Restaurant Insurance
Let's say you're a restaurateur and you're having a horrible
week; first your chef cut himself in preparation, then your refrigerator
died, and all the cold-stored food was ruined. Then one of your delivery
kids gets into an accident while making a delivery, and the insurance
company comes after you. All these possibilities would cover restaurants.
- Chef; employees' coverage
- The refrigerator; equipment failure insurance
- Food; coverage spoilage
- Driver; unowned auto coverage.
There's plenty more. Which restaurant styles are you? There are specific
forms of foodservice coverage: do you have table service, and if so, are
you just a fine restaurant or casual? You fast-food? Are you a buffet,
cafeteria, smorgasbord, or some? If you give takeout, do you deliver?
If you're a bar or nightclub, that's another category with its
collection of risks and coverage.
The country club, mall/shopping, or sandwich bar. It makes a difference
in your insurance plan and can also affect your worker's compensation
class code. Depending on what your restaurant provides, coverage will
vary greatly. Full bar, wine, and beer? Entertainment, a dance floor?
Are you catering? Looking for meetings, banquets, or private parties?
If you have activities off-site or are you a promoter? That's another
coverage form. You have parking, and if so, have a valet? You, or a subcontractor?
Do they protect you if someone or something hurts on your property? How's
your system ANSUL? Covers your deep fryer? Can your fish tank leak and
injure or damage a customer?
Do you have a coat check, entertainer equipment storage, or other property
of others? Are you ADA-compliant or open to lawsuits? Here are several
other coverages you may need: on-site liability, product liability if
your food poisons anyone or claims to do so, on-site coverage for your
fixtures, on-site content if you own the building or are on a triple-net
contract, ads, and rented land.
This is another case where an investigator uses a checklist. Too many chances
to leave something out.
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