Catering insurance is a legal requirement in some states, but not all. If you are catering in a state that requires it, you will need to purchase a policy before you can start your business. Even if your state does not require catering insurance, it is still a good idea to have it.
Moreover, catering insurance can protect your business from lawsuits and other financial damages that may occur. If you are found legally responsible for an accident or illness that occurs at your event, you could be held liable for the resulting medical bills and other costs.
So, if you don’t want to be sorry later, get a policy today!
What Are the Legalities Involved?
To understand whether you need catering insurance or not, it is important to first understand the legalities involved. When catering, you are responsible for the food that you serve. This means that if someone gets sick from eating the food, you could be held liable.
In addition, if you damage any property while setting up or taking down your equipment, you could be held liable for the repairs.
So, if you are catering in a state that requires insurance, you will need to purchase a policy that covers these risks.
What Does Catering Insurance Cover?
Catering insurance policies vary, but most of them will cover the following:
- Liability for injury or illness that occurs as a result of eating the food you serve
- Liability for damage that occurs to property while you are setting up or taking down your equipment
- The cost of replacing any food that is lost or damaged
- The cost of renting replacement equipment if yours is lost or damaged
What Does Catering Insurance Cost?
The cost of catering insurance varies depending on several factors, including the size of your business and the risks involved. However, in the UK you can expect to pay anywhere from £100 to £500 per month for a policy.
Do I Need Catering Insurance?
As we mentioned, catering insurance is not required in every state. However, it is still a good idea to have it. Even if your state does not require catering insurance, you could still be held liable for damages that occur at
If you are just starting, you may be able to get a discount on your premium by bundling your catering insurance with another policy, such as your business liability insurance.
So, if you are thinking about starting a catering business, be sure to get a quote for catering insurance first. It could save you a lot of money in the long run!
Let Us Help You Find the Best Policy
We as brokers at Restaurant Insurance have helped people get the best policy for their food business. If you need help finding the right policy for your business, give us a call today! We can help you find the best coverage at the most affordable price.
In addition, if you damage any property while setting up or taking down your equipment, you could be held liable for the repairs.
