6 Best Food Truck Insurance Companies in 2024

After answering only five questions, we received a quote for $888 annually. The quote included a general liability policy with limits of $1 million per occurrence and $2 million aggregate, and equipment coverage of $10,000 with a deductible of $250. Finally, we selected a liability endorsement for our trailer for a flat fee of $150.

FLIP’s liability policy is designed to offer broad coverage for food trucks. It includes personal and advertising injury, $300,000 for damage to rented premises, and $5,000 for medical expenses.

FLIP recently expanded its insurance offerings to include workers’ compensation. So if your truck has any employees, you can get workers’ comp through FLIP, too—and the process is just as simple and quick.

FLIP does not have a 24/7 dedicated call center. However, you do have 24/7 online access to your policy documents, including filing a claim, through the account dashboard. The online dashboard allows you to add additional insureds at no extra cost, and you can get an instant COI if a specific venue needs it for your truck.

Coverage is available in 49 states. Online, you can get a quote and purchase a policy in minutes. There are also licensed no-commission agents available if you have any questions or prefer to speak with someone.

If you experience a loss, you can file the claim through your account dashboard. Within three days, an adjuster from the insurance company will be in touch.

Typically, Simply Business will provide multiple quotes for coverage. For this article, we only received one quote from Accredited America for general liability insurance with a standard limit of $1 million per occurrence and $2 million aggregate. If you selected the monthly option, $209 was due the day of the purchase, followed by 10 monthly payments of $62.70.

You could change the limits, and thus the price, to fit your business needs. The limits could be dropped to as low as $100,000 per occurrence or $2 million per occurrence.

For food trucks, Simply Business can also quote cyber liability and workers’ compensation insurance.

Beyond the quoting and purchasing option, Simply Business does have some other convenient tools. You can manage your account online and create a COI, although in some cases if the COI requires a coverage change, there may be a delay in its issuance.

To file a claim, you’ll have to reach out directly to the carrier handling your policy. However, Simply Business states that if you cannot find them or are having trouble reaching a carrier, you can contact the broker to assist you.

Overall, Simply Business continues to be an option for small business insurance that provides a pleasing experience for its customers. For example, on the review site Trustpilot,^[1] there are currently over 1,200 reviews with an average rating of 4.6 out of 5 stars.

When it comes to cost, the average premium for general liability is affordable and in line with what FLIP offers. According to its own data, 72% of Next Insurance customers pay between $23 and $28 a month for general liability for a food truck, and 41% pay an average of less than $30 a month for workers’ compensation.

There are ways to save when you bundle policies with Next Insurance, although the amount saved isn’t clear. Confusingly, however, one of its pages’ sections states that you can save 25% when you bundle, but a different section indicates savings of 10%. Either way, savings are possible, so it is worth checking out.

For food trucks, Next Insurance offers a bundle of general liability and workers’ compensation. For food businesses, its general liability includes liquor liability if your truck serves alcohol.

Next Insurance is available nationwide, and while it isn’t open 24/7, its app functions like a call center. Through the app, you can make changes to your policy, file a claim, track the claim, and even upload any necessary documents for the claim. As previously discussed, you can also create and share a COI as many times as you need at no extra cost.

Per the National Association of Insurance Commissioners (NAIC), year over year, complaints filed against Next Insurance are lower than the national average, so its customers appear to be happy with their experience.

We received a quote for a BOP that costs $515 a month. The majority of that cost was for general liability at $340.17. The policy also had coverage for both business equipment and business personal property (BPP). The insurance was available for same-day coverage.

Thimble’s BOP isn’t the only option for food truck businesses. The provider also has workers’ compensation insurance.

During the quote process, Thimble offers flexibility in determining the limits of the coverage. It also has several endorsements available, making its offerings more customizable and specific to your business needs.

While Thimble states its business hours are Monday through Friday from 9:00 a.m. to 6:00 p.m. ET, I’ve never been able to reach anyone when calling its customer service number. However, through its app, you can manage your policy, including adding and removing coverage. You can actually get a quote and purchase insurance through the app without needing to speak with anyone.

Similar to Next Insurance, Thimble offers a COI tool that lets you create and share a COI nearly instantly. So, this is another good option for food trucks looking to work special events. Its short-term liability coverage is a convenient option for someone with a full-time job and who occasionally works fairs or festivals with a food truck.

A general liability policy with a $2 million aggregate limit costs $77.10 monthly after a down payment of $257. For an additional $250, you can add cybersecurity to this policy.

For food trucks, Hiscox sells general liability, commercial property, inland marine, and cybersecurity insurance. All of these options can be quoted and purchased online, often for same-day coverage.

Recently, Hiscox rolled out workers’ compensation insurance.

As one of the leading small business insurers, Hiscox has many convenient options to manage your policy: call, go online, or contact your agent. Online, you can file a claim and request a COI.

By looking at complaint trends, it is clear that over the past few years, Hiscox has significantly improved its customer service. However, the recently published 2023 data shows some backward movement with an increase in complaints.

On its website,^[2] there are over 1,200 customer reviews with an average rating of 4.8 out of 5.

We received a commercial auto policy for a food truck with $25,000 extra coverage for permanently installed equipment. It costs $270.66 monthly or $2,902 if you pay in full. While this quote did not include a general liability policy (CGL) for the business, Progressive does sell CGL.

It is the only carrier out of the ones reviewed that, when determining the cost, asked about permanently installed kitchen equipment in the food truck.

Whether you need to file a claim or manage your policy, Progressive is available 24/7.

Progressive Business Advantage^® is a great way to bundle your auto coverage with a general liability policy. This is the platform where Progressive functions like a broker, helping you find coverage with other carriers. A nice bonus of this program is that it offers discounts, even if you don’t have all of the policies through Progressive.

Unfortunately, throughout the last couple of years, there has been a rise in complaints filed with state-level Departments of Insurance against Progressive, specifically in the area of its commercial auto insurance. The NAIC tracks these complaints, and currently, Progressive’s level of complaints is much higher than the national average.

Of course, Progressive is also the largest insurer for commercial auto, so it has a larger customer base than other companies on this list. However, it is still troubling to see complaints continue to rise. We also found minimal information on the online account management features that are available once you have a policy.

Food truck insurance is a combination of policies that protect your business and its equipment, and it also helps any customers who may be negatively impacted by your operations. The core policies for a food truck are general liability, commercial property, and commercial auto insurance.

General liability for a food truck can range from as little as $380 to nearly $2,000 annually. Commercial auto costs more and usually starts at around $2,500 annually.

If you’re thinking about starting a food truck business, the first step is to research local laws to find out what is and is not permissible and what licenses you may need to apply for. Next, you’ll want to start thinking about your company name, logo, and menu—and there’s plenty more to do from there.