Quick answer
Food truck insurance combines commercial auto coverage for the vehicle with general liability and property protection for the business inside it. Progressive, Nationwide, GEICO, State Farm, and The Hartford all write competitive food truck policies. Your cost depends on the truck's size and value, your location, the food you serve, and the coverage limits you pick, so compare several quotes.
Food truck owners are a determined bunch. After all, opening and running a food truck is not an easy task. That’s why when it comes to choosing the right food truck insurance, you don’t want to compromise on quality or affordability. Fortunately, there are plenty of great food truck insurance options that won’t break the bank, and we identify five of them here.
If you’re in the market for food truck insurance, be sure to check out these options. They offer quality coverage at an affordable price, so you can rest easy knowing your business is protected.
What Does Food Truck Insurance Cover?
Before we get into our list of the five best food truck insurance companies, let’s first review what food truck insurance covers. This will give you a better idea of what to look for as you compare policies.
Most food truck insurance policies include coverage for:
- Property damage: This protects your food truck if it’s damaged in an accident, fire, or other covered event.
- Liability: This covers your food truck if it causes property damage or bodily injury to someone else.
- Business interruption: This reimburses you for lost income if your food truck is damaged and you have to suspend operations.
- Workers’ compensation: This covers medical expenses and lost wages if an employee is injured while working on your food truck.
How Much Is Food Truck Insurance?
The cost of food truck insurance varies depending on a number of factors, including the size and value of your food truck, your location, the type of food you serve, and the coverage you need.
Pricing for basic food truck liability insurance, general liability and commercial auto, starts at around $3,000 per year but increases as you add more coverage. Food truck owners usually require different types of insurance policies to cover all aspects of the business, and this can get pretty expensive.
The upside is that having the right policies equates to maximum protection in case something happens.
5 Best Food Truck Insurance Companies
Now that you know what to look for in a food truck insurance policy, let’s review some of the best food truck insurance companies. These companies offer quality coverage at an affordable price, so you can focus on running your business without worrying about being underinsured.
1. Progressive
Progressive is one of the largest insurers of food trucks in the United States. The company offers comprehensive coverage for food trucks, including property damage, liability, and workers’ compensation. Progressive also has a 24/7 claims service, so you can get help when you need it most.
2. Nationwide
Nationwide is another concession trailer insurance provider that offers comprehensive coverage for your business. This includes property damage, liability, and business interruption insurance. Nationwide also has a 24/7 claims service and offers discounts for bundling policies.
3. Geico
Geico is best known for its auto insurance policies, but the company also offers comprehensive coverage that will benefit food truck owners. This includes property damage, liability, and workers’ compensation insurance. Geico also offers discounts for bundling policies and has a 24/7 claims service. It also offers a low-mileage discount for policyholders who drive 7,500 miles or under per year.
4. State Farm
State Farm is a leading food truck insurer that offers comprehensive coverage for your business. This includes property damage, general liability, business property, and workers’ compensation insurance. State Farm also offers discounts for bundling policies and has a 24/7 claims service.
5. The Hartford
The Hartford is another excellent food truck insurance company that offers comprehensive coverage for any type of food business. This includes property damage, general liability, business interruption, and workers’ compensation insurance. The Hartford also offers a 24/7 claims service and discounts for bundling policies.
When shopping for food truck insurance, be sure to compare quotes from multiple companies to find the best rate. You can use an online insurance comparison tool to quickly and easily see cost estimates from different insurers in your area.
Ready to shop for food truck insurance? Start hereTips on Finding the Right Food Truck Liability Insurance
Food truck owners are always looking for ways to save money, and insurance is no exception. However, skipping out on insurance can be a costly mistake. Here are some tips that might help in your search:
1. Know what coverage you need.
The first step in finding the right food truck liability insurance is to know what coverage you need. This will vary depending on the size and type of your food truck, your location, and the type of food you serve.
2. Compare quotes from multiple companies.
Once you know what coverage you need, it’s time to start comparison shopping. Be sure to get quotes from multiple companies and compare rates, coverage options, and customer service.
3. Use an online insurance comparison service.
The easiest way to compare quotes from multiple companies is to use an online insurance comparison service like Insurancy. With Insurancy, you can see cost estimates from different insurers in your area and find the best policy for your needs.
Find the Perfect Food Truck Liability Insurance Through Insurancy
When it comes to food truck insurance, there is no one-size-fits-all solution. Every food truck business is different, so you’ll need to find a policy that meets your specific needs. Use the tips above to find the best food truck liability insurance for your business.
Simplify your search by checking out free quotes on the Insurancy website to determine which one will work best for you.
