The 6 Best Food Truck Insurance Companies in 2023
Nathan Weller is an Insurance Expert focusing on insurance for small business. He has 15 years experience in insurance operations, FNOL, and claims handling.
Your food truck is your restaurant on wheels and needs special insurance to keep your business moving. Combining a business owner’s (BOP) and commercial auto policies, it can be hard to find quality food truck insurance. We’ve researched 20 different providers to find the six best insurance for food trucks. These are the highest scoring companies based on our rubric of evaluating their financial stability, customer satisfaction, convenience, and the policies it offers.
- Progressive: Best overall for food truck insurance
- GEICO: Best for a restaurant with a food truck
- Hiscox: Best for food trucks that have online orders
- Acuity: Best for a caterer
- FLIP: Best for Instant Coverage
- CoverWallet: Best for comparison shopping
Best Food Truck Insurance Insurers Compared
Company | Online Quote | Accessibility | Instant Certificate of Insurance (COI) | Financial Rating |
|---|---|---|---|---|
 Progressive | Yes | 24/7 call center | No, have to call | A+ Superior |
 Geico | Yes, but may have to call to finish | 24/7 call center | Yes; through online portal | A++ Superior |
 Hiscox | Yes | Monday to Friday, 7 a.m. to 10 p.m. Eastern time | No; available within 1 day | A Excellent |
 Acuity | No, agent only | 24/7 availability | Unclear | A+ Superior |
 FLIP | Yes | Monday - Friday 8:00 a.m. to 8:00 p.m. MST | Yes | A+ Superior |
 CoverWallet | Yes | Monday to Friday, 8 a.m. to 8 p.m. ET; Saturday, 9:30 a.m. to 1:30 p.m. ET | Yes | A Excellent |
Progressive: Best Overall for Insurance for Food Trucks
Overall Score:
4.25 / 5
What We Like
- Best policy for a food truck
- Online quoting
- Policy options
- Independent agents
What's Missing
- Have to call for your COI
Deciding Factors
- Claims services 24/7: Weekend accidents can be reported the same day
- In-house claims: Claims handled directly by Progressive
- Availability: Available in 49 states
- Financial rating: A+ Superior Rating
Progressive Commercial insurance is the best overall provider for food truck insurance because of the policy it offers. Progressive, as the largest insurer for commercial auto, has the proven reputation and knowledge to properly insure your food truck. It offers a comprehensive policy for your vehicle as well as a general liability policy for your business operations. It scored a 4.25 out of 5 because of its financial stability, customer convenience, and the policy it offers. Progressive is also one of our best small business providers.
Cost & Coverage
A commercial auto policy for your food truck with $25,000 in extra coverage for permanently installed equipment costs $270.66 monthly or $2902 if you pay in full. While this quote doesn’t include a general liability policy (CGL) for the business, Progressive does sell CGL.
Progressive was the only carrier out of the 20 reviewed that, when determining the cost, asked about permanently installed kitchen equipment in your food truck.
Whether you need to file a claim or manage your policy, Progressive is available 24/7. Its complaints are also lower than the national average.
Progressive Business Advantage® is a great way to bundle your auto with a general liability policy. It offers discounts, even if you don’t have all of the policies through Progressive.
Progressive has been offering insurance since 1937 and has a record of financial security. Its current rating by AM Best is A+ Superior.
GEICO: Best for a Restaurant With a Food Truck
Overall Score:
4.25 / 5
What We Like
- Online quoting
- 24/7 availability
- Bundling options
What's Missing
- Have to call for your COI
Deciding Factors
- Berkshire Hathaway: Owns Geico
- In-house claims: Claims handled directly by Geico
- Nationwide: Available in all 50 states
- Financial rating: A++ Superior Rating
GEICO is a great provider for restaurants with a food truck operation. It offers a highly customizable policy with easy-to-understand language. For example, do you want coverage in case your oven breaks down? In that case, you can add equipment breakdown coverage. Scoring 4.25 out of 5 because of its superior financial status, technology-friendly convenience, and customer service.
Cost & Coverage
While GEICO does provide online quotes for some policies, we couldn’t obtain an online quote for food truck insurance.
GEICO offers a BOP for your restaurant. This policy provides coverage for your property and any liability that may happen while serving customers in your restaurant or the food truck. You can bundle the BOP with a commercial auto policy for the truck or trailer.
GEICO offers an online portal for customers where you can make payments, set up auto-pay, and request proof of insurance.
GEICO offers an option to check claim status or request roadside assistance through Amazon Alexa or Google Assistant.
As part of the Berkshire Hathaway family of companies, GEICO has the highest rating available by AM Best of A++.
Hiscox: Best for Food Trucks That Take Online Orders
Overall Score:
4.00 / 5
What We Like
- Policies offered
- Exists for small businesses
- In-house claims
- Independent agents
What's Missing
- Up to 1 business day wait for a COI
Deciding Factors
- Account portal: Online access to manage your policy
- 24/7 availability: Claims services are there for you online all the time
- Global company: Has long history of insuring small businesses
- Online quotes: Available quickly
Hiscox scored 4 out of 5 in our evaluation because of its excellent customer service, convenience, and number of policies available. It’s the best providers for a food truck that takes online orders because of the cybersecurity insurance. Hiscox recommends this coverage as an add-on coverage to its food truck policy.
Cost & Coverage
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 cyber security to this policy.
As one of the leading small business insurers, Hiscox has many convenient options to manage your policy: call, go online, or contact your agent.
You can obtain a quote and purchase it online with same-day coverage available.
Founded in 1901, Hiscox has the financial stability you want. AM Best has an Excellent A rating, meaning it has an “excellent ability to meet their ongoing insurance obligations.”
Acuity: Best for Caterers
Overall Score:
3.75 / 5
What We Like
- Retail services available
- Financial strength
- Availability
- Risk management services
What's Missing
- Unable to receive online quotes
Deciding Factors
- Account portal: Online access to manage your policy
- Tailored policies: A large number of specialty coverage available
- Independent agents: Available to advise you on your policy
- Low complaints: Lowest complaints of all companies reviewed
Acuity received a score of 3.75 out of 5 because of its outstanding customer service and tailored policies. Acuity is best for caterers or other food retailers because of its tailored policies. Its policies allow you to adjust limits and additional coverages based on your needs. Food contamination, equipment breakdown, and data breach are some of the coverages available.
Cost & Coverage
To receive a quote for your food truck from Acuity, you’ll need to speak with an independent agent.
Acuity’s tailored policies are called Bis-Pak. This is a BOP with additional options like liquor liability and food contamination.
It also provides a commercial auto enhancement. If you own a truck and trailer, and there’s an accident, you’ll only owe one deductible.
Acuity offers an online service center for policy changes and questions. For a claim, you can call, file online, or even fax the documents to the insurer.
It stands out in its additional services by providing a retail consultant who can help you with your catering business as well as training videos from J.J. Keller & Associates.
Customers are happy with Acuity’s service as it has one of the lowest average of complaints among insurers.
With nearly 100 years of experience, Acuity is financially stable. AM Best has rated Acuity Superior with an A+.
FLIP: Best for Instant Coverage
Overall Score:
3.75 / 5
What We Like
- Instant COI
- Ease of Use
- Policy Dashboard
What's Missing
- Not available 24/7
Deciding Factors
- Online Quotes: Available online in 10 minutes or less
- Purchase Policy Online: After obtaining a quick quote
- Dedicated Agent: to help you manage your policy
- Affordable: Options for food truck and equipment
Food Liability Insurance Program (FLIP) provides a quote in minutes for your food truck business. After purchasing it, your policy documents, including the COI, are available. If you need quality coverage quickly FLIP is the best provider for you.
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.
Cost & Coverage
After answering five questions, we had 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.
Coverage is available in 50 states. Online you can get a quote and purchase a policy in minutes. There are also licensed non-commissioned based agents available if you have any questions or prefer to speak with someone.
If you have a loss, file the claim through your account dashboard 24/7 and within three days, an adjuster from Great American Insurance Group will be in touch.
The online dashboard allows you to add additional insureds at no extra cost, and if a specific venue needs it for your truck, you can get an instant COI.
The policy is through Great American Insurance Group. It is financially stable, with an A+ Superior rating from AM Best.
CoverWallet: Best for Comparison Shopping
Overall Score:
3.75 / 5
What We Like
- Comparison shopping
- Quick online quotes
- Policy financing plan
- Instant COI
What's Missing
- To file a claim, you have to go to your Wallet, find the carrier contact information, and then file the claim directly with the insurer.
Deciding Factors
- Policy documents: Easy to access important documents
- Online management: Manage and pay your account
- Easy to use: Website for all your needs
- Purchase policy online: After obtaining a quick quote
With a 3.75 out of 5, CoverWallet is the best provider for comparison shopping. CoverWallet is also one of the best online brokers. It provides fast quotes for you from many carriers, including Liberty Mutual and Chubb. Its high score reflects CoverWallet’s commitment to convenience and offering the policies you need.
Cost & Coverage
Because of its quoting process, CoverWallet can provide coverage options for every element of your business, even if the policies are from different companies. A BOP for a food business operating out of a home with a business auto policy costs $3619. If the cost is too high for your budget, CoverWallet provides a financing plan.
This policy provides coverage for your property, liability as a result of your business operations, and coverage for your food truck.
After providing quick quotes for you to compare, purchasing a policy is easy. Then, you gain access to the Self-Service Wallet, where you can request a COI, pay a bill, review your policy or obtain information to file a claim.
In 2020, Aon purchased CoverWallet. It has an excellent A rating by AM Best.
Methodology
We determined which insurance companies would be the best for your food truck by utilizing our proprietary evaluation system developed in-house. We reviewed 20 insurance providers and have presented the six with the highest scores. In evaluating insurance companies, we have focused on the customer’s needs. We paid particular interest to convenience, financial ratings (AM Best), customer service, types of policies offered, and the overall experience as a policyholder for a specific provider. Most people only care about insurance when they need it, and we wanted to ensure that what we’re recommending is something that, should that moment come, you’ll feel comfortable with your purchase.
Bottom Line
Food trucks require a unique combination of liability, property, and auto insurance. We did the work and reviewed 20 different carriers to find the best insurance for food trucks. Progressive Commercial has the best policy for your food truck. Visit Progressive today for a quote.
