A Short Guide To Restaurant Insurance

If you own and run a restaurant, it is important to make sure you have all the necessary protection measures in place. A big part of this is having the right insurance coverage.  Restaurant package insurance, otherwise known as a restaurant business owners’ policy, can give you many types of insurance to ensure all your bases are covered.

Liability Insurance

All restaurants need liability insurance to cover any possible legal claims. These claims are often made regarding bodily injury (slips and falls) or property damage claims.

However, there are also other liability risks you should consider. You may need product liability to protect yourself from foodborne illness related claims. If your restaurant serves alcohol, liquor liability insurance can protect you from alcohol-related claims. Finally, employment practices liability insurance can cover you against any claims made against you by your employees.

Commercial Property Insurance

Protecting your restaurant’s property is the other big piece of the insurance equation.  There are many types of property insurance for restaurants. Some of the more common types of property coverage are:

  • Sewer coverage
  • Business income coverage
  • Utility interruption coverage
  • Spoilage coverage
  • Equipment breakdown coverage
  • Employee theft coverage

Running a restaurant comes with a certain amount of risk. Having the right insurance coverage can make all the difference.