Catering Insurance Could Save Your Business

Running a successful catering company means hard work, long hours, an eye for detail, and smart thinking. Whatever state you are in, you’re up against a lot of competition. In fact, there are about 70,000 catering businesses across the country. So, not only do you have to work extra hard doing the job of a corporate, special event or private caterer, you have to work extra hard to get them. Of course, these are not the only challenges that you face.

Whether you are catering for a large crowd or a private event, anything can go wrong. As you already know, there are many risks that come with serving food. Generally, catering businesses face risks whether you provide single event-based food services; food services in banquet halls with catering staff; and transport meals and snacks or prepare food on-site.

Facing The Dangers

What if a guest is injured by hot food. Your catering company could face expensive third-party liability for injury, medical bills, and legal costs. Your delivery van could accidentally crash into a guest’s vehicle. Your equipment can be broken or stolen. A fire can break out in your kitchen. The list seems endless.

If you are unprepared, you could lose your business. What could you do if you have to pay legal claims and costs? Catering insurance such as a business owners policy will give you the protection you need to keep your business safe. Ask Small Business Liability for a customized insurance solution.

What if …

One of your servers spills hot food over a guest. You rushed over with ice and apologies. The guest didn’t suffer burns – which was a great relief. They did, however, suffer great embarrassment. Also, your client was furious, and has brought a claim against your catering business. Will your small company survive both the reputation damage and the blow to your finances?”

Even if you already have an insurance policy, it is imperative to ensure that this liability coverage is periodically reviewed. As your small business expands, it is wise to increase your insurance coverage as well. In this way you will protect your assets and your reputation.

Our service doesn’t end once you’ve purchased or reviewed your catering insurance coverage. Because we are a well-established insurance company, we know the value of partnerships. When your business takes you to new and exciting places, we will continue to provide great catering insurance advice and support.

Small catering businesses have come to rely on wedding events as one of your major sources of income.  But, with the steadily declining marriage rate there are fewer weddings for caterers to service. If your catering business only does weddings, it is time to expand and take on other projects like graduation parties, business luncheons and, trade shows and conferences