How Much does Hot Dog Cart Insurance Cost?

OK, you know you need insurance and you know how to get it, but you want to know how much it costs. Insurance is a fixed, yearly expense and you don't want to break the bank.

I asked the folks at Bolt Insurance to give me a "ballpark" example of the cost of a $2 million general business policy for a hot dog cart. Given they write liability insurance policies for mobile food vendors in all 50 states, they told me "that's a pretty big ballpark."

So what we did is we spec'd out a policy for a hot dog cart in Chicago doing $80K per year in sales and came up with a ball park figure of around $850 per year.

That may seem like a lot, but remember, that's for Chicago. Rates vary drastically from state to state.

I would also suggest if you are buying insurance for your first hot dog cart, you go LOW on your projected sales. A good first year estimate for any new hot dog cart operator should be no more than $25K in projected sales. That will bring the cost of your hot dog cart insurance down. Of course once you're in business, your insurance company will want the "real numbers" from your tax return...

To get a fast, free quote on hot dog cart or any mobile food vending insurance, click here.
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