Food Truck Insurance: All You Need To Know To Get Going!

young food truck worker stands inside colorful food truck scanning a customer's credit card

You’ve opened your food truck and everything is just perfect. The food is wonderful, guests are loving it, and you are making some good money. Then…

Disaster strikes. Something is wrong! Oh no. You realize… you didn’t get any type of food truck insurance.

How are you supposed to keep your new, amazing business afloat?

The good news is that getting food truck insurance is very simple and can be done before you even open your new food truck business!

Is Food Truck Insurance Really Necessary?

The answer to this question is, yes, absolutely!

Not only do you need insurance for your business, but you have to remember that you also are running the business out of a vehicle.

Legally, you need to have at least commercial vehicle insurance on the mobile kitchen itself. In addition to this, a lot of food truck owners will get other coverage as well, such as general liability, to make sure that they are covered in other unexpected instances.

Owning a food truck is a big deal! Protect your business with insurance. Not only that, but show others that you care enough about the business you have created to cover it with quality insurance.

Food trucks come with a lot of extra things that normal trucks don’t have, such as refrigerators, temperature-controlled compartments, freezers, heat sources, or storage space. You need to protect your truck and all of the assets that go with it.

What Type of Insurance Is Needed For a Food Truck?

The first thing to consider is that although you can get some great advice online, you should always consult an insurance broker or a lawyer to make sure that you are getting the exact type of insurance you need.

You need to at least have vehicle insurance starting on the first day that you purchase the food truck. You can wait a little bit on getting other types of insurance, but vehicle insurance is very important if you plan to drive or move your food truck around.

Other types of coverage you will need are for your vehicle, your business, and your employees. This will generally include:

  • Commercial auto liability insurance
  • Commercial property insurance
  • Workers’ compensation insurance
  • General commercial liability insurance

On average, food truck insurance is going to cost between $300 and $600 per month, but it really depends on the type of coverage that you get and how much your food truck sells each year.

Getting Your Insurance Set Up Today

Now that you have learned a little more about food truck insurance, you likely are aware of how important it is and are possibly ready to get your own policy!

The good news is that setting up a new policy is not terribly difficult, but it is important to choose the right one for your business.

Protecting your business from the very beginning is one of the best things you can do as a new food truck owner.

If you’d like to learn about how to turn your food truck business into a mobile catering business, check out our blog article about how to make it happen. It can be a lucrative way to get more of your food out there, while also making a bigger name for yourself.