A variety of disasters can plague dining establishments of all kinds, and restaurant liability insurance can provide the monetary protection needed to recover rapidly from a catastrophe. Insurance could be advantageous when facing patron complaints that escalate into law suits, equipment malfunctions, fires, floods and unforeseen repairs. Some of the factors to think about when examining insurance plans are the location of your restaurant, the number of people you employ, the size of your restaurant, the type of cuisine you make, and the types of equipment you utilize.
A normal restaurant insurance policy could include general liability for slips, falls, and other accidents; property coverage for some severe weather events and fires; food contamination in the event refrigerators or freezers malfunction and cause food spoilage and more. You might also need vehicle insurance if you drive company cars or trucks. Most restaurants will require workers’ comp to cover workers hurt on the job.
Regardless of the category of restaurant you operate, from a casual neighborhood diner to an elegant expensive bistro, you will most likely want coverage for the contents of your business. Furnishings, linens, dishes, silverware, cookware, stoves, ovens, freezers and fridges ought to be repaired or replaced in the event of a disaster. Your restaurant liability insurance can provide you with the financial protection you need depending on the choices you make. Ask your agent for all available options.