truck insurance includes will differ from business to business. However, these are the most common:
Because each food truck’s needs are unique, pricing for food truck insurance isn’t one-size-fits-all. What you’ll pay for your policy varies depending on several different factors and may be more or less than similar businesses.
Variables that help determine your premium include:
What your policy covers will depend on the types of coverages you select.
At minimum, your food truck business must carry commercial auto and workers’ compensation insurance, as these are requirements in Massachusetts.
When it comes to determining policy premiums, there’s no one-size-fits-all approach, and what you pay will depend on several factors that are unique to your food truck business.
Your livelihood is too important to be left vulnerable to the risks that come with food truck operations. Discuss a food truck insurance policy with a C&S Insurance agent today — a small investment now could protect your hard work in the future.