Restaurants face increased risks in certain areas depending on the specific business model they operate under. It is crucial that anyone managing a food service establishment understand those risks and how to manage them. Research into what liabilities are covered with restaurant insurance shows that the right insurance package can offer protection and help manage risks such as these.
SAfe food handling and storage can prevent many types of food-borne illnesses. However, someone may still get sick after eating at your restaurant. Any liability insurance should offer protection in the case of a claim.
All sorts of equipment and machinery can lead to severe injuries in a commercial kitchen. In addition to a liability policy, restaurants should carry workers’ comp coverage to help offset costs associated with work-related injuries.
Fire and Smoke Damage
Ovens, fryers, grills, and cooktops are all potential sources of fire and smoke. While some can be contained, others are capable of destroying entire buildings. Without the right restaurant insurance, a fire could easily lead to catastrophic losses.
Improper Licensing and Permits
All food service establishments need to have proper permits and licenses in place to operate. The sale of alcohol adds another layer to the equation. Restaurant insurers are aware of the necessary steps to take and can help you develop a risk management plan to ensure proper operational procedures are followed.
Restaurants face many risks, but many of those liabilities are covered with the right restaurant insurance.