Restaurant Insurance

Restaurant insurance combines the coverages food-service businesses need to handle customer injuries, employee claims, property damage and liquor-related liability. Common policies include general liability, workers’ compensation, liquor liability, commercial auto and a business owner’s policy (BOP) that bundles property and liability. Product liability and equipment breakdown coverage can be added.

Running a restaurant comes with unique risks, and the right restaurant insurance protects your business, staff, and customers from costly surprises.

The restaurant business is always selling. Due to the high demand for fast foods, new restaurants open every day of the week. Usually, restaurants differ from one another in the quality of services, type of food, space, location, etc.; however, there is always something peculiar. They are a high-risk business that needs solid protection: restaurant insurance. Getting this protection is not an easy task because there are brokers who have little or no idea about the business. If you run a fast-food joint or any restaurant-type business and you find a broker who knows restaurant insurance, make full use of the coverage options available to you.

Our Restaurant Insurance Services

There are potential risks associated with a restaurant’s services that could cause serious financial losses. They are quite inevitable because different people visit restaurants and have different perceptions of them. Also, in situations when there is a foodborne illness or fire/kitchen hazards, bodily injury, equipment damage, etc., solving the problem alone could take a different turn on your business – loss of income or lawsuits. However, Restaurant Insurance will help you through difficult times in the business. Ideally, it doesn’t prevent these circumstances; it only improves your survival chance when they happen.

You can trust our Restaurant Insurance services. We have highlighted some of the common risks in this business and provided coverages for safety and protection. All you need to do is check the following and find out what is good for your business.

General Liability Insurance

A General Liability Insurance in restaurants is designed for customers who visit the place, and they get injured, or properties get damaged within the premises. It is somewhat a policy protecting customers and restaurant owners. It can pay for treating injured customers and repairing damaged customer property, which helps protect you from liability lawsuits.

Workers’ Compensation Insurance

Most restaurants are run by more than one person. The reason is that there are different things to do; thus, having more than one hand would help. Hiring workers is good until they get bodily injuries due to kitchen work. If that ever happens, such a worker could file a lawsuit against the employer or management. Workers’ compensation pays medical costs and part of lost wages for employees hurt at work, and in most states accepting these benefits limits the employee’s right to sue the employer.

Liquor Liability Insurance

It wouldn’t be a surprise if you find most restaurants selling liquor. The demand is different from one restaurant to another; therefore, you will need certain policies or coverages to protect you. For a place where they sell alcohol, Liquor Liability Insurance is of utmost importance. The main reason why you need this coverage is to protect your business, especially from the actions of intoxicated customers. These people may not have control over their actions, and it would be bad if you had to pay for the troubles caused or damages done. We only advise restaurants that deal with alcohol either often or occasional basis to consider this insurance.

Commercial Auto Insurance

A little further, we found most restaurants do delivery services as a part of their meal-selling services. It is a good one, but taking a coverage option also matters. In the process of making deliveries to customers either with a personal or business vehicle, things could go sideways. Having Commercial Auto Insurance to cover accident costs will help you. If it was theft or vandalism, our coverage also ensures you don’t record losses both in property and income.

Business Owners’ Policy

The aggregate of all insurance coverages in restaurants falls on Business Owners’ Policy. We included this coverage option because it sums up all general liability insurance with property insurance. The exciting thing about this part of our service is that it is offered at a discounted price due to certain factors. Some of the factors that influence this essential coverage price include business location, the value of property, equipment, and operations. It further covers any interruption that may occur within a restaurant premise.

Why Choose Us for Restaurant Insurance

Restaurant Insurance is a necessity. It offers the protection you need from different sets of people who visit your restaurant daily. It would help if you understood that everyone has a different perception about things, especially food; hence, you should expect the worst reactions, including lawsuits. Besides, having a restaurant means running on risks caused by different factors, especially fire.

Clopton Capital arranges restaurant insurance with competitive coverage options from our insurance network. Contact us to discuss cover for your restaurant.

Protect Your Restaurant With the Right Coverage

From food safety to fire hazards, delivery vehicles, and customer liability, restaurant insurance helps keep your operation safe, compliant, and profitable. Contact us at 866-647-1650.

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Insurance is arranged by Clopton Insurance Services, LLC, an insurance brokerage that arranges coverage through insurance carriers. It does not underwrite or issue policies.