For our next client spotlight, we have Lexylicious, an ice cream sandwich truck from the east coast. Alexa Hesse, founder and owner, answered some questions from us below:
For our next client spotlight, we are showing off a new member of the Insure My Food Truck family from The Lone Star State. Texas is one of the most popular states for food trucks and trailers, according to Forbes the state accounts for about 6% of all food trucks in the country! With so much competition only the best trucks stand out, and of those is our new client, Gobble-n-Go.
Insurance can be complicated. It may be one of your least favorite things to deal with as a food truck owner. One of the reasons it can be painful is because some insurance carriers and brokers make it difficult for you. There are cheap insurance program out there that offer basic liaiblity insurance that is self-service. That's fine, but what about your auto insurance, how about your equipment breakdown coverage and most of all what about your loss of business income insurance...?
One of our preferred carriers has come up with a great video that goes over seven tips for buying insurance. Hanover Insurance is a program partner carrier for our food truck clients and these tips are excellent for food truck operators as well as most business insurance consumers. Please spend a couple minutes to watch the video here https://www.hanover.com/marketing/video/seven-tips-to-buying-insurance.html. The tips are also below if video is not your thing.
We happen to insure hundreds of gourmet food trucks across the country. Food truck owners often find themselves wearing many hats during the course of a given day. You answer phones, prep food, serve, solve problems, handle HR issues and sometime or regularly wash the truck down at the end of the day! This leaves little time to read a 150 page insurance policy or 3 or 4 policies of you're like most businesses. Food truck owners rely on their agent or broker to help them understand the insurance jargon and most importantly the coverage and exclusions of their policies.
As we approach a new year, it's a good time to think about your insurance coverage and insurance renewal. The easiest thing to do is to to do nothing, meaning just let your coverage renew without looking around for better coverage and better rates. Maybe a New Years' Resolution should be to spend some time to protect your most valuable asset, your truck and your business...
It probably seems like you pay a lot of money for your food truck insurance. You might be wondering where your hard earned dollars are going when you pay your food truck insurance every month or year... Our industry could do a better job of explaining what typically happens to the average insurance dollar you pay. This entry will attempt to explain just that.