Pizza delivery is a lucrative business due to the high demand for pizza. If you own a pizza delivery business, you know the risks associated with it. The rush to deliver pizza within a short time increases the risk of damage and injuries. Some pizza delivery drivers practice unsafe driving habits in an effort to deliver on time.
With all the risks associated with this business, it is important to get pizza delivery insurance. Insurance for pizza delivery protects you against various liabilities that could cost you money. This guide discusses pizza delivery driver insurance in detail and why it is important. We will also mention its cost and some of the best companies you can get it.
Pizza Delivery Liability Insurance
A pizza delivery business insurance policy is vital for your pizza delivery business. This is because it covers the risks associated with this business. Whether you own an established pizza delivery business with many employees or run a self-employed delivery business, getting pizza delivery car insurance is very important.
The risk associated with pizza delivery is overwhelming. In fact, according to the Labour Department statistics, pizza delivery and other drive-related businesses are the fifth riskiest. The situation is so bad that in every 100,000 workers, there are 40 deaths due to accidents, assaults, or robberies. Therefore, it is important to get an insurance policy covering all the risks your pizza delivery business faces. Generally, pizza delivery insurance has policies like;
Commercial Car Insurance
A commercial car insurance policy protects your pizza delivery business from various risks. It is an all-inclusive policy that protects pizza delivery businesses from risks arising from company vehicles. When a driver causes an accident delivering pizza, this insurance covers it.
Business Owner Policy
This insurance policy combines a variety of insurance covers into one. It includes property damage insurance, business interruption insurance, and general liability insurance. As a business owner, you can choose from two or three separate auto insurance policies. These policies include company-owned coverage and employee-owned coverage. It is important to note that all your employees should be listed on this policy to benefit from it.
Before getting it, your insurance company should know the total number of vehicles your business owns and how many employees use them. Worker’s compensation insurance is another important policy under pizza delivery insurance. It covers pizza delivery drivers against lost wages due to life-changing injuries. It also covers their medical expenses. It is important to have this insurance cover as a pizza delivery business due to the high risk.
Pizza Delivery Insurance Cost
The average cost of pizza delivery insurance is 50$ per month. You can also choose to pay an average of $450 annually. However, it is important to note that several factors determine the cost of pizza delivery insurance. Some of them include the location, size of your pizza delivery business, number of vehicles you have, total payroll, and average sales.
Best Pizza Delivery Insurance Companies
With knowledge of the importance of pizza delivery insurance, you might be thinking of buying it. Many companies offer pizza delivery insurance, but not all of them have policies that fit your business. It is for that reason that we have sampled some of the best insurance companies offering this policy. They are;
Dominos Delivery Insurance
Dominos Insurance has been in existence for many years. It offers its services globally, and you can also access them online. Domino’s pizza delivery driver insurance is comprehensive and covers a wide range of claims. As a pizza delivery business owner, you will benefit from these policies immensely.
Dominos Policy Details
Domino’s delivery driver insurance covers general and professional liability. For instance, when your driver causes an accident, dominos insurance for drivers will cover it. This will help protect against severe financial losses. Furthermore, dominos car insurance covers your vehicle against possible damage.
Pros
- Immediate claim responsiveness
- Affordable
- Available worldwide
Cons
- It doesn’t cover some claims
Average cost: $35 per month
Best for: Established pizza delivery businesses with a large workforce
State Farm Pizza Delivery Insurance
State Farm is one of the oldest insurance companies. It prides itself in offering comprehensive insurance coverage for all businesses, including pizza delivery. State Farm is one of the most popular companies offering insurance for delivery drivers. It is among the top pizza delivery insurance providers because it offers adequate coverage at an affordable price.
State Farm Policy Details
With State Farm, your pizza delivery business is covered against almost all claims. Be it third-party property damage or a driver sustaining injuries in an accident; this policy covers it all. You can also get tailored insurance that protects against your business’s specific risks.
Pros
- Comprehensive insurance cover
- Coverage is available in almost every state
- Tailored insurance cover for pizza delivery
Cons
- Could be expensive
Average cost; $60 per month
Best for: Pizza delivery businesses with nationwide reach.
Progressive Pizza Delivery Insurance
Progressive Insurance is one of the most popular insurance companies globally. It provides its services in more than 150 countries, making it one of the most popular. As a pizza delivery business, you can benefit significantly from these policies.
Progressive Policy Details
Progressive Insurance offers tailored coverage for pizza delivery businesses. Their policies cover both general and professional liability. They have comprehensive insurance coverage that protects your business against many risks. What makes it unique is that third-party damage is included in its cheapest package.
Pros
- Specifically covers pizza delivery
- Offers a deductible reimbursement
- Comprehensive insurance cover
Cons
- Rideshare insurance is limited to some policies
Average cost: $45 per month
Best for: Start-up pizza delivery businesses
Geico Pizza Delivery Insurance
Geico Insurance is one of the most popular insurance companies in the US. It has offices in all states in the country, with its services easily accessible. This company offers one of the most comprehensive policies for pizza delivery business.
Geico Policy Details
Geico offers tailored insurance cover that protects against a wide range of claims. Its policy covers general liability and professional liability. You can also get a tailored BOP policy.
Pros
- Tailored insurance cover
- Available worldwide
- Fast claim responsiveness
Cons
- Some policies could be expensive
Average cost: $55
Best for: Wide-reach pizza delivery businesses.
Pizza Hut Delivery Insurance
Pizza Hut is an established company. Being a pizza-making company, Pizza Hut understands what policies fit a pizza delivery business. Therefore, you will enjoy comprehensive coverage that protects your business against lawsuits.
Pizza Hut Policy Details
Pizza Hut offers a wide range of insurance policies. Some of them include general liability, professional liability, and third-party-related liabilities.
Pros
- Excellent customer service ratings
- Tailored cover for pizza delivery businesses
- Fast claim responsiveness
Cons
- Could be expensive
Average cost: $58 per month
Best for: Established pizza delivery businesses.
