Restaurant Insurance Information
As a restaurant owner, you face various risks inherent to the industry. From working in the kitchen to serving food to customers, several exposures are present. Securing insurance for your establishment can help provide protection against the financial losses that may arise from these hazards. The agents at G&H Financial Insurance can work with you to find the best coverages and customize your insurance plan for your needs.
What Types of Restaurants Can You Cover?
From family-owned restaurants to the national franchise, we provide coverage for a variety of restaurant types including:
- Company or franchise-owned restaurants
- Coffee shops
- Deli's and sandwich shops
- Family, casual or fine dinning restaurants
- Fast casual or quick-service restaurants
- Ice cream and frozen yogurt shops
- Independently owned or chain restaurants
- Pizzerias and pizza delivery restaurants
What Does Restaurant Insurance Cover?
Several coverages are available to protect your business from the various risks that are a part of operating a restaurant, including:
Commercial property insurance—If your business’s property is damaged due to covered events such as fires, theft or vandalism, this coverage may protect against those losses.
Business interruption insurance—If a covered event (e.g., fire) temporarily closes your restaurant, this coverage may help pay for operating expenses such as taxes and wages during the shutdown.
Workers’ compensation insurance—This coverage may provide medical expenses and wage replacement to your employees if they suffer a work-related injury or illness.
Additionally, other coverages may be available, including:
Commercial auto insurance
Liquor liability insurance
Food spoilage or contamination coverage
Cyber liability insurance
Employment practices liability
The professionals G&H Financial Insurance can discuss these options and provide specifics, limits and exclusions. We can work with you to tailor your insurance policies to meet your restaurant’s unique needs.
How Much Does Restaurant Insurance Cost?
Numerous factors influence the costs of restaurant insurance policies. For example, the size and location of your business, your history of insurance claims, and your selected limits may all play a role in your premiums.
G&H Financial Insurance can work with you to find the coverages you need at the best value. Contact us today at 877-868-8063 or visit our website for more information.
Helpful Risk Management Resources: