Restaurant Insurance

Restaurant Insurance

 When you own a restaurant you have many things to think about. Insurance should be the easiest. As an insurance broker I have many companies that cater to the restaurant owner and there are some things you need to make sure are included in your policy to know you have the best restaurant insurance coverage. The most basic of coverages you will need are commercial general liability, commercial property, commercial auto - if your doing deliveries, and workers compensation. There are many other coverages that can be included and you want on your restaurants insurance policies. Some agents will sell you the cheapest bare bones policy, but some of these coverages are necessary for your business and you should specify you want them.

Standard Coverages

• Commercial General Liability - Pretty standard coverage. This covers accidents that are your fault. 
• Commercial Property - Also, pretty standard. This coverage covers the building, the contents, and the improvements you have made to the property (ex.installing a counter). 
• Workers Compensation - Covers your employees for accidents.
• Commercial Auto - Covers the vehicles and the liability on operating a company vehicle.

Watch Out For

• Business Income - You want to make sure this coverage is included in your policy. This is a commercial coverage that reimburses a business owner for lost profits and continuing fixed expenses during the time that a business must stay closed while the premises are being restored because of damage from a covered peril, such as a fire. 
• Hired Auto - Hired auto liability coverage will pay for damages to a third party, on behalf of your company, if you cause an accident or an injury to someone while you are driving a rented car.
• Non Owned Auto - Non-Owned Auto coverage protects your company should it be sued due to an auto accident while one of your employees is on company business in a personal vehicle.

Call me today at 800-765-8272 for a quote for your restaurant or your can submit your business information online. We understand restaurants insurance needs.