Six Ways To Reduce A Food Truck’s Exposure Of Being Robbed

Local news stations across the country have been reporting about food truck robberies over the past year. We certainly hope this doesn’t become an escalating trend. Unfortunately, food trucks are robbed for a number of reasons…

  • Almost all cash transactions.
  • Depending on the city, some food trucks are forced to park on dark and secluded side streets due to regulations on their proximity to brick and mortar restaurants.
  • Each food truck only has 2 to 3 people and easy access to unlocked side/back doors.
  • Most food trucks are not outfitted with any type of security cameras or features.
  • Tend to operate evenings or late nights.

Food Network’s The Great Food Truck Race series revealed some insight to the industry and how food trucks operate. It also showed how food trucks were collecting thousands of dollars in cash…this potentially got would-be robbers thinking about their next target.

There are some elements of a property insurance policy that can protect truck owners from a loss resulting from being robbed. So be aware you can purchase an insurance policy that includes this coverage. However, the cost to add the coverage “may” outweigh the chances of it actually happening to your truck.  By deciding not to purchase the insurance, you have decided to self-insure the exposure/risk.

Whether or not you decide to purchase property insurance, it still makes sense to implement some risk management tactics to protect your income and employees.

Six Ways To Reduce A Food Trucks Exposure Of Being Robbed

Some areas of risk management/loss control to potentially consider implementing are:

  • Purchase a wireless credit card processing system to reduce the amount of cash on hand.
  • Have periodic cash pick-ups by a manager or cash service.
  • Mount exterior lights on truck to brighten up the area around the truck at night.
  • Lock all side/back doors at all times or just evening services.
  • Mount dummy or real cameras with a notice that security cameras are in use.
  • Use the old buddy system and try to park with other food trucks. There is safety in numbers.

We hope that all six of these suggestions will help you reduce the risk of a robbery. How to protect your food truck from being robbed? Share your thoughts on this topic in the comment section or on social media. Facebook | Twitter

Matt Carlson, CIC is an insurance broker that specializes in insurance and risk management solutions for food and catering trucks. He is a foodie and second generation commercial insurance broker. 

2017-01-31T09:11:31+00:00 By |Insurance|

About the Author:

Matt Carlson is an Insurance Broker at Risk Strategies Company (RSC) and specializes in insurance and risk management solutions for food trucks/catering trucks and restaurants across the United States. He is a foodie and second generation commercial insurance broker. He provides his clients with General Liability, Auto, Workers’ Compensation and other coverages. Matt currently insures over 30+ food trucks across the country. Some of his more notable clients are Kogi BBQ and the Grilled Cheese Truck. Visit www.cateringtruckinsurance.com to download a quote application. You can also go to www.risk-strategies.com to learn more about the Top 100 national insurance broker he represents.

Contact: mcarlson@risk-strategies.com
Website: http://www.cateringtruckinsurance.com/

2 Comments

  1. Paul R. Oct 9, 2014 at 5:57 pm

    Nice article. Do you have any suggestions on what company or companies to call and get more info. in So Cal.

  2. paul Jan 19, 2017 at 2:16 am

    You forgot to mention everyone's inalienable rights to carry a concealed weapon for protection. I for one carry every time I set up!

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