Looking for Restaurant Insurance in Georgia?
We’ve got you covered! Owners Heath and Julie Patterson have decades of restaurant insurance experience. Heath has been insuring restaurants for over 15 years. Julie grew up working in restaurants and even sold to restaurants when she worked for Sysco and Performance Food Group (PFG). Indyrisk™ Insurance Advisors is a member of the Georgia Restaurant Association (GRA). We have the carriers to ensure restaurant owners have the best coverage at the best price.
Owning your own restaurant is hard enough as it is between the schedule management, staff coming down with the mysterious sickness of the quarter, and especially unhappy customers.
Sadly we can’t resolve the issues listed above, but we can resolve an issue you might not have even thought of yet.
Liability Coverage for Your Restaurant
Picture this: you have a customer who specifically lets you know of a food allergy that must be avoided. Your kitchen staff, not paying attention, accidentally contaminates their meal with said food allergy.
Not only does your customer suffer from an extreme allergic reaction but you are now wide open to a potential lawsuit.
See, things like this happen every day in our world. Although they might not happen every day in yours, our job is to make sure you are protected from the “what if”.
Restaurant Liability Policy Components
There are multiple components that make up a solid restaurant insurance policy. Some insurance companies may offer these as a bundle while others offer them a la carte.
General Liability Insurance is a Crucial Component of Restaurant Insurance
General liability is crucial insurance coverage for restaurants. One of the most prevalent claims for restaurants is a slip-and-fall. If you own a restaurant, you must have sufficient general liability coverage in your business owner’s policy. This coverage is going to protect you from a variety of potential claims. Some of these examples can be bodily injury (like a slip-and-fall), property damage, personal injury, and others that can potentially come up if you are found negligent.
Workers Compensation Coverage
Workers’ compensation protects your employees. In most states, like Georgia, you must have workers’ compensation insurance if you have 3 or more employees. It is a state-mandated requirement. Workers’ compensation (otherwise known as workers’ comp) is strictly designed to ensure payment by employers for some portion of the cost of an injury to an employee. Some examples are:
- Work-related injuries
- Accidents or repetitive motion injuries
- Disease caused by the work environment
In most cases an incident would need to take place while the employee is at the place of employment, however, it would be best to discuss with your local independent insurance agent on more of a case-by-case basis.
Loss of Income Insurance
What happens in the event you are unable to open your restaurant due to a claim? In most cases this would cause a major hardship for you as a business owner. You wouldn’t be able to serve your customers which in turn means no income coming in.
This is where loss of income insurance is imperative. This coverage would allow you to have a backup plan in the event you were unable to generate an income due to a covered loss.
This type of insurance covers damage to your building, inventory, or equipment. Most policies would offer you replacement cost coverage for these items so you would be able to repair or replace these items for today’s cost.
It is important to check with your independent insurance agent to make sure you have adequate property damage coverage, including replacement cost coverage. This is especially true as your business grows.
Crime and Vandalism Coverage
This would cover you in the event you had a claim due to a burglary, robbery, employee theft, or any vandalism to the property.
Here are a few examples of clients we work with to make sure their business is protected:
- Local Restaurants
- Food Trucks
- Catering Companies
- Food Delivery Restaurants
- Ice Cream Trucks
- Local Diners
The list can go on and on. Liquor liability, employment practice liability, spoilage, and many more coverages are crucial for restaurants.
So how do you know if a restaurant liability policy is a good fit for your business?
We always recommend you call a local independent insurance agent like us and discuss your coverage options. Our agency can work with you in finding the perfect fit for your restaurant insurance needs.
How to Get Started
Either way, we’ll make the process easy!