You might call them the moving food store, much like a restaurant, eatery or bistro without walls and locality permanence. To the insurance companies, the food street vendor that displays his or her delicacies on the side or curb side or along the street as well as the food truck that travels from work site to business site in order to cater to hungry outdoor patrons are both in a commercial class of their own in terms of indemnity coverage.
With a specific risk exposure that differentiates each of these industry businesses from the standard food or snack retail outlet, the food street vendor and food truck needs their own specific insurance policy, tailored explicitly to the various hazards they face on a day to day basis.
This article, written under the auspices of an experienced insurance independent agency that does business with scores of the leading underwriting firms, sheds light on the matter.
What type of business coverage do the mobile food shops, such as the street vendor and food truck actually require? The following summarizes the basic points in question.
Food Street Vendor
Pre-disposed to business interests, the cities, towns and various municipalities that dot the national map disperse licenses to permit street merchants that sell prepared food and fruit to passing pedestrians on roads, streets and sidewalks. Delectable tastes, smells and presentations tempt passersby with their offerings of tacos, pizza, hot pretzels, hot dogs, French fries, subs, and so on. Related insurance coverage includes property, inventory, supply, general liability, products liability and auto liability. Coverage and related premiums, though, are tailored to the individual vendor through any of the related nation-wide insurance companies to optimize and customize commercial protection.
Food Serving Truck
Similar to the street vendor but with its own set of individualized coverage needs as a result of its mode of truck commute, the food serving truck is also equipped with a city, town, or municipal business license to operate. Providing a full menu of hot and cold food and snacks to its hungry customers, the food truck requires the shielding coverage of the vendor and more: property, inventory, supply, general liability, products liability, auto liability, as well as the actual truck insurance coverage.
Of course, interested parties are best off delving deeper into the related insurance matter with a professional that has his or her best interests in mind and has the ability to make him or her into an educated insurance consumer.