What insurance coverage is required for a food truck in Georgia?

As you prepare to launch your Georgia food truck business, you may be dreaming about turning a great profit while delighting your customers with all of your delicious menu options. You may also be excited to be your own boss and even to have a team of staff members working under you.

As wonderful as running a food truck business in Georgia may be on most days, there inevitably will be numerous challenging days that put you and your business at risk.

Any time you drive a food truck through Georgia streets, you could be involved in a car accident. Perhaps you or employees is injured on the job, or one of your customers is injured while standing under your food truck’s awning.

These are only a few of the many risk factors that you need to consider, and you should also explore some of the Georgia insurance products available to address these risks. Make sure to compare rates with our free quote tool above today! 

Keep in mind that buying insurance for your Georgia food truck is not optional. Auto insurance, as well as several types of business and employee insurance, may be required for most food truck businesses.

As you finalize your business plan for your Georgia food truck business, incorporate premium expenses for the insurance products you need or want into the plan.

Coverage Available for Food Trucks in Georgia

As you begin exploring some of the many insurance products available for food truck businesses in this southern state, you may be wondering which coverage options are needed versus optional.

By learning more about each type of food truck insurance product available, you can better prepare for premium expenses for your portfolio of insurance policies.

Commercial Auto Insurance

All vehicles in Georgia must comply with the state’s minimum auto insurance requirements. This is liability coverage that pays other parties for damages you cause while driving.

The minimum liability insurance requirements for this state include $25,000 per person and $50,000 per accident for bodily injury liability as well as $25,000 per accident for property damage liability.

Because the state’s minimum requirement for auto insurance does not provide you with any compensation for your own vehicle repairs or other expenses in the event of an accident, some food truck owners in Georgia may benefit from buying additional coverage.

Hired and Non-Owned Auto Insurance

If you are leasing a food truck in Georgia rather than buying your own vehicle, a different type of insurance needs to be bought to provide you with the liability coverage you need.

Hired and non-owned auto insurance in Georgia can meet the state’s liability needs for leased commercial vehicles.

Collision Coverage

Georgia does not have a legal requirement for collision insurance, but your food truck lender may require you to buy this type of auto insurance.

While liability insurance on your food truck in Georgia pays for damages you cause for others while driving, collision insurance pays for your truck’s repair work.

Keep in mind that collision insurance in Georgia only provides you with financial benefits if you are involved in a collision accident.

Comprehensive Coverage

A collision is not the only type of incident that could result in damage to your food truck. For example, you may hit wildlife while driving, suffer food truck damage during a heavy rainstorm, and more.

Comprehensive insurance is not a legal requirement in Georgia, but when collision insurance is not required by a food truck lender, comprehensive insurance usually is.

General Liability

General business liability insurance is required for many Georgia businesses, and this coverage works in a different way than auto liability does.

Auto liability insurance on a food truck provides benefits related to the movement of the truck, but you may face other liability risks associated with the operation of your business.

One example of a potential business liability issue is if one of your food truck signs falls and injures a customer.

Property Insurance

One or two different types of property insurance may be relevant to your situation as well. With your auto policy on your Georgia food truck, you may add a personal property option to the policy.

This personal property insurance gives you coverage for appliances and other items of value inside the truck, and it protects you from losses related to theft, damage, and more.

While some Georgia food truck owners drive around to different locations on a regular basis, others park their truck in a single area and rarely move the truck.

This land may be fully developed with a sound system, lighting, an outdoor deck for dining, and more. These improvements may be covered by a real estate insurance policy.

Workers’ Compensation

If your Georgia food truck business hires staff members on a part-time or full-time basis, you may need to obtain workers’ compensation insurance.

This is a special type of employee insurance that offers your injured staff members with benefits. Benefits may include compensation for medical expenses, wages lost while recovering from a workplace injury, and more.

Umbrella Policy

An optional employee benefits coverage option is to buy an umbrella policy for your Georgia food truck business.

An umbrella policy also offers benefits that extend beyond employee insurance, and this may be a cost-effective way for you to meet many of your food truck business’s insurance needs and to address any potential liability issues or other food truck business risks.

Bundling Your Georgia Food Truck Insurance

As a Georgia food truck owner, you may primarily be focused on making your business as profitable and successful as possible, and a key aspect to boosting profits is containing costs.

You could buy your coveragefrom multiple providers, or you could potentially take advantage of a bundled policies discount when you buy most or all of your food truck insurance policies from the same provider.

There are no guarantees that bundling your coverage is always the best option available, so consider shopping around and comparing both bundled and unbundled coverage from multiple providers before you decide what your best insurance options are. Don’t miss out on our free quote tool below! Just enter your zip code and start comparing rates now!

Case Studies: Insurance Coverage for Food Trucks in Georgia

Case Study 1: The Flavorful Bites Food Truck

The Flavorful Bites food truck in Georgia recognized the importance of obtaining the right insurance coverage for their business. They understood that a business owner’s policy, including general liability and property insurance, was essential to protect their food truck and cover potential claims.

The Flavorful Bites food truck also complied with the state’s minimum auto insurance requirements by obtaining commercial auto insurance. By bundling their insurance policies, they were able to save money while ensuring comprehensive coverage for their food truck business.

Case Study 2: The Savory Wheels Food Truck

The Savory Wheels food truck in Georgia prioritized the safety and protection of their business and employees. They recognized the significance of commercial auto insurance to meet the state’s requirements and protect their food truck against potential damages and liabilities.

In addition to commercial auto insurance, they obtained a business owner’s policy that included general liability and property insurance to cover various risks associated with their food truck operations. The Savory Wheels food truck also considered workers’ compensation insurance to provide benefits to their employees in the event of workplace injuries.

Case Study 3: The Tasty Treats Food Truck

The Tasty Treats food truck in Georgia understood the importance of having comprehensive insurance coverage for their business. They obtained a business owner’s policy that included general liability and property insurance to protect against potential claims and property damage.

The Tasty Treats food truck recognized that commercial auto insurance was necessary to comply with the state’s minimum requirements and cover work-related driving. They also explored optional coverage such as hired and non-owned auto insurance, collision coverage, and umbrella policies to enhance their protection.