Pizza delivery is a lucrative business due to the high demand for pizza. With all the risks associated with this business, it is important to get pizza delivery insurance. Insurance for pizza delivery protects you against various liabilities that could cost you heavily.
This guide discusses pizza delivery insurance packages in detail and why it is important. We will also mention its cost and some of the best companies from whom you can get it.
Pizza Delivery Liability Insurance
A pizza delivery business insurance policy is vital for your pizza delivery business.The risk associated with pizza delivery is overwhelming. In fact, according to the Labour Department statistics, pizza delivery and other drive-related businesses are the fifth riskiest.
The situation is so bad that for every 100,000 workers, there are 40 deaths due to accidents, assaults, or robberies.
Therefore, similarly to getting food vendor insurance, it is important to get an insurance policy that covers all the risks your pizza delivery business faces. Generally, pizza delivery insurance has policies like;
Pizza Delivery Auto Insurance
A commercial car insurance policy protects your pizza delivery business from various risks.
It is an all-inclusive policy that protects pizza delivery businesses from risks arising from company vehicles. When a driver causes an accident delivering pizza, this insurance covers it.
Business Owner Policy
This insurance policy combines a variety of insurance covers into one. It includes property damage insurance, business interruption insurance, and general liability insurance.
As a business owner, you can choose from two or three separate auto insurance policies. These policies include company-owned coverage and employee-owned coverage. It is important to note that all your employees should be listed on this policy to benefit from it.
Pizza Delivery Insurance Cost
The average pizza delivery insurance cost is around $50 per month or about $600 annually for $1m pizza delivery liability insurance (general liability).
factors determine the cost of pizza delivery insurance:
Some of them include
- The location
- size of your pizza delivery business
- number of vehicles you have
- total payroll
- Average sales
Here is a summary of how some of the best pizza delivery insurance companies charge monthly and annually.
Company | Monthly | Yearly | Best for |
Dominos | $35 | $400 | Domino’s pizza delivery drivers |
State Farm | $60 | $680 | Nationwide pizza delivery businesses |
Progressive | $45 | $520 | Start-up pizza delivery business |
Geico | $55 | $630 | Wide-reach pizza delivery businesses |
Pizza Hut | $58 | $650 | Pizza Hut Delivery Businesses |
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Best Pizza & Food Delivery Insurance Companies
Many companies offer pizza delivery insurance, but not all of them are reliable or have policies that fit your business. It is for that reason that we have sampled some of the best pizza delivery insurance companies that offer this policy. Read to know their pros, cons, and pricing for a $1 million general liability coverage.
Dominos Delivery Insurance
Domino’s delivery driver insurance covers general and professional liability. For instance, when your driver causes an accident, dominos insurance for drivers will cover it. This will help protect against severe financial losses. Furthermore, dominos car insurance covers your vehicle against possible damage.
Pros
- Immediate claim responsiveness
- Affordable
- Available worldwide
Cons
- It doesn’t cover some claims
Average cost: $35
State Farm Pizza & Food Delivery Driver Insurance
With State Farm, your pizza delivery business is covered against almost all claims. Be it third-party property damage or a driver sustaining injuries in an accident; this policy covers it all. You can also get tailored insurance that protects against your business’s specific risks.
Pros
- Comprehensive insurance cover
- Coverage is available in almost every state
- Tailored insurance cover for pizza delivery
Cons
- Could be expensive
Average cost; $60
Progressive
Progressive Insurance offers tailored coverage for pizza delivery businesses. Their policies cover both general and professional liability. They have comprehensive insurance coverage that protects your business against many risks. What makes it unique is that third-party damage is included in its cheap pizza delivery insurance quotes package.
Pros
- Specifically covers pizza delivery
- Offers a deductible reimbursement
- Comprehensive insurance cover
Cons
- Rideshare insurance is limited to some policies
Average cost: $45
Geico
Geico Insurance is one of the most popular insurance companies in the US. It has offices in all states in the country, with its services easily accessible. This company offers one of the most comprehensive policies for the pizza delivery business.
Pros
- Tailored insurance cover
- Available worldwide
- Fast claim responsiveness
Cons
- Some policies could be expensive
Average cost: $55
Pizza Hut Delivery Insurance
Pizza Hut is an established company. Being a pizza-making company, Pizza Hut understands what policies fit a pizza delivery business.
Pizza Hut offers a wide range of insurance policies. Some of them include general liability, professional liability, and third-party-related liabilities.
Pros
- Excellent customer service ratings
- Tailored cover for pizza delivery businesses
- Fast claim responsiveness
Cons
- Could be expensive
Average cost : $58