Nationwide Insurance is one of the leading insurers of Restaurants as they afford rich coverages and can include liquor liability in their general liability at an inexpensive cost. Our agency has a host of quality insurers that can write Restaurant Insurance and the right fit might depend upon the building construction or if it is located with living space above the restaurant or if liquor receipts are over 45% of gross sales to name a few.
What is important to consider in Restaurant Insurance is loss of business income and extra expense. What if a utility goes out such as power, water or gas? Your business is at the mercy of the utility company. We can help you to get paid during such events.
Restaurant owners may also engage in their own delivery service, but did you know that regular auto insurance is voided if the vehicle is being used to deliver food? Specialty coverage is needed and if you don’t have that coverage, you could be held completely liable for an accident without any defense or liability coverage. Restaurant Insurance does not cover this exposure. A separate commercial auto policy is needed in such cases.
Employees in a Restaurant are the forward-facing representatives of the Restaurant’s reputation so, what if a customer claims that they were treated improperly or discriminated against by wait staff or management? Employment Practices Liability that is often purchased in the event the employer is negligent in handling an employee can also have third party coverage for this sort of event.
Restaurants are the Spice of Life – we all love them, but we know how to protect our Restaurant Owners and how to help them to make sure that they do not have coverage gaps.