How Much Catering Business Insurance Costs for Catering Companies
- 2 hours ago
- 2 min read
Catering businesses handle food preparation, delivery, and on-site events, exposing them to property damage, food borne illness claims, and employee injuries. Understanding catering business insurance costs helps companies budget properly while maintaining essential protection for kitchens, staff, and clients.
1. Average Catering Business Insurance Costs
While premiums vary depending on location, revenue, and coverage limits, typical annual ranges include:
General Liability Insurance: $800–$2,500 per year
Commercial Property Insurance: $500–$1,500 per year
Workers’ Compensation: $2–$5 per $100 of payroll
Commercial Auto Insurance: $1,200–$3,500 per vehicle annually
Liquor Liability Insurance: $300–$1,200 per year (if serving alcohol)
Professional Liability (Optional): $400–$1,500 per year
Small catering businesses may pay between $2,000 and $5,000 annually for core coverages, while larger operations with multiple vehicles, full-time staff, and high-volume events may see total premiums range from $7,000 to $15,000+ per year.
2. Factors That Affect Catering Business Insurance Costs
Several elements influence pricing:
Annual revenue and number of events
Size and type of kitchen facilities
Number of employees and payroll
Use of vehicles for delivery
Serving alcohol at events
Coverage limits and deductibles
Providing accurate details upfront ensures competitive and accurate quotes from insurers.
3. How Catering Companies Can Control Costs
Catering businesses can reduce premiums by:
Maintaining a clean claims history
Implementing food safety protocols and staff training
Using properly insured delivery vehicles
Choosing appropriate coverage limits and deductibles
Reviewing policies annually as the business grows
Strategic coverage selection ensures proper protection without overpaying.
Get an Accurate Catering Business Insurance Quote
Understanding catering business insurance costs allows companies to plan budgets while protecting kitchens, staff, vehicles, and events. Working with a specialised brokerage like Wexford Insurance helps compare multiple carriers and tailor coverage to your operation.
👉 Request your catering business insurance quote from Wexford Insurance today and ensure your company is fully protected.
