Insurance for Community Food Services

Professionals in this industry provide aid for people who cannot prepare food for themselves (such as the elderly, impoverished, or those with a disability). Examples of these establishments include food banks, meal delivery programs, and mobile soup kitchens.

Good practices, excellent customer service, and quality products are not enough to keep your business afloat. When your business is involved in risks like property damage, physical injury, lawsuits or any that you can't control, insurance will serve as a protection of your business assets and financial resources.

About 30% of community food services startups fail within a year of business. This is because most fail to ensure that proper risk management procedures like getting insurance. There are unique risks that your business can face and without property risk management, these risks could instantly destroy your business. Here are some of those:

• Food can make people sick, making you responsible for medical expenses and a possible lawsuit.
• Fires are the biggest risk because a slight mishap will destroy your property, cost you large amounts for property replacement and repair, inside and out.
• Accidents can cause serious financial consequences. If a customer slips and is injured, you can be liable for the medical expenses. And if your employees are hurt on the job, you will be responsible as well.

The cost of insurance for community food services varies on the type of services you offer, the number of employees you have and many other factors. An experienced insurance agent can help you find the right insurance for your community food services. You can either apply online to get a free quote or contact our customer services representatives.