There are many types of exposures for restaurants which can make it difficult to know that you have the right coverages.
Do you have the right coverage?
Meadowbrook Insurance Agency can help you select the coverage you need for your business.
Available coverages include:
- Liquor Liability
- Hired/Non-Owned Auto
- Cyber Liability
- General Liability
- Employment Practices Liability
- Food Spoilage
- Workers’ Compensation
- Umbrella/Excess Liability
What type of business should have Liquor Liability?
For any business that sells or serves alcoholic beverages, it is imperative to have a Liquor Liability insurance policy. While General Liability policies may provide protection related to the incidental service of alcohol, a Liquor Liability policy protects you should clients or patrons sue your business for damages related to their intoxication, even when they leave the premises. Establishments would include restaurants, bars, catering companies, and entertainment venues.
Examples when a Liquor Liability Coverage would be needed:
- A patron slips and falls because they had too much to drink, resulting in a broken ankle. A Liquor Liability policy may provide coverage.
- Someone left your establishment after having too much to drink. On their way home they crashed into another car and caused serious injuries to themselves and the other passengers. The Liquor Liability policy can help pay for legal fees arising from a lawsuit against your business up to the coverage amount.
What is Food Spoilage Insurance?
Food Spoilage coverage is a type of insurance policy that reimburses you for the cost of your lost food and beverages due to events such as a prolonged power outage, equipment breakdown or failure, and mechanical breakdown. Protecting your businesses food inventory with food spoilage coverage is a relatively inexpensive solution before a loss occurs.
The Meadowbrook Difference
The professionals at Meadowbrook Insurance Agency will design an insurance program tailored to your specific business. This is followed up with exceptional client service throughout the year including insurance guidance, risk management and safety programs, as well as workers’ compensation and mod analysis at no extra cost.