Restaurant Insurance

Customized insurance solutions for your needs
Owning a restaurant means your establishment feeds potentially hundreds of mouths a day. While you and your restaurant staff take the necessary precautions, occasionally situations arise that you cannot prepare for. For events and situations you can’t anticipate, rely on insurance to have your back covered. There are five main types of insurance any restaurant should consider purchasing:

Commercial Property Insurance

Starting a restaurant costs tens of thousands of dollars. In the event of a natural disaster, fire or explosion, you could see your hard work literally go up in flames. Take away the constant impending financial stress with commercial property insurance. Obtaining a commercial property insurance policy covers damage costs in the event of a fire, explosion and criminal activity, as well as specific risks your unique restaurant is faced with. Speak with your isure broker about your property’s specific risks and how you can get them covered instantly.

Food Contamination Insurance

When food spoils as a result of an event, like a power outage or long-term closure, it cannot be served to guests. Thanks to the natural bacteria and parasites that develop due to food contamination, potentially thousands of dollars in food will be wasted. Rather than facing the devastating loss yourself, charges could be covered by a food contamination policy.

Food Contamination Insurance

When food spoils as a result of an event, like a power outage or long-term closure, it cannot be served to guests. Thanks to the natural bacteria and parasites that develop due to food contamination, potentially thousands of dollars in food will be wasted. Rather than facing the devastating loss yourself, charges could be covered by a food contamination policy.

Business Interruption Insurance

In the event your restaurant needs to close its doors as a result of an unexpected event such as a fire or more relevantly, the COVID-19 pandemic, your revenue could be completely or partially subsidized with business interruption insurance. Depending on your specific policy coverage, business interruption insurance covers your revenue, wages and management costs. Business interruption insurance is only active if it was purchased before the closure, and as we have seen this year in particular, it’s never a bad idea to be extra prepared for anything that can happen unexpectedly.

Commercial General Liability

Investing in a commercial general liability insurance policy can prove extremely useful in your restaurant. With the amount of food and beverages flowing constantly through your restaurant, spills are inevitable. In the event that a customer slips on a spill, your restaurant could be faced with a liability lawsuit. Cover those potentially expensive settlements and legal fees with a comprehensive general liability policy.

Commercial General Liability

Investing in a commercial general liability insurance policy can prove extremely useful in your restaurant. With the amount of food and beverages flowing constantly through your restaurant, spills are inevitable. In the event that a customer slips on a spill, your restaurant could be faced with a liability lawsuit. Cover those potentially expensive settlements and legal fees with a comprehensive general liability policy.

Alcohol Liability Insurance

If your restaurant serves alcoholic beverages to customers, you need alcohol liability insurance. If a customer you served gets too inebriated and falls into an expensive plant outside the neighbouring restaurant, insurance may be able to cover the replacement costs. Alcohol liability insurance covers costs associated with negligent actions due to intoxication resulting from drinks served at your establishment.

To find out more information about the different types of coverage for your restaurant or how you can bundle your policies, speak with an isure insurance broker today!





    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.