Looking for Restaurant Insurance on the South Shore or Cape?
We’ve got you covered!
Owning your own business is hard enough as it is right? Between the schedule managing, staff coming down with the mysterious sickness of the quarter, and especially unhappy customers.
We sadly can’t resolve the issues listed above but we can resolve an issue you might not even have thought of yet.
Liability Coverage for your Restaurant
Imagine this scenario: A customer clearly informs your staff about a serious food allergy that must be avoided. Despite this, a mistake in the kitchen leads to cross-contamination with the very allergen they warned about.
As a result, the customer experiences a severe allergic reaction—and your business could now be facing a costly lawsuit.
Incidents like this happen every day in the food service industry. Even if it hasn’t happened to you yet, our job is to ensure you’re protected against the “what if.”
Restaurant Liability Policy Components
There are multiple “components” that make up a solid Restaurant Insurance policy. Different companies may offer these as a “bundle” while with others they are a’ la carte.
General Liability Insurance
This coverage is going to protect you from a variety of potential claims. Some of these examples can be bodily injury, property damage, personal injury and others that can potentially come up if you are found negligent.
Workers Compensation Coverage
In most states if you have employees then this isn’t even a question of do I want this? This is a must to be able to employ staff. Workers Compensation (otherwise known as workers comp) is strictly designed to ensure payment by employers for some part of cost of injuries to an employee. Some examples of this can be things like:
- Injury at Work
- Disease caused by work environment
In most cases an incident would need to take place while the employee is at the place of employment, however it would be best to discuss with your local independent insurance agent for more of a case by case basis.
Loss of Income Insurance
What would you do if your restaurant had to shut down temporarily due to an insurance claim? For most restaurant owners, this kind of interruption can lead to serious financial strain. You wouldn’t be able to serve your customers, and without service—there’s no income.
That’s why Loss of Income Insurance (also known as Business Interruption Insurance) is essential. This coverage acts as a financial safety net, helping replace lost revenue when your restaurant can’t operate due to a covered event.
Property Damage
This would allow you coverage for damage to your building, inventory, or equipment. Most policies would offer you a replacement cost coverage to these items so you would be able to repair or replace these items for today’s cost.
To make sure you have replacement cost coverage on property it is important to check with your independent insurance agent.
Crime and Vandalism Coverage
This would cover you in the event you had a claim due to a burglary, robbery, employee theft, or any vandalism to the property.
Here are a few examples of clients we work with and make sure their business are protected:
- Local Restaurants
- Food Trucks
- Catering Companies
- Food Delivery Restaurants
- Ice Cream Trucks
- Bars
- Cafeterias
- Local Diners
The list can go on and on.
So how do you know if a restaurant liability policy is a good fit for your business?
We always would recommend you calling a local independent insurance agent like us, and discussing your coverage options. Our agency can work with you in finding the perfect fit for your restaurant insurance needs.
How to get started
The process of getting a Restaurant Insurance quote is simple. You can either call us directly, or click over to our Quotes page to give us a little more information about your situation and needs.
Either way, we’ll make the process easy!