Finally, your dream of owning a restaurant has become true, but have you bought a restaurant insurance policy to cover you, your employees & your customers.
In case of certain unfortunate incidents occur which is neither unforeseen or out of your handle, then this policy will cover you. If the location of your restaurant is at a high risk for sustaining food / fire damage to your establishment. As a owner, you do not want to get financial burden for replacing items or for repairs out of pocket, at that time, this insurance can make sure that policyholder will carry the required funds to restructure his/her restaurant.
Plus, an employee may get hurt with an injury during working hours or a customer may fall seek that they claim was the result of your highest rated meal. In both the scenarios, they will take strong legal actions and demand compensation for their lost wages & medical bills. To save yourself from such situations, buying a restaurant insurance is a smart step.
Even if you are a small restaurant owner, it is even more necessary to cover yourself from several risks because never forget that you are interacting with the people on a daily basis. It covers all establishments likes pubs, cafes & fast food outlets etc.
Many types of restaurant covers are available in the market like public liability insurance. But, buy the one based on the location & size of your establishment. When customer slips and injures himself in the area of your restaurant or claims that he/she got food poisoning just because of eating your restaurant’s food, then this policy will provide compensation to pay for his medical & legal expenses along with other damages he may claim.
If you are not running the restaurant by yourself, then all you need is employer’s liability insurance for greeters, chefs, servers etc.
Just research about restaurant policies and insurance firms before finalizing coming to any conclusion.