Insure My Food Truck is the market leader in gourmet food truck insurance.
We understand food trucks and speak your language. Established in 2012, we started with the sole purpose to help protect food trucks, food trailers and mobile food vendors with what we feel is the most comprehensive program with the best pricing. Since then, we have grown to 900 plus clients in most states.
The best mobile food vendors deserve the best in coverage and price. Join us and experience why so many food trucks choose Insure My Food Truck!
Before exploring our website too far, it's important to understand the
Food Truck Insurance Basics
You drive a 5 ton truck that contains propane tanks, gasoline, oils and other flammables. You are essentially a 65 mile per hour street food slinging missile. The amount of damage an accident can cause can easily be over the standard 1 million dollars you carry. Do not carry less than this! The savings is nominal to drop to $500,000 or less.
Auto Physical Damage
Your truck cost say $40,000 to replace, you need collision and comprehensive coverage to protect it if you are at fault in an accident, if it catches fire, is stolen, vandalized, or many other losses similar to your personal auto policy. Don't get me started on your wrap... see my prevoius post on that.
"The Tainted Taco." This will cover bodily injury and property damage that are not auto related. The biggest exposures would be food related claims such as food sickness, food allergies and slip and fall related claims. The General Liability also picks up personal and advertising injury. Most venues will require at least 1 million per occurrence and 2 million aggregate. This means 1 million per loss and no more that 2 million total coverage for the policy term. This is necessary coverage that is inexpensive to add.
You invested what, $15,000 up to $50,000 into your truck and have maybe $10,000 in equipment floating around back there? You need property coverage to protect your stash. An auto policy covers the truck, and typically nothing more. Adding indepth property coverage to protect your modifications, equipment, mechanical breakdown and loss of business income is affordable and adds piece of mind. This is a complicated subject that requires more attention. If you want to be an honor student read some news posts, this is just 101.
Did you know that it is the law to to provide workers' compensation to all employees in the state of California (many other states as well)? I know, your cousin likes cooking and isn't really an employee... Wrong, do not get caught without workers' compensation! It's not as expensive as you may think and saves thousands in fines, out of pocket losses and those fun attorney fees.
Many venues will require more than 1 million dollars in general liability. An umbrella policy is just what it sounds like. It bumps your general liability, auto liability and workers' compensation to 2 million, 3 million or more depending on the limit chosen. If you are in a major metro area chances are you will be asked for higher than 1 million limits. It's worth the $400 or so to add, DO IT!
Sorry if I scared you above, but I'm a tough love kind of insurance guy... I would rather you be protected properly than suffer a loss that puts you out of business and haunts you for years to come. Good news is WE CAN HELP! We provide awesome food truck insurance from partner carriers that want your business. Call 1-800-647-2025 anytime or request your food truck insurance quote here.