HOW MUCH IS BUSINESS INSURANCE
for Catering Businesses?

How much does insurance cost for a catering business? Let's look at some numbers showing the typical range of insurance premiums for caterers. Remember, the numbers below are cost estimates, and might not reflect how much you'll actually pay for catering insurance. Depending on where you're located and how large your business is, you could pay a higher or lower premium.

HOW MUCH IS
General Liability Insurance for Caterers?

General Liability Insurance for Caterers

General Liability Insurance is one of the most common types of small business insurance for caterers. Sometimes called "slip-and-fall" insurance, this policy protects you from lawsuits about injuries at your events. In addition to physical injuries, it also covers reputational damage, copyright infringement, and property damage lawsuits.

Catering General Liability Insurance policies typically cost between $425 and $500 in annual premiums.

Median policy premium:

$425 - $500

Median policy limit:

$2 million

Median policy deductible:

None

Landlords typically require their tenants to have GL Insurance. Your policy can cover fire damage and other property damage you might do to spaces you rent or work in. For catering companies that often store fuel gel and other flammable materials, this insurance provides important protection in the event your business starts a fire at the venue.

To see how the cost of General Liability Insurance for caterers compares with other industries, visit Insureon's General Liability Insurance Cost Analysis New browser window icon..

HOW MUCH IS
a Business Owner's Policy + E&O Insurance for Caterers?

Business Owner's Policy + E&O Insurance for Caterers

For a small catering business, a Business Owner's Policy is a smart way to get more insurance for a lower price. Catering BOPs can combine General Liability Insurance, Property Insurance, and Errors & Omissions Insurance into one policy.

Property Insurance covers your catering equipment, furniture, and other property, helping you rebuild after a fire, theft, or storm. E&O Insurance protects you from lawsuits over allergic food contamination and other professional mistakes customers might sue you for.

Typical catering BOP insurance prices range from $212 to $347 in annual premiums.

Median policy premium:

$212 - $347

Median policy limit:

$1 million

Median policy deductible:

$500

The three-policy BOPs are only available to smaller catering companies, but if you qualify, our agents can help you save money on these coverages.

HOW MUCH IS
Catering Liquor Liability Insurance?

Catering Liquor Liability Insurance

Catering companies that serve alcohol might need Liquor Liability Insurance to satisfy state liquor licensing laws and protect their company from alcohol-related lawsuits. Dram shop laws hold caterers responsible for serving alcohol to patrons who get in car accidents, damage property, or injure someone.

Liquor Liability Insurance rates often range between $500 and $618 in annual premiums.

Median policy premium:

$500 - $618

For information on your policy limit and deductible options, talk with an insureon agent.

HOW MUCH IS
Workers' Compensation Insurance?

Workers' Compensation Insurance

State laws usually require catering businesses to have Workers' Compensation Insurance to cover workplace injuries and illnesses. Workers' Comp covers an employee's medical costs and lost wages, while also protecting you, the employer, from Workers' Comp lawsuits. If you're sued, Workers' Comp Insurance with Employer's Liability Insurance can cover your legal expenses.

Catering Workers' Comp policies often cost from $789 to $2,999 per year.

Median policy premium:

$789 – $2,999

Median policy limit:

$500,000

Median policy deductible:

None

Each state sets its own Workers' Comp laws. If you'd like to learn more about your legal requirements, see our state-by-state guide to Workers' Comp laws.

To see how the cost of Workers' Compensation Insurance for caterers compares with other industries, visit Insureon's Workers' Compensation Insurance Cost Analysis New browser window icon..

HOW MUCH IS
Umbrella Insurance?

Umbrella Insurance

Caterers can "boost" their lawsuit protection by purchasing Umbrella Insurance, which covers lawsuit costs that exceed the limits of other policies. When your General Liability, Employer's Liability (the part of Workers' Compensation Insurance that pays for employment lawsuits), or Auto Liability Insurance policies meet their limits, you can use your Umbrella Insurance to receive additional liability protection in increments of $1 million.

Umbrella Insurance typically costs caterers between $400 and $1,200 per year.

Median policy premium:

$400 - $1,200

Median policy limit:

$1 million

Median policy deductible:

None

To see how the cost of Umbrella Insurance for caterers compares with other industries, visit Insureon's Umbrella Insurance Cost Analysis New browser window icon..

Free Insurance Quotes for Catering Businesses

Free Insurance Quotes for Catering Businesses

Remember that the cost estimates on this page are just estimates and are meant solely to give you a ballpark idea of what you might pay. If you'd like an insurance quote specifically tailored to your business, submit an online application. An insurance agent specializing in catering insurance will send you free catering insurance quotes.

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