Covering the Basics with Restaurant Insurance

From food safety to injuries, there are many potential risks associated with operating a restaurant. Unfortunately, the competitive nature of the food industry provides little opportunity to recover from errors. In fact, a lawsuit resulting from food you serve could lead to your business shutting down. Fortunately, restaurant insurance provides the financial backing many restaurant owners need to wade through the perils associated with operating a restaurant.

What is Restaurant Insurance?

Restaurant insurance is industry-specific general liability insurance. In most cases, restaurant insurance provides business owners with protection against typical losses associated with restaurants. Owners need restaurant insurance to ensure they have the appropriate protections against industry risks.

What are Coverage Options for Restaurant Insurance?

The protections your business gets from a restaurant insurance policy are there to protect your business’ interests. Most policies aren’t simply general liability policies, but may also cover property damage. With many restaurant owners experiencing fires or other damages, having the safety net of a restaurant insurance policy can mean the difference between shutting your business down for good or resuming operations after a loss.

Additional Restaurant Insurance Options

Although some insurance policies for restaurants are comprehensive, you may have to add additional coverage to reduce the impact of risks. For instance, you may be able to add protection against your equipment breaking down, if it isn’t already covered on your policy. Other commercial insurance options that complement your restaurant insurance include:

• Workers compensation insurance
• Liquor liability
• Commercial auto insurance
• Loss of income coverage

All of these insurance products help you increase the chances of your business surviving a loss.

You work hard for your restaurant, and it makes sense to protect it at all costs. Restaurant insurance and other types of commercial coverage provide you the wherewithal to continue operations after experiencing a loss.