locating insurance

Hello
I am in desperate need of some help I can not locate a place to sell me liability for the food on my cart every one I talk to has never heard of it, even the big insurance CO. I need to known just exactly what to ask for. Please any help will be appreciated.
pete

quote:

Originally posted by petespups

I need to known just exactly what to ask for. Please any help will be appreciated. pete

Jeez, just ask for liability insurance for a food operation. Go to any Mom & Pop local operation and find out who they went to for insurance.
I you get 6 different answers you should contact them all.
Jack

Where are you located? Try Donegal Insurance in Marietta, PA But be prepared for crazy insurance rates. I'm looking for a better deal. I do not have their # CBB in PA

I called a variety of local companies, as well as a few national ones with offices nearby. The general rule of thumb for a food cart is to request a $1 Mil General Liability policy. Rates vary across the country (mine in MA cost $570/yr.... others on the forum have found cheaper... and more expensive), you have to be sure to ask so you can compare.

Insurance on the food cart itself should fall under the insurance on the vehicle that tows it (in my case, my truck policy)... in case of any vehicular mishaps enroute. Otherwise, the cost of theft etc/replacement on the cart itself will run you more than what the cart is worth, so the Liability coverage is all that is needed really.

Good luck... Janski

Janski, What about people getting sick from food from your cart?

i use Kape ins co in South Plainfeild N.J. i pay around 700 for my store

cowboy bob
I am just outside vineland in south jersey. The ones I have contacted want between $800.00 and $1500.00 that sounds high to me seeing how a lot of folks on this sight seem to be paying around $400.00 Am I asking for the wrong thing? (product insurance)
Pete

1) Are you incorporated? If not, do so NOW! Form a Delaware LLC - costs about $400 to form and $250/year (annual franchise tax to DE of $200 and $50 to them to act as your registered agent) to maintain through these folks who I have used for years and recommend highly: http://www.delawareinc.com/. You can do it all online with a credit card. If you don't know why you need to incorporate, research that online as I don't intend to write a free dissertation here.

2) Insurance: your LLC will need a general liability policy from a reputable company. "Google" variants on the phrase 'food cart insurance' and you'll find plenty of leads, advice, and info. Research, research, research, then shop, shop, shop. I would think that a liability policy with an additional $2,000,000 "umbrella" should cost you from $500 - $700.

In 1993 I started a fast food franchise that opened with $35,000/week and settled there. I had gone to a "country club buddy" and, trusting soul I am, paid $12,000/year for property & liability from a "Brand X company". After two years I was bored one day and shopped the coverage. The typical quote was $2,500 - $3,200 for equal or better coverage. I chose a $2,700/year policy from the Travellers. When I spoke to my "buddy" about this he blushed, shrugged his shoulders, and said: "Insurance rates vary." No sh*t, Sherlock!

Good luck!

To Cowboy Bob (and anyone else): in answer to your concern for anyone "getting sick from food from my cart"... according to my agent, the general liability policy covers this as well as any inadvertent burns from those touching what they aren't supposed to (bodily injury), medical payments, damage to property rented by me, etc. My policy is through a local independent agent, but it's carried by Scottsdale Insurance Group.