Restaurant Insurance in California

California’s Restaurant Industry

California's restaurant industry generates approximately $97 billion in estimated sales annually, showcasing its vast scale and economic impact. Yet, it's also an industry that sees significant claims, with the average cost of a slip and fall claim being around $20,000 and liability claims reaching up to $50,000 or more. These figures underscore the critical need for robust insurance coverage that can safeguard your establishment from such financial setbacks.

Tailored Coverage

Our suite of insurance products is thoughtfully designed to address the multifaceted nature of restaurant operations in California. Whether you're navigating the challenges of a start-up food truck or managing a well-established fine dining venue, our policies are calibrated to provide the assurance you need to operate with confidence.

Property Insurance - Covering the physical assets of your restaurant, our property insurance policies are a bulwark against common perils like fire, theft, or vandalism. Given the state's propensity for natural events, we also delve into additional coverage options for scenarios unique to California, such as earthquakes and wildfires. The average pricing for property insurance can vary, but we ensure competitive rates starting as low as $1,000 annually, depending on the value of the insured property and specific coverage requirements.

General Liability Insurance - As the backbone of your risk management strategy, general liability insurance is indispensable. It protects against claims of bodily injury, property damage, and more. This coverage is a must-have in today's litigious environment, with policies averaging between $500 to $6,000 per year, tailored to your establishment's size and exposure.

Workers' Compensation - California law mandates that any business with employees must carry workers' compensation insurance. This safeguards both you and your staff in the event of on-the-job injuries or illnesses. Our policies are designed to comply with state regulations while providing fair and affordable coverage, with average costs typically ranging from $1.20 per $100 of payroll, depending on your restaurant's risk classification.

Liquor Liability Insurance - For establishments that serve alcohol, liquor liability insurance is essential. It protects against the legal and financial consequences of an incident involving overserved patrons. Given the stringent laws in California, we offer customized plans that align with your service model, with premiums averaging around $2,500 per year, but can fluctuate based on sales and service practices.