Are You Fully Covered? Must-Haves for Restaurant Insurance

If you own a restaurant, coffee shop, or a bar, you understand that lots of accidents can happen. As a result of slippery floors, waiters and waitresses rushing around, alcohol intake, and the possibility of food spoilage, a restaurant is a hotbed for lawsuits. You most likely already have restaurant insurance, but are you absolutely sure you’re covered for everything? Have you considered the worst-case scenarios? Depending on where you’re located, you could have many dangers right at your restaurant’s doorstep. It may be time for you to re-evaluate your restaurant, coffee shop, or bar insurance policy. There are a few very basic types of insurance that no one should be running a food industry establishment without.

Food spoilage. What if a huge storm knocks out the power overnight, and by morning, all of your food is spoiled? And on that note, you would have to close the place down for a few days while you had new food brought in. Do you have business interruption insurance to cover your loss of income during that time? It also covers lost funds in the event of damage due to weather or theft.

Property insurance will cover damages when fire or other disasters strike, and general liability will pay for medical expenses if someone gets injured on the property of your restaurant, or if they get food poisoning. Workers compensation does the same, but for your employees. (This is a must.)

There are also other types of insurance you may need, especially if you cater, such as commercial auto insurance. This is just like regular auto insurance, only it covers your employees who drive and the car. Combined with other restaurant insurance policies, it’s also cheaper. And do you serve alcohol? If so, liquor liability is a very good idea. It will cover damaged property and/or injured customers if someone decides to go on a drunken rampage inside your place. This happens much more often than people realize.

Call us today if you’re interested in updating your restaurant insurance policy. After working so hard for your restaurant, coffee shop, or bar, it’s important to keep it protected. We’re CounterPoint Insurance in Bedford, New Hampshire.