A restaurant insurance policy typically includes some combination of the following coverages:
General liability insurance may help cover a company’s legal liability after accidental third-party property damage or bodily injury.
Property insurance may offer financial protection if a restaurant’s property is ruined or damaged in an insurable event, such as a fire or theft.
Liquor liability insurance may pay legal expenses and claims brought on by customers injured by an individual who was drinking at your establishment.
Workers’ compensation insurance may help provide replacement income and medical benefits to employees injured or ill due to a work-related incident.
Business interruption insurance may provide ongoing income if your business is forced to shut down or cover costs for relocating your restaurant temporarily.
Equipment breakdown coverage may cover the cost of repairing equipment that has broken down for reasons other than improper maintenance.
Spoilage coverage may provide payment if a power outage or equipment malfunction causes perishable food to spoil.