Catering Insurance

The costs for catering and alcohol bonds varies depending on your specific business. Some common risks are food poisoning, alcohol-related accidents, property damage, and equipment malfunction. To ensure you have the best insurance for your business, speak with an experienced agent who can explain your options and make sure you have everything covered.

Catering events for clients is a fun and potentially profitable career. It comes with several inherent risks, though. Catering policies help protect caterers from lots of the risks they’re exposed to every time they cater an event. This insurance is similar to restaurant insurance, but catering policies take into account the unique challenges and risks that serving food at off-site locations presents. Most catering policies are written as package policies, combining several coverages into a single policy.

The exact coverages that a catering policy offers are usually customized for a caterer’s particular situation. Therefore, not all catering policies have the same coverages. Nevertheless, there are many coverages that lots of policies do offer. These coverages can be grouped into property protections and catering liability insurance protections. Property coverages help protect the property that caterers own. Even though caterers may not own a building, they still usually have property that should be insured. Catering liability insurance coverages help protect caterers in situations where they’re at fault or accused of being at fault.

Catering policies usually aren’t set up to offer workers compensation coverage. They also don’t normally provide health or disability insurance. Caterers that need these insurances for their employees normally purchase them apart from a catering policy.

Precisely what incidents a catering policy covers depends on the policy’s coverages, terms, conditions, and exclusions. With the right protections in place, a policy may cover incidents such as equipment fires, food poisoning, damage or injuries caused by intoxicated guests, false advertising, slander, and libel lawsuits.

Caterers, of course, should consider getting a catering policy. It’s typically the most affordable and convenient way to get the insurance coverages that caterers need. Catering policies aren’t just for caterers, though. Any eatery that offers off-site catering may need a catering policy. This includes restaurants, bars, and other establishments that have physical locations but also cater events. For, these businesses are often exposed to many of the same risks that caterers face.