Insurance for Food and Beverage
Looking for Restaurant Insurance in San Diego?
We've got you covered!
Owning your own business is hard enough as it is, right? The staff came down with the quarter's mysterious sickness and unhappy customers between the schedule managing.
We sadly can't resolve the issues listed above, but we can fix a problem you might not even have thought of yet.
Liability Coverage for your Restaurant
Picture this, and you have a customer who specifically lets you know of a food allergy to avoid. Your kitchen staff not paying attention accidentally contaminates their meal with said food allergy.
Not only does your customer suffer from the extreme allergic reaction, but you are now wide open to a potential lawsuit.
See, things like this happen every day in our world. Although they might not happen every day in yours, our job is to make sure you are protected from 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 others 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 develop if you are negligent.
Workers Compensation Coverage
In most states, if you have employees, then this isn't even a question of do I want this? Workers Compensation is a must to be able to employ staff. Workers Compensation (otherwise known as workers comp) ensures payment by employers for some part of the cost of injuries to an employee. Some examples of this can be things like:
Injury at Work
Disease caused by the work environment
In most cases, an incident would need to occur while the employee is at the place of employment; however, it would be best to discuss with your local independent insurance agent more on a case-by-case basis.
Loss of Income Insurance
What happens if you are unable to open your restaurant due to a claim? In most cases would cause significant hardship for you as a business owner. You wouldn't be able to serve your customers, which in turn means no income coming in.
A restaurant closure due to a covered claim is where Loss of Income Insurance is imperative. Business Income coverage would allow you to have a "backup" plan if you could not generate an income due to a covered loss.
Property insurance 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.
Check with your independent agent to ensure that you have replacement cost coverage on your property.
Crime and Vandalism Coverage
Crime and vandalism coverage would cover you if 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 is protected:
Food Delivery Restaurants
Ice Cream Trucks
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
Either way, we'll make the process easy!