Whether you're bringing extra elegance to a wedding or serving up the best part of a corporate luncheon, you've worked hard to build your business – and we want to help you protect it. The right insurance can safeguard your company from the high costs of food safety claims, equipment fails and more. Here's a quick guide to the insurance options most caterers choose so you can enjoy what you deserve most of all – the taste of success. This guide breaks down:
A Business Owner’s Policy for caterers saves you money by bundling general liability, property insurance and product liability.
General liability insurance covers injuries and damages caused by your business, as well as advertising-related claims.
Liquor liability helps you handle the legal and medical costs of intoxicated guests who cause damage after you've served them liquor.
Working with Mylo can help you find the right coverage at the best value.
Here are five essential coverages every catering service owner should consider to stay protected and profitable:
A Business Owner’s Policy (BOP) is a smart starting point. It bundles key coverages into one affordable package – ideal for new or growing catering businesses. Your BOP typically includes:
GENERAL LIABILITY FOR CATERERS Covers legal and medical costs if a client or guest is injured – or their property damaged – because of your services. It also protects you from advertising-related claims. Examples:
PROPERTY INSURANCE FOR CATERING BUSINESSES Helps repair or replace your kitchen equipment, inventory and supplies if disaster strikes in your space – like fire, theft, or vandalism. Examples:
PRODUCT LIABILITY INSURANCE (also called food liability) Covers legal costs if guests claim your food made them sick or caused an allergic reaction.
BUSINESS INTERRUPTION INSURANCE Replaces lost income if you need to temporarily pause your business due to covered property damage.
Texas doesn't require most businesses to carry workers’ comp. But if you opt out, you may face lawsuits from injured employees. Carrying workers’ comp provides medical care and replaces lost wages for staff injuries and shields you from most employee lawsuits. Examples:
If you use vans, trucks or cars to transport food, equipment or staff to events, Texas requires you to carry commercial auto insurance.
Covers your equipment, inventory and supplies while they're at your event – or while you're transporting them on the road. Examples:
If you serve liquor at your event, Texas will hold you liable if an intoxicated guest causes damages or injuries afterwards. Liquor liability insurance helps you handle pricey legal and medical costs.
Your amazing company deserves protection that keeps up with your business. Mylo has been innovating insurance for 10 years and connected 75,000+ business owners with 100,000+ policies. Because we don't sell our own insurance, we can give you an objective recommendation and find you the best value in Texas – at no cost to you.
In minutes Mylo will: