What Are the Different Types of Food Services Insurance?
There are several types of insurance available for food service businesses. Each policy has different benefits that are specifically designed to help mitigate certain risks of a business. Here are a few types of coverages we recommend for your food business:
If you’re looking to protect your business against multiple risks, a Business Owners Policy (BOP) is a great place to start. A BOP combines key coverages into one convenient policy. A BOP includes the following coverages: general liability,
business property, and cyber insurance.
If an accident happens at your business and causes injures or an illness to an employee, medical bills could be covered by Workers’ Compensation insurance. It could cover missed wages and legal expenses related to an employee injury lawsuit. Some states may require your business to obtain Workers’ Compensation if you have more than one employee. It is recommended to review state laws to determine if Workers’ Comp is required for your business.
If you operate a business out of your home or from a kiosk or cart like a coffee cart, HomeHQSM could help to protect your business. It is designed specifically with home-based businesses in mind by combining common coverages into one policy. HomeHQ includes general liability, business property, and stock insurance.