It’s amazing how many food delivery service businesses there are in the United States. IBISWorld estimates that there are more than 7,355 companies doing this work, and the number is growing. If you are considering starting such a business, you will need to understand the commercial insurance requirements, which are extensive.
We’ll start with the basics and, if you have any questions, you can reach out to us at Slaughter Insurance Agency in Quinlan, TX, for a customized quote. You will need to cover your business, its drivers, the vehicles used, and the delivered food for liability, accidents, and property loss.
Here are the insurance policies you probably need:
| Type | Protection |
| General Liability* | Bodily Injury and Property Damage |
| Commercial Property* | Buildings, Equipment, and Inventory |
| Business Interruption* | Business Income |
| Commercial Vehicle | Leased or Owned Vehicles |
| Perishable Food in Transit | Loss of Food During Delivery |
| Workers’ Compensation | On-the-Job Accidents and Injuries |
| Product Liability | Foodborne Illness |
* General Liability, Commercial Property, and Business Interruption protection may be combined in one policy. You may need other protection for your operations.
Business Owner’s Policy
A business owner’s policy (BOP) is a customized policy that contains elements that go well together, such as General Liability, Commercial Property, and Business Interruption.
It is also important to realize that if you use a facility or vehicle that is also used personally (such as your home or car), you still need commercial insurance. Be aware that a typical home insurance or auto policy usually has an exclusion for commercial use. It is too risky to operate without commercial insurance. Work with your agent to get adequate coverage that addresses your circumstances.
Reach out to us at Slaughter Insurance Agency in Quinlan, TX, with any concerns and for all your commercial insurance needs.
