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Food Liability Insurance: Cost & Quotes From $7
One of the crucial steps you have to take when starting or managing a food cart, deli, hot dog cart, or cookery business is getting food liability insurance.
Liability insurance is a common inclusion in tailored insurance for different businesses in the food industry, whether they be a coffee shop, wine retailer, winery, pizza delivery,or food delivery
This article shares light on food liability insurance;how it works, premium costs, and carriers providing the best coverage at the most reasonable rates.
As said earlier, liability coverage in food insurance for farmers’ markets, bakeries, distilleries, vendors, vending machine businesses, and liquor stores comes in different types. Nonetheless, the most common food liability insurance coverages available are:
| CoverWallet | NEXT (Best) | Thimble | Hiscox | FLIP | |
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $1,000,000 |
| Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $2,000,000 | $2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $1,000,000 | $100,000 | $5,000 | $100,000 | $300,000 |
| Waiver of subrogation included? | Yes | No | Included | Can be included | Excluded |
| Hired/non-owned auto liability coverage included? | Yes | No | Excluded | Can be included | Excluded |
| Equipment breakdown floater included? | No | Yes | Yes | Can be included | Yes |
| Can you get a certificate of insurance online? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Deductible | $0 | $0 | $0 | $0 | $0 |
Slip and fall accidents are a common peril when running a food business. As proof, you should know that an estimated $1 million guests experience slip and fall accidents in restaurants every year.
This food business insurance covers:
Customers might experience allergies upon consuming the product of your food business.
Food product liability insurance will take care of attorney fees, settlements, administrative costs, and other legal expenses if your food business caused or allegedly committed food poisoning or food mishandling.
In other industries, this insurance also covers claims filed because a product has:
Product liability insurance is available as a stand-alone policy. However, this is sold by food processing insurance companies as additional coverage to general liability insurance.
Insurance companies will offer professional liability insurance if your business doesn’t only sell food but also offer food preparation, manufacturing, and other related services for clients.
Professional liability insurance’s job is to cover attorney fees, settlements, administrative costs, referral fees, retainer fees, contingency fees, and other legal expenses when a customer sues for:
| CoverWallet | NEXT | Thimble (Best) | Hiscox | FLIP | |
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $100,000 |
| Aggregate limit | $2,000,000 | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000 | $200,000 |
| Name additional insureds? | Yes | Yes | Yes | Yes | Yes |
| Waiver of subrogation included? | Yes | No | Yes | Can be included | No |
| Deductible | $500 | $500 | $500 | $50/$10,000 | $500 |
Commercial Property Insurance
Insurance companies encourage food businesses owning, renting, or leasing a commercial space to include commercial property insurance in their tailored coverage for selling food.
Commercial property insurance provides protection against:
| CoverWallet | NEXT (Best) | Thimble | Hiscox | |
| Building coverage limit (minimum) | $50,000 | $730,000 | $25,000/$500,000 | $25,000 |
| Contents coverage limit (minimum) | $50,000 | $22,000 | $25,000/$500,000 | $25,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded |
| Accounts receivable | Excluded | Excluded | $5,000/$10,000 | Included |
| Money and securities | Excluded | $2,500 | $1,000 | Included |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded |
| Business interruption floater | Excluded | Included | Included | Included |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded |
| Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded |
| Employee dishonesty floater | Excluded | $5,000 | $2,500 | Included |
Get all the best quotes from leading providers in a click of a button!
A business owner’s policy is underwritten for small-time food businesses, typically those with a revenue of $1 million or less per year.
A business owner’s policy combines general liability and commercial property insurance. Therefore, it grants protection against lawsuits and commercial losses.
Buying a business owner’s policy is much cheaper than buying general liability and commercial property insurance on their own.
| CoverWallet | Thimble | NEXT (Best) | Hiscox | |
| General liability aggregate limit | $2,000,000 | $2,000,000 | $2,000,000 | $300,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $500,000 | $720,000 | $25,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes |
| BOP discount? | Yes | Yes | Yes | Yes |
This policy covers the stoves, slicers, mixers, dicing machines, refrigerators, ovens, griddles, fryers, and other cooking and tools you own and use for commercial purposes.
Equipment and tools insurance will cover replacement or repair expenses if your kitchen implements get lost or damaged because of:
When employees or an employee suffers from a work-related injury or disease, your food business must provide help.Thats where workers compensation comes in to cater for the following for the employee cost incase of;
Commercial auto insurance is essential if you’re the owner of a food truck, food trailer, a concession trailer, an ice cream truck, or any other mobile food business:
The food business insurance cost depends on your location, revenue, number of employees, business history, claims history, and other factors. But still, the average food liability insurance cost (a general liability insurance to be specific) is $27 per month or $324 per year for a $1 million coverage.Get
Home-based food manufacturers such as small candy makers, chocolate makers, pastry professionals, and others can get coverage through cottage food insurance.
Liability insurance for cottage food business include general liability insurance with product liability coverage, and professional liability insurance.
Aside from cottage food liability insurance policies, there is also commercial property insurance with equipment breakdown coverage, and workers’ compensation insurance.
Best Food Liability Insurance Companies
NEXT’s general liability insurance comes with a foodborne illness coverage. You can choose to bundle this with commercial property insurance, workers’ compensation insurance, in a business owner’s policy.
NEXT allows you to add additional insureds, pay premiums online, and get free certificates of insurance.
Average cost: $25 per month
CoverWallet offers an online quotes comparison platform you can use to find carriers providing general liability insurance and other coverages for food businesses.
CoverWallet allows you to add clients as additional insureds, pay premiums online, and get a certificate of insurance for free.
Average cost: $26 per month
Get all the best quotes from leading providers in a click of a button!
It offers general liability, professional liability, and other insurance products for food businesses. You need to speak with a representative to get covered.
Average cost: $27 per month
Hiscox offers general liability coverage for food trucks and other related businesses. You can decide to get a business owner’s policy to enjoy the protection commercial property insurance provides.
It provides worldwide coverage-meaning that your food business is covered no matter which country it is located.
Average cost: $28 per month
Thimble’s general liability insurance is available for grocery stores, restaurants, food stands, food trucks, and other related businesses. It is available as an annual or short-term policy lasting for only hours, weeks, days, or months.
Coverages you can buy together with Thimble’s general liability insurance are workers’ compensation and commercial property insurance.
Average cost: $30 per month
Our rating: 8/10
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
9.4 / 10
Fastest ever online insurance quote and purchase! Also, great rates and professional customer reps that helps with whatever you need, if you need. Nice company!
2.8 / 10
Embroker sells a product that it doesn't honor. We purchased a combination D&O and EPLI policy. However, when it came to renewal, it told us that we only had D&O coverage even through our ACCORD certificate clearly mentions we have both. Basically they refused to honor the EPLI coverage and will leave you hanging with the bag. At time of renewal, they more than doubled our quote to get similar coverage. Basically BAIT & SWITCH. Unacceptable tactics. Easy to buy and pay but you may not be... Read More
2.8 / 10
Great platform. Terrible policy. There is no teeth behind it. No coverage. It's a fake policy that they sell. Sold us an EPLI policy that later we came to find out had no EPLI coverage. Amazing that they can get away with outright fraud. Check the positive reviews. They are all 'Anonymous' posted by Emroker staff. Stay away and find a real policy that will actually provide you coverage. We've been bitten by them and hope to find restitution via a lawsuit.
Paul Burns Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
It has been 70 days since I made a claim on the roof of my building. No one from the company will return calls. We are in hurricane season and located in Louisiana. My building is tarped to secure it.
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
They are the worst, my truck was hit in January 23 and the claim adjuster has not been out to this very day! They have every excuse in the book as to why. They have not been to the collision shop. PLEASE AVOID THESE SCAM ARTIST!
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Avoid these SCAM ARTISTS! They don’t pay claims!!! Save yourself the trouble and money!
Kasey Arey Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
This company gives you a price that was in place for a year and when you have to use it there is fine print were they can go back and charge you more. Would not recommend them to any one. Crooks
John Murphy Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Worst insurance comapny I have ever dealt with. A commercial vehicle represented by GUARD t boned my wife and daughters family vehicle in the middle of the day. Driver was cited and insurance claim insued. Fast forward 4 months and refusal of full amount of claim is still happening. Driver was found guilty, repairs started on my vehicle and when it comes to the final bill and diminished value we cannot get any help. I am out a family car, have an injured and traumatized wife and children,... Read More
Harshadray Patel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Extremely bad service, when you call , will make you wait on the phone for ever (over an Hour) and still no one to answer , so you end up hanging up. To cancel the policy, bounce you from one department to the other. They are supposed to refund from the date other insurance started and after sending the proof of other insurance policy, still they did not refund based on that actual date instead they use the date i managed to get hold of them. They charged me $7000.00 for a year's insurance on... Read More
Aaron Wensel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Guard Insurance is terrible. They were so bad I cancelled them because them couldn't figure out why I would never get a paper copy of the bill . Verified my address with them and still intermittent billing. I cancelled them in March through my local broker. Today 6/27 I get a letter in the mail from a collections company saying I owe 87.97. This was the first myself or my broker heard of owing this money. Here is some advice for this failure of a company send me a god damn bill and I will pay.... Read More
Michael Swink Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
My employer had to have workers compensation by law. He obtained a policy through this Berkshire Hathaway GUARD and they failed me. I fell from a ladder and fractured my spine in 7 different places, my clavicle in 4 places, and the base of my skull. Going to my Dr visits I was prescribed medication for pain and the insurance company placed a pre-authorization hold on me picking up the medication from Walgreens. The hold lasted 5 days! My weekly benefits have never been on time, right now... Read More
10 / 10
Liberty Mutual is one of the more simple companies to deal with. I had to file a claim for my business owner policy after I caught one of my employees stealing a large amount of products from my business. Liberty mutual paid the claim fast and with no efforts. I wish the legal process was as easy…
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
9.4 / 10
Very pleased with Hiscox - their small business insurance rates are very good and they specialize in small business which gives me a peace of mind as a small business owner. So far so good!
10 / 10
Their customer service is absolutely fantastic. Very patient, knowledgable and provided excellent explanation of the purchased policy. I would highly recommend this insurance company to anyone that's looking to protect their business from unexpected expense. Thank you Hiscox for doing a great job for my business!
0.6 / 10
STAY AWAY! I wouldn't recommend hiscox small business liability insurance to anyone. Better not waste both your money and your time. Hiscox customer service is extremely unpleasant, not organized and not professional. It is the worst company we have dealt with in almost 25 years in business!
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Extremely fast and simple. Wasted a lot of time and money until I found these guys! I feel like my business is in good hands now.
10 / 10
Hiscox's the best! My business is insured with them for over 12 years and am not planning to switch!
10 / 10
Excellent experience with Hiscox BOP for my coffee shop. They provided all it needed.
10 / 10
My HI barbershop is well covered with their great BOP product for 5 years already! not planning to switch!
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
10 / 10
Great experience
6 / 10
Didn't relate to the concept much, but it makes sense if you need insurance to go
0 / 10
It doesn't really feel sustainable to me and doesn't offer business interruption, product liability and commercial property insurance. They have no local agents and despite their technology first approach you cannot file claims online. Additionally, product manufacturers are not covered by Thimble and they don't provide enterprise solutions.
10 / 10
As a contractor that works 3 times a week for a few hours, Thimble gets really handy for me and saves me money. I have no use for these massive business insurance coverages offered by traditional insurance companies.
10 / 10
Excellent concept which is useful to many small businesses!
10 / 10
Been waiting for this type of solution for a long time!
10 / 10
Love their business insurance solutions for freelancers! Great app!
Not all those who wander are lost.
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