Protecting your place to eat
Owning a restaurant is exciting. The kitchen is buzzing, the oven is hot, and employees are racing through the door with trays on their shoulders. But with all of the hustle and bustle comes risk. If you own a restaurant or cafe, you’ll need to purchase the right insurance policy to protect your business from a number of risks specific to your industry.
If you have employees, and to comply with state laws, you need Workers Compensation insurance. You need protection for your space (whether leased or owned), your property and inventory. You need coverage in place in the event of an accidents involving customers and employees. If your business uses vehicles, you need Commercial Auto insurance to cover you in the event of an accident. And if you serve alcohol, you’ll want to be protected with liquor liability coverage. To save time and money, you can combine nearly all restaurant coverages you need into a single Business Owner’s Policy (BOP).
Need more information? Speak with one of our insurance experts to find the right coverage for your business.
The policies you need
Find out if a BOP is right for you
A Business Owner’s Policy (BOP) is a packaged insurance policy that contains all of the essentials most restaurants need. A BOP combines the two primary commercial coverage types – General Liability and Property Insurance – into one, affordable policy. This packaged policy covers the widest range of risks that the average business owner faces: protection from lawsuits, damage to their business space and property loss.
There are also many add-ons that can be included in a Business Owner’s Policy to protect the unique needs and risks inherent in any small business. For example, food spoilage, a coverage that can reimburse you for the cost of your lost food and beverages due to a power outage, equipment breakdown or other scenarios, can be added to a BOP.