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Food Truck Car Insurance Rates (Save by Comparing Quotes)

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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UPDATED: Jul 22, 2021

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Key Takeaways

  • GEICO, Progressive, and Farmers are known to carry excellent food truck insurance
  • You can get food truck insurance for $100 per month
  • General liability is required for food truck operators
  • Workers’ compensation insures employees if they get hurt while working at your food truck

Do you need special insurance for food trucks? Having food truck insurance is essential if you’re in the food truck business. It’s required by law that you buy food truck insurance.

But how much does food truck insurance cost? Food truck insurance average cost depends on several factors. These factors will determine whether affordable food truck insurance is available to you.

Read through this guide to learn which factors affect food truck insurance rates, which food truck insurance companies are the best, and how to secure cheap car insurance.

Once you’ve finished learning about mobile food truck insurance, enter your ZIP code in the free online quote tool above to compare multiple companies near you.

How much are food truck car insurance rates?

Auto insurance rates vary for each person. The same goes for food truck businesses.

When you get food truck insurance quotes, the food truck insurance provider considers several factors, just like with personal car insurance.

Some people use their personal vehicles to tow their mobile food trucks. So, they’ll need personal and commercial auto insurance.

But how much does that cost? Continue reading to learn how much personal auto insurance and food truck insurance cost per month.

Personal Car Insurance Rates for Food Truck Owners

If you use your personal vehicle to tow your food truck business, you’ll need personal and commercial auto insurance. For this section, we’ll focus on which car insurance company is the cheapest on average. Let’s compare.

  • Allstate – $184/month
  • Farmers – $202/month
  • GEICO – $91/month
  • Liberty Mutual – $279/month
  • Travelers – $157/month
  • Progressive – $243/month
  • State Farm – $166/month
  • USAA – $92/month

GEICO and USAA are the cheapest auto insurance companies on the list. However, GEICO, Progressive, and Farmers are known to carry food truck insurance.

The monthly car insurance rates above are for full coverage auto insurance for a person with a clean driving record.

Full coverage means that you have collision and comprehensive coverage in addition to liability coverage.

Expect your full coverage car insurance rates to vary based on your state, age, gender, credit history, and coverage level.

Check out Quote Inspector’s “Car Insurance by State” article for more information.

Commercial Food Truck Insurance Rates

Commercial food truck insurance rates are similar to personal car insurance rates. The average cost of food truck general liability insurance is $25 per month. Meanwhile, a commercial auto insurance policy costs about $60 per month.

Since you’ll have a lot of equipment, it’s essential to have equipment insurance, which is about $8 per month.

That’s about $100 per month for food truck insurance. If a company doesn’t carry food truck insurance specifically, you can buy business insurance in place of food truck insurance.

Here’s a quick look at the average cost of business insurance with the Progressive Advantage Business Program.

  • Workers’ Compensation – $86/month
  • Business Owners Policy (BOP) – $85/month
  • General Liability – $53/month
  • Professional Liability – $46/month

These business insurance rates will vary for each company. A food truck insurance company will have these options for you, also.

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Who needs food truck insurance?

Every food truck owner should have food truck insurance. Since a food truck is a motor vehicle, you’re required by law to get it insured.

Here’s a list of various types of food trucks that need food truck insurance.

  • Mobile food trucks
  • Lunch trucks
  • Catering trucks
  • Concession trucks
  • Vending trucks
  • Ice cream trucks

As a business owner, you must meet specific insurance requirements. Laws about how to insure and certify your food truck business are determined at the local level.

For example, the city of Chicago requires food truck owners to have general liability insurance with at least a $350,000 limit. You must comply with local and state regulations.

Food truck insurance also protects you from massive out-of-pocket costs if something happens to your food truck, an employee, or a customer.

Food Truck Insurance Coverage

We talked briefly about what food truck insurance can do for you. This next section elaborates on different parts of food truck insurance coverage. Read on to learn more about various types of food truck insurance.

General Liability

Liability coverage for car insurance covers the other person when you’re at fault in an accident.

However, general liability provides coverage for damage to your food truck, personal injury, or a customer that’s gotten sick from the food at your food truck.

Product Liability

Protect your food truck business even further with product liability. It’s listed as professional liability in some cases.

For food trucks, product liability specifically covers customers who claim they got sick from the food you served them.

Business Personal Property Coverage

There’s so much that general liability will cover. Your food truck insurance company will cover damaged and stolen items from your food truck with business personal property coverage.

Damage to Premises Rented

When get insurance for your food truck, it won’t cover any damages that do not involve your food truck directly.

Therefore, you’ll need damage to rented premises coverage. Ultimately, this pays for any damage to the area you’re leasing or renting. It doesn’t cover the damage done by customers.

Commercial Car Insurance

Personal car insurance covers your vehicle when you’re not working. A commercial auto insurance policy pays for repairs if your food truck gets damaged.

Commercial car insurance also provides higher coverage amounts at a much lower cost than personal car insurance.

Workers’ Compensation Insurance

If you plan on having employees, you should protect yourself to avoid any legal issues. Workers’ compensation provides a way for employees to recover if they get hurt working at your food truck.

Business insurance companies and food truck insurance companies can connect you to workers’ comp policies. Shop around until you find a policy that works for you.

Best Food Truck Insurance Companies of 2021

Now that you know what coverage is available, let’s talk about the top food truck companies in the United States. Check out the sections below and compare each company to see which is best for you.

Farmers

The Farmers Insurance Company is one of the top auto insurance companies in the United States. Farmers insurance is known for the best policy options for food truck operators.

Farmers insurance has auto, crime, property, and workers’ compensation. In addition to general insurance options, Farmers food truck insurance has equipment insurance and food spoilage coverage for food trucks.

Food Liability Insurance Program (FLIP)

This company is best overall for food truck insurance. You can get food truck insurance as low as $25 per month. It’s available in all 50 states, and you can get coverage for your food truck immediately. FLIP’s underwriter is Great American Insurance Company.

Keep in mind, FLIP doesn’t have customizable options like some of its competitors.

GEICO

GEICO is the heaviest hitter on this list. If you have several food trucks, GEICO is the company for you. The GEICO Insurance Company is best for insuring fleets (multiple company cars).

You can also secure cheap auto insurance rates at GEICO. However, customers have complained about the long quote process. Also, some of GEICO’s business insurance services may not come directly from GEICO.

Hiscox

Hiscox is one of the cheapest companies on our list, and it’s best known for its general liability coverage. Food truck operators can get equipment insurance for as low as $7.50 per month.

Unlike its competitors, food truck owners have to make a down payment to start monthly food truck insurance payments.

Insure My Food Truck

If you need a company to do your food truck shopping for you, try Insure My Food Truck. It can help you find a food truck to fit your needs.

However, Insure My Food Truck doesn’t provide quotes. In addition, customers have complained about the company’s online service and the fact that it doesn’t provide policies.

Progressive

Progressive is best known for its discount bundles. Food truck owners praise Progressive’s commercial auto insurance savings and general liability coverage.

But some current policyholders have complained about Progressive’s equipment coverage.

Five Risks of Running a Food Truck

There are a few risks you should be aware of before starting a food truck business. Think about the risks below as you choose your food truck insurance coverage.

  • Employees getting injured by equipment on or around your food truck
  • Vehicle theft, equipment theft, and armed robbery
  • Customers getting sick from the food you serve
  • Dealing with equipment hazards such as fires, malfunctioning equipment, etc.
  • The risk of getting into a car accident while driving your food truck

Did we miss something? These are just a few of the risks that your food truck insurance can protect you from.

But there’s no reason to break the bank when buying mobile food truck insurance. Compare several companies until you find something that fits your budget.

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Food Truck Insurance: What’s the bottom line?

Food truck insurance is part of running a successful food truck. If your food truck is not insured, you’re rolling the dice on your business.

It doesn’t matter how careful you are; accidents happen more than we want them to. Get food truck insurance to protect your business from financial ruin.

Before you make a final decision on food truck insurance, use our free comparison tool below to compare multiple companies in your area.

Frequently Asked Questions: Food Truck Insurance

Before we wrap up this guide, let’s answer a couple of frequently asked questions.

#1 – Do I need food truck insurance?

The short answer is yes. Anyone who wants to run a food truck has to follow local and state laws. Most city laws demand food truck owners carry a specific general liability limit.

#2 – Do you need additional food truck insurance?

You can get the bare minimum, which is general liability. However, there are events that general liability won’t cover. Additional coverage is needed for equipment and other potential risks.

Free Auto Insurance Comparison

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