If there is one business that will never go out of style, it’s none other than the food industry. As a break from the workday, a social gathering, and of course sustenance, the food industry takes us away from it all and brings us together in a way no other industry can.
You’ll find exquisite meals at fancy restaurants, but for most people, nothing beats the convenience and affordability that food vendors offer. From mobile food trucks, small kiosks, concession stands and festival booths, small businesses providing different kinds of food can be found everywhere.
Selling food is a prominent business. But just like other industries, it is not exempted from lawsuits and damages. Accidents due to hot food, wrongly prepared ingredients, undercooked meals and injury from sharp objects are just some of the common scenarios that make food vendor insurance an imperative for small business owners in the industry.
Someone orders a piping hot coffee at your food stall to combat the freezing temperatures. As your customer is reaching out, you accidentally spill the coffee on the customer’s arm causing a third-degree burn. Injured and disappointed, the customer filed a claim against you asking $100,000 settlement for medical expenses, rehabilitation, loss of income, and damages incurred.
Or
Business is booming. Customers are lining up to get a taste of your top-rated chicken sandwich. With the hectic pace of trying to get all the customers handled, one of your employees serves undercooked chicken to a 40-year-old man. 4 hours after, his wife returned to your stall claiming that her husband suffered food poisoning due to undercooked chicken. The couple spent $75,000 at the hospital and fired back against you filling a lawsuit.
The food business is so broad that there are different types of services within the industry. Depending on the nature of your business, there’s an insurance program applicable for your type of business. It’s best to consult with your insurance company about the different liability policies that will suit your business.
This policy protects you against claims and lawsuits that might arise from public events. It helps pay for legal defense costs, settlement claims, bodily injury, and property damage expenses resulting from the incident. This business insurance is applicable for food kiosks and food stalls doing business at trade shows, conventions, fairs, festivals, exhibits, flea markets, and similar venues.
Another type of insurance specifically made for mobile vendors such as food trucks is food truck insurance. This coverage applies to claims related to your day to day operations. Usually, it provides coverage for slip and fall accidents, illnesses caused by your food, and equipment loss.
For those who want a flexible insurance program that provides basic coverage, General Liability insurance is an excellent choice. It helps pay for bodily injury, property damage, and personal injury claims resulting from your food business. The degree of coverage varies depending on your policy limits.
Other food vendor insurance options include Food Cart Insurance, Concessionaire Insurance, Push Cart Insurance, Vending Business Insurance, Hot Dog Cart Insurance, and many more.