Based on our survey of business insurance companies for food truck companies with two employees, NEXT earned our top spot for the best small business insurer for food truck companies due to its affordability and coverage. However, we recommend comparing quotes from our other top picks, including Simply Business, The Hartford and Thimble.
Best Food Truck Business Insurance
Updated: July 17, 2025
Advertising & Editorial Disclosure
Key Takeaways
Based on our analysis of food truck businesses with two employees, NEXT is the best business insurance company for food truck firms because it offers the greatest balance of affordability and customer service. Your actual rates may vary based on your specific business profile and location.
NEXT offers the cheapest BOP coverage and competitive rates across multiple coverage types for food truck businesses.
To shop for business insurance for your food truck business, assess the risks in your industry, consult agents and other similar organizations and compare multiple options.
Best Business Insurance for Food Truck Companies
| NEXT Insurance | 96 | 98 | 94 |
| Simply Business | 94 | 98 | 83 |
| The Hartford | 94 | 95 | 91 |
| biBERK | 91 | 92 | 91 |
| Thimble | 91 | 97 | 81 |
| Coverdash | 90 | 91 | 83 |
| Chubb | 89 | 88 | 87 |
| Progressive Commercial | 88 | 92 | 81 |
| Hiscox | 88 | 90 | 87 |
| Nationwide | 86 | 80 | 91 |
*All scores were based on a food-truck business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. NEXT
pros
Cheapest BOP coverage for food trucks
High customer service rating
Easy digital quoting and policy management
cons
Limited phone-based customer support
COMPANY HIGHLIGHTS
NEXT is our top pick for food truck businesses because it offers the most affordable BOP policy at $113 per month. It also ranks among the lowest for professional liability and general liability coverage.
With a 4.7-star customer review score and a fully digital onboarding experience, it’s a great match for mobile food vendors who value speed and simplicity. While NEXT’s support is primarily online, its platform is intuitive and well-rated by users.
2. Simply Business
pros
Cheapest general liability rates
Access to multiple carriers
Strong policy flexibility
cons
No direct underwriting or claims handling
COMPANY HIGHLIGHTS
Simply Business delivers the lowest general liability insurance rates for food truck businesses, with policies starting at $77 per month. It also performs well for BOP and professional liability coverage, making it a solid choice for owners looking to build customizable financial protection.
As a broker, Simply Business offers access to a wide network of carriers, but claims are managed by the insurer, not Simply Business directly.
3. The Hartford
pros
Lowest professional liability rates
Backed by A+ AM Best rating
Strong customer service scores
cons
Less competitive BOP pricing
COMPANY HIGHLIGHTS
The Hartford is the best option for food truck businesses seeking low-cost professional liability coverage. It leads our pricing study in that category while offering dependable service across all other policy types. Backed by an A+ rating from AM Best, The Hartford is a strong fit for operators who prioritize claim reliability and brand stability. BOP pricing costs more than other top insurers, but the reliability may be worth it for established trucks or multi-unit operators.
Cheapest Business Insurance for Food Truck Firms
Based on our study of business insurance pricing, Simply Business offers the cheapest overall commercial insurance for food truck companies across most policy types. However, this applies only to food truck companies with two employees, and you may find lower rates elsewhere. Below are the most affordable insurers by major coverage types.
Cheapest General Liability Insurance for Food Truck Companies
With an average monthly rate of $77, Simply Business offers the lowest-cost general liability insurance for food truck companies. Even so, consider getting quotes from the next-most-affordable insurers: NEXT and Thimble.
| Simply Business | $77 | $926 |
| NEXT Insurance | $78 | $931 |
| Thimble | $82 | $984 |
| The Hartford | $120 | $1,441 |
| Progressive Commercial | $144 | $1,732 |
| Coverdash | $150 | $1,805 |
| biBERK | $151 | $1,814 |
| Hiscox | $158 | $1,896 |
| Chubb | $178 | $2,133 |
| Nationwide | $300 | $3,604 |
Cheapest Workers' Comp Insurance for Food Truck Companies
For food truck businesses shopping for workers' comp insurance, Thimble tops our list as the most affordable insurer, with average rates of $20 per month or $235 yearly. However, you may find more affordable rates with Progressive Commercial, Simply Business and Coverdash.
Workers' compensation requirements vary by state. Check your local regulations for specific requirements.
| Thimble | $20 | $235 |
| Progressive Commercial | $21 | $253 |
| Coverdash | $22 | $268 |
| Hiscox | $22 | $262 |
| Simply Business | $22 | $261 |
| The Hartford | $22 | $266 |
| biBERK | $23 | $276 |
| NEXT Insurance | $23 | $273 |
| Nationwide | $25 | $294 |
| Chubb | $26 | $316 |
Cheapest Professional Liability Insurance for Food Truck Companies
The Hartford offers the most affordable professional liability insurance options for food truck companies, with low average monthly rates of $52. You may also want to compare prices from other low-cost insurers like NEXT, Progressive Commercial and Thimble.
| The Hartford | $52 | $629 |
| NEXT Insurance | $55 | $664 |
| Progressive Commercial | $56 | $678 |
| Thimble | $57 | $689 |
| Hiscox | $58 | $698 |
| Simply Business | $58 | $701 |
| Coverdash | $60 | $716 |
| biBERK | $61 | $731 |
| Nationwide | $64 | $763 |
| Chubb | $69 | $825 |
Cheapest BOP Insurance for Food Truck Companies
NEXT provides the most affordable business owner's policy (BOP) coverage for food truck companies, with an average yearly cost of $1,355 for bundled general liability and property financial protection. That’s a savings of roughly $34 annually compared to Simply Business, the second most affordable option.
| NEXT Insurance | $113 | $1,355 |
| Simply Business | $116 | $1,389 |
| Thimble | $126 | $1,508 |
| The Hartford | $154 | $1,848 |
| biBERK | $197 | $2,359 |
| Coverdash | $218 | $2,612 |
| Progressive Commercial | $218 | $2,613 |
| Hiscox | $237 | $2,844 |
| Chubb | $266 | $3,192 |
| Nationwide | $451 | $5,415 |
What Type of Coverage Do You Need for a Food Truck Business?
If you have employees, you'll need workers' comp insurance by law, and any business vehicles require commercial auto coverage. Most clients will want you to have general liability insurance before you start work. Some contracts also require surety bonds, especially when clients need guarantees about your service or compliance.
These policies typically include deductibles, which is the amount you pay out-of-pocket before your insurance coverage begins.
RECOMMENDED FOOD TRUCK BUSINESS COVERAGE
General liability insurance is strongly recommended for food truck companies because it covers common risks like bodily injury, property damage and legal defense costs. Professional liability insurance is also a smart option for businesses that work under client contracts or provide specialized services. It helps most for food truck businesses with commercial contracts or specialized services that carry higher risk.
How to Get the Best Cheap Business Insurance for Your Food Truck Company
Here's how to find the best and cheapest business insurance for your food truck, using our step-by-step method.
- 1
Decide on coverage needs before buying
Think about what could go wrong in your food truck business, talk to other food truck owners about their experiences, consult with agents and research the types of business insurance. Understanding risks upfront helps you buy the right coverage without paying for protection you don't need.
- 2
Research costs
To ensure you get the best deal, research average costs for your business profile and determine which providers offer the cheapest rates overall. This will give you a measuring stick for how much you're saving when comparing quotes and which companies to start with.
- 3
Look into company reputations and coverage options
To further narrow your list, research what customers say on online rating sites and forums to get a more comprehensive look at company services. Also, to align with your coverage needs and future ones, research coverage options to ensure you're covered for the right items.
- 4
Compare multiple quotes through different means
Get quotes from at least three companies, but where you get those quotes affects the price. An independent agent might find you a deal that doesn't show up on a company's website. Online comparison tools are quick, but calling insurers directly sometimes unlocks discounts.
- 5
Reassess annually
Your business situation will change, influencing your rates and coverage needs. Repeat these steps annually to ensure you still have the best deal.
How to Decrease Your Food Truck Business's Liability Risk
Reducing risk in your food truck business helps keep insurance costs down. We've organized risk mitigation strategies by business type and risk level to help you find the best approach for your needs.
Food Truck Risk Type | Included Types of Food Truck Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Multi-truck operators, mobile caterers, full-service kitchen trucks | Install fire suppression systems, require ServSafe certification, maintain driving records for all drivers, conduct routine generator/equipment checks, review contracts for all events and vendors |
Moderately High | Food trailers, event-based operators, high-traffic urban trucks | Use clear signage and crowd barriers, train staff on food handling safety, ensure all equipment is secured during operation and transport, keep spill kits on board |
Moderate | Solo owner-operators, part-time vendors with limited staff | Follow routine maintenance schedules for kitchen and vehicle equipment, maintain product temperature logs, conduct basic food safety training, secure overnight storage areas |
Moderately Low | Seasonal operators, small batch or niche trucks | Store equipment in insured locations, verify local event permit requirements, use simplified menus to reduce prep error, maintain single-vehicle driving logs |
Lowest | Static location vendors or commissary kitchen-based trucks | Anchor or stabilize trailer in fixed location, maintain fixed power/water hookups, use low-risk prep tools (e.g., no fryers), coordinate safety walkthroughs with host property |
Best Insurance for Food Truck Business: Bottom Line
NEXT is the best insurer for food truck business insurance, while it also offers the cheapest option overall. We also recommend getting quotes from Simply Business and The Hartford. For the best deal, talk to agents, research insurers and pricing and compare multiple quotes side by side.
Food Truck Business Insurance: FAQ
Below, we answer common questions about food truck insurance.
Who offers the best food truck business insurance overall?
NEXT provides the best business insurance for food truck operators, with strong customer service and a MoneyGeek score of 96 out of 100. The Hartford is also a great choice, with a close score of 94.
Who has the cheapest business insurance for food truck companies?
Here are the cheapest business insurance companies for food truck companies by coverage type:
- Cheapest general liability insurance: Simply Business at $77 per month
- Cheapest workers' comp insurance: Thimble at $20 per month
- Cheapest professional liability insurance: The Hartford at $52 per month
- Cheapest BOP insurance: NEXT Insurance at $113 per month
What business insurance is required for food truck organizations?
Workers' compensation insurance (if you have employees) and commercial auto insurance (if you own business vehicles) are legally required for food truck businesses, with requirements varying by state. While not legally mandated, general liability insurance and surety bonds are effectively required by most commercial clients and property leases.
How much does food truck business insurance cost?
Business insurance costs for food trucks vary depending on your location, staff size and equipment value. Below we've broken down average monthly costs for key types of coverage:
- General liability: $144 per month
- Workers' comp: $23 per month
- Professional liability: $59 per month
- BOP insurance: $210 per month
How We Chose the Best Food Truck Business Insurance
We selected the best business insurer for food-truck companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored insurers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 16, 2025.
- NEXT. "Customer Reviews." Accessed June 16, 2025.