Planning a major event can be stressful, but you should not have to worry about the catering. A Catering insurance policy will help cover any accidents or damages that occur during your event. You will need to know everything about this kind of policy before you make a decision on which one is right for you. 

What is a Catering Insurance Policy?

Catering insurance policies are designed to cover losses from any accidental events that occur during a catering event. This includes food poisoning or other foodborne illness, damage to equipment or property, or other liability.

This type of insurance is different from a standard catering contract because a catering contract is a promise between a caterer and a customer to provide a specific type of food and service.

These policies cover the unintentional damages that can occur during an event and are in two parts:

Commercial General Liability Insurance 

Commercial general liability insurance is a way for your business to protect itself in case something goes wrong. It protects your business in the event of lawsuits, bodily injuries or personal injuries, property damage cause by business operations, and injuries that occur within the business premises.

Event cancellation insurance covers your business from irredeemable costs and expenses from an event that has been canceled because of situations beyond control. 

How does a Catering Insurance Policy Work?

What is the Difference between Catering Insurance and Catering Liability?

Catering liability is a form of general liability insurance specific to the foodservice industry. It protects you against damages caused by your employees or subcontractors in the course of their work. Catering insurance, on the other hand, covers events that are not due by your staff.

Catering insurance policies are not just for huge events with large numbers of guests. Catering insurance policies can manage by anyone who needs to plan a special occasion—from a small family party to a large-scale wedding.

For hosting a smaller event, it is possible to get a short-term policy for up to 14 days. And for hosting a bigger event, you will need to get an immense policy that will provide you with more coverage. Just make sure that your policy covers all of the catering-related aspects of your event, including food, equipment, staff, damages, and third-party vendors.

What is Covered by a Catering Insurance Policy?

They typically cover catering equipment, food, linens, and other essential necessities for your event. Food-based catering insurance policies will cover the loss of food or beverages due to spoilage, contamination, or theft.

One of the more often overlooked aspects of catering insurance is the cost of equipment rentals. Catering insurance can help with the cost of these rentals in case they are stolen or seriously damaged.

Some catering insurance policies also cover additional costs incurred by the event. Things like staffing, venue rental, transportation, or security are all covered by some catering insurance policies. It all depends on the coverage of your policy or insurance plan.