What protections are available through food cart insurance policies?
Food cart insurance policies can provide uniquely tailored protections both through their coverage options and the terms of each coverage. Some coverages that often are available through these policies include:
A knowledgeable insurance agent can review coverages’ terms to check the specific protections that each of a policy’s coverages provides.
Do food trucks and food carts need commercial vehicle coverage?
Commercial vehicle coverage is generally used to insure commercially registered vehicles that businesses own. If a business owns a commercially registered vehicle that’s driven on public roads, this coverage is almost certainly needed.
Since most food trucks meet these two requirements, food trucks usually have to include commercial vehicle coverage within their food truck policy. If a truck is driven to different locations, or just to get ingredients, then vehicle coverage is likely required.
Food trucks that remain permanently in one location might not need commercial vehicle coverage, or at least full-fledged coverage. Permanently parked trucks might only use the coverage to protect against damage, but forgo the other protections that the coverage normally includes. These protections could be added on later if a truck has to be moved.
Since food carts aren’t typically classified as commercial vehicles, food carts can often forgo this particular coverage. An experienced insurance agent can help ensure that another coverage still protects against damage to or theft of a cart.