Manage risks from farm to table.
Mavrix delivers insurance options for restaurants, food services, and producers. From property damage to product liability, our coverages keep your kitchen, staff, and operations protected so your business runs smoothly.
Common Food Coverage Types to Consider
Mavrix delivers insurance options made for restaurants, food services, and producers. From property damage to product liability, our coverages help keep your kitchen, staff, and operations protected from daily risks. Each plan is designed to help your business run safely and smoothly.
Crop Insurance
Equipment Breakdown Insurance
Food Product Recall Insurance
Inland Marine Insurance
Liquor Liability Insurance
Product Liability Insurance for Food Businesses
Coverage That Caters to Your Business
The food industry encompasses a wide range of businesses, each with its own unique risks and insurance needs. For example, if you grow food, you have risks associated with crop failure. If you manufacture foods, you have risks associated with equipment breakdown and food product liability. Food distributors have commercial auto liability, while restaurants and caterers have liquor liability.
Frequently Asked Questions
What is food business insurance and who needs it?
Food business insurance refers to any insurance program designed to meet the needs of businesses in the food industry. It is appropriate for food growers, food manufacturers, food distributors, restaurants, caterers, and other businesses in the food sector. However, different types of food companies need different types of insurance protection.
We can help you secure the right coverage for your business, such as:
- Food Manufacturing Insurance
- Food Service Industry Insurance Coverage
- Food Processing Business Insurance
- Grocery Store Insurance
- Catering Business Insurance
- Commercial Kitchen Liability Insurance
- Restaurant Insurance Coverage
- A Food Truck Insurance Policy
What types of coverage does restaurant or catering insurance include?
Restaurant or catering insurance programs typically include commercial property, commercial auto, general liability, liquor liability, employment practices liability, and workers’ compensation. You may need other types of coverage (such as cyber insurance), depending on your exact business practices and exposures. An insurance agent can help you assess your risks and coverage options.
How does product liability insurance protect food businesses?
As food products are for consumption, they carry a high risk of bodily injury. Common problems include bacterial contamination, undisclosed food allergens, and mislabeling. A mistake as simple as putting the wrong label on a baked good may result in consumers unwittingly eating foods they’re allergic to, while batches that have been contaminated may lead to life-threatening outbreaks. When people are sickened due to food, lawsuits tend to follow. Food product liability insurance provides important protection for food businesses that find themselves in these situations. Food businesses should also consider purchasing product recall insurance to cover the costs associated with a recall.
Is there specialized insurance for food trucks and mobile food vendors?
Yes. Food trucks pack a lot of flavor – and a lot of risk – into a small space. The nature of their operations mean mobile food vendors need commercial auto insurance and general liability designed to meet their unique exposures. They also need to take care of their employees with workers’ compensation insurance. Other important coverage types may include equipment breakdown insurance and food product liability insurance. An insurance agent who is familiar with the risks of food trucks can help you find appropriate coverage.
How do I choose the right insurance policy for my food business?
There’s a lot to consider! A thorough risk assessment is a good place to start. Once you understand your exposures, you can start looking at the coverage types necessary to manage risks. It’s also important to look at the details of the insurance policies you’re considering, including any restrictions or exclusions that could limit your coverage in the event of a loss. All this is easier with the help of an insurance agent who’s familiar with the needs of food businesses and who has relationships with the insurance carriers that serve food businesses.