By combining three basic insurance coverages that are important to almost every small business, including restaurants, a Business Owner’s Policy can help cut the cost of your insurance rates while helping protect the restaurant business you’ve worked so hard to create.
- General Liability– helps protect your restaurant from certain lawsuits alleging injuries or property damage that occurred as the result of your business operations. For example if a patron trips and is injured while walking in your restaurant, or a server spills food and ruins a patron’s jacket. It even helps cover certain claims of slander and libel against restaurant owners. Business Liability insurance does not cover liabilities directly arising out of the professional services your restaurant may provide.
- Commercial Property– helps cover the physical location of your restaurant and the tools used for running your restaurant business, like ovens, stove tops, plates, and utensils – whether you own or lease them.
- Business Income– helps cover the loss of income when you can’t run your restaurant or food business because of covered property damage.