As a restaurant owner, one area of your business that you don't want to hold back on is your restaurant insurance. Your restaurant insurance can protect you and your business from a variety of problems ranging from broken equipment to liability lawsuits. Depending on where you live, you will need certain types of insurance for your restaurant.
The most common types of insurance available for restaurants include:
Property Insurance for Restaurants - Protects your property in case of fire or other similar events. If you have a mortgage of your business or equipment, then you are most likely to carry a property insurance policy.
General Liability for Restaurants - In today's world where lawsuits are all over the place, having a General Liability policy for one's business is a must. A General Liability policy for business protects you in the event that someone slips and falls in your restaurant or gets sick after eating there. Look at this as an umbrella policy for your business.
Workers Compensation for Restaurants - In many states such as California, Workers Compensation insurance is mandatory by state law. Workers Compensation insurance for restaurants helps protects you in an employee is hurt at work.
Liquor Liability Insurance - This type of insurance helps protect you if a customer has too much to drink and drives and hurts themselves or someone else. Most states require that any establishment holding a liquor license also carries liquor liability as part of their insurance.
Loss of Business Insurance - If you lose sales through a specific cause, this type of policy can recoup some of the income lost during this time.
Food Contamination Insurance - If you lose power, because of fallen power lines or storm, and the entire contents of your walk-in and freezer spoil, this policy would pay to replace the food.
Automobile Liability Insurance - If you have a company vehicle or make deliveries for your restaurant, this is a must-have a policy. Commercial automobile insurance helps protect you and/or employees against any auto accidents with the company's vehicle. In some cases, this might be included in General Liability policies.
Specific Perils Insurance - This covers the myriad of natural disasters that your general liability or property insurance doesn't. Natural disasters such as earthquakes or floods may be covered under this insurance.
When opening a new restaurant or in search of a new insurance policy for your restaurant, make sure you consult with an experienced agent that knows the laws of your state. For more information or guidance, you can contact one of our Restaurant Insurance specialist for coverage analysis and free quote.
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Operating a restaurant is a tough enough task, having peace of mind that it is properly insured with the right restaurant insurance coverage should be a guarantee and that is what our Insurance agency can provide you.
We have provided restaurant insurance coverage to multiple restaurants and understand that each type of restaurant business has needs.
Our agents spend time understanding your insurance needs to protect your business with the best and affordable restaurant insurance policy.
Here are some items that you have to be concerned about:
- Candles, fryers, ovens and flames
- Customer safety/food contamination.
You need an agency that will provide you a worry free experience and will help you save time. We understand that as a restaurant owner you need special coverage to meet your needs.
At e360 we have provided Insurance coverage for many restaurants, recent restaurants include: Malek Restaurant and La Gondola in Beverly Hills.
Please consult with an agent so that you receive the appropriate coverage at the best price.
We Insure Your Future
e360 Insurance Services is dedicated to providing the service that you expect. We care about your specific needs and work towards providing you the best insurance coverage and lowest cost.
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