HOW MUCH IS BUSINESS INSURANCE
for Concessionaires and Food Vendors?

Whether you're a veteran of the food vending industry or a newcomer looking to get your first street-vending license, we can help you find food vendor insurance quickly and easily.

To help you budget your policies, we've provided these cost estimates. Remember, though, that these are just estimates. Depending on your city laws and the type of food vending business you run, you could pay a significantly different rate for your insurance policies.

HOW MUCH IS
General Liability Insurance?

General Liability Insurance

You've probably heard about General Liability Insurance because many municipalities require it before they will grant you a food vending / street vending license.

General Liability Insurance can pay your legal costs when customers, businesses, and other third parties sue you. It covers lawsuits over property damage, and physical injuries. If you serve food that gets your customers sick, GL Insurance can cover the resulting lawsuit. If you damage the land or facilities where you've set up your vending station, this insurance can cover your legal fees and the damages you owe.

General Liability costs start at $375 in annual premiums for the typical small food vendor.

Median policy premium:

$375+

Median policy limit:

$2 million

Median policy deductible:

None

Note: When you apply for a street vending license, many municipalities require you to show a Certificate of Insurance (i.e., the proof of insurance document your insurer gives you). Some cities also require you to list the city as an "additional insured." That's because if someone sues you, they could also sue the city that licensed you.

Listing the city on your policy is easy to do. Check your municipal requirements and talk to your insurance agent about adding your city if necessary.

HOW MUCH IS
a Business Owner's Policy?

Business Owner's Policy

Many food vendors purchase Business Owner's Policies because they cover physical property (cart, equipment, etc.) and pay for many types of lawsuits. BOPs package General Liability (see above) and Property Insurance together for a discount.

As a food vendor, your commercial property is your business. Without your cart, tent, or food station, your business doesn't exist. Property Insurance protects this and other business property from theft, fire damage, some weather damage, and a few other loss scenarios. If your cart is stolen or vandalized, your insurer reimburses you for the loss. Other covered property includes uniforms, inventory, supplies, and equipment.

Typical Business Owner's Policy costs for small food vending companies start at $795 in annual premiums.

Median policy premium:

$795+

Median policy limit:

$2 million

Median policy deductible:

$500

HOW MUCH IS
a Business Owner's Policy with Errors and Omissions Insurance?

Business Owner's Policy with Errors and Omissions Insurance

Food vending BOPs can also be customized to include Errors and Omissions Insurance, which covers some additional food-related lawsuits. If one of your customers has an allergic reaction to food you advertised as allergen-free, E&O Insurance covers the lawsuit. Depending on the kind of food cart you run, you might be exposed to E&O liabilities.

If you aren't sure whether your vending business needs this coverage, talk with one of insureon's food vendor insurance agents (800-688-1984).

BOPs with Errors and Omissions Insurance have prices as low as $550 to start for food vendors.

Median policy premium:

$550+

Median policy limit:

$2 million

Median policy deductible:

$500

Free Insurance Quotes for Small Food Vendors

Free Insurance Quotes for Small Food Vendors

Submit an online insurance application and an agent specializing in food vendor insurance will handle your application. Typically, our agents are able to get you coverage in as little as 15 minutes. You'll have online access to an insurance certificate to prove your coverage. Any time you need to print one out to renew your food vendor's license, you'll be able to do so easily.

Grab-n-Go Information

food services eBookS
Download free eBooks and in-depth guides on growing your business and keeping it safe.
Browse eBooks
Sample certificates
See a sample Certificate of Liability Insurance, the proof of coverage you need for most contracts.
Download pdf
Sample Quotes & Cost Estimates
See what insurance really costs: actual quotes by policy & specialty.
Learn More
Ask A Question
Submit your questions about restaurant insurance and get answers from our experts.
Learn More