The cost of public liability insurance for a catering company will vary depending on the size of your business, the number of clients you serve and the numbers of employees you have. Sole traders, for example, are regarded as a lower risk than catering businesses with employees.
The most common level of public liability insurance coverage is for up to $10 million in damages which may cost from approximately $55 per month. Depending on your circumstances you may require more (up to $20 million) or less (up to $5 million) cover. This will depend on the types of risks your business is exposed to, whether you take on large catering contracts and any specific industry requirements for the type of food you prepare.