You can call them the food store on the go, like a restaurant, diner or bistro with no walls and local stay. For insurance companies, the mobile food vendor that displays its delicacies on the side or sidewalk or along the street, as well as the food truck that travels from one workplace to another to serve hungry customers outdoors, they are in a business class of their own in terms of indemnity coverage.
With a specific risk exposure that differentiates each of these businesses from the standard food or snack retail point of sale industry, the mobile food vendor and food truck need their own specific insurance policy, tailored explicitly to the various dangers they face on a daily basis.
This article, written under the auspices of an experienced independent insurance agency that does business with dozens of the top underwriting firms, sheds light on the matter.
What type of business coverage do mobile food stores such as street vendor and food truck really require? The basic points in question are summarized below.
street food vendor
Predisposed to commercial interests, the cities, towns and various municipalities that dot the national map disperse licenses to allow street vendors to sell prepared foods and fruits to passers-by on roads, streets and sidewalks. Delicious flavors, smells and presentations tempt passers-by with their offers of tacos, pizza, hot pretzels, hot dogs, French fries, sandwiches, etc. Related insurance coverage includes property, inventory, supply, general liability, products liability, and auto liability. However, coverage and related premiums are tailored to the individual provider through any of the nationwide related insurance carriers to optimize and personalize business protection.
food service truck
Similar to the traveling vendor but with its own set of individualized coverage needs as a result of its trucking mode of transportation, the food service truck is also equipped with a city, town or municipality business license to operate. Offering a full menu of hot and cold foods and snacks to its hungry customers, the food truck requires vendor protection coverage and more: property, inventory, supply, general liability, products liability, auto liability, as well as the own truck. insurance coverage.
Of course, it is best for interested parties to delve into the insurance issue with a professional who has their best interests in mind and who has the ability to make you an educated insurance consumer.
Bon Appetite!