RESTAURANT

RISK EXPERTISE

Hot surfaces. Sharp knives. Foodborne illnesses. Patrons coming and going on a daily basis. Restaurant owners face a multitude of risks that are specific to your industry. We have helped protect countless restaurants for decades. We analyze your unique circumstances and design a customized risk management and insurance plan for your needs

FAQ

Do restaurants need insurance?

 Yes, restaurants have a lot to protect.  They need insurance to protect their property, equipment, employees, vehicles, as well as third party liabilities.

What are some notable risks facing restaurants?

• Employee Injury: Restaurants need to protect themselves for the costs associated with employee injury due to slips and falls, puncture wound, and burns.  It is important to train employees on best practices with regards to workplace safety.
• General Liability: Risk can be high for restaurants due to public access to the premises.  Servers move throughout the premises generating spills.  Temperatures of beverages and food ingredients should be monitored.  Serving liquor increases exposure and all servers should be properly trained.  Good housekeeping is critical.
• Property Damage: Combustibility due to the use of cooking equipment, wiring, and HVAC pose a risk for restaurants.  All cooking equipment should proper automatic fire extinguishing protection.  The kitchen should be kept clean and grease free to prevent the spread of fire.

Which insurance coverages are needed for restaurants?

Insurance coverages needed for restaurants include (but not limited to) Workers Compensation, General Liability, Property, Business Income and Extra Expense, Equipment Breakdown, Employee Dishonesty, Liquor Liability, Umbrella, Employment Practices Liability, and Hired and Non-owned Auto.

How much does insurance cost for restaurants?

Insurance premiums for restaurants will vary based upon several factors.  Each policy is rated on different exposures which may include payroll, revenue, property value, location, driving record, claims history, among others.

How do I purchase restaurant insurance?

Biscayne Risk & Insurance Group can help guide you through the insurance buying process.  Contact us at 561.571.1001, quotes@biscaynerisk.com, or via the contact form below.