Owning a restaurant is tough business.  According to research done at Ohio State University 61% or 3 out of every 5 restaurants fail in the first three years.  From managing cash-flow, to health inspections, to obtaining key personnel, to marketing the business, restaurant owners are run ragged from daily operations. 

Unfortunately, the hectic nature of owning a restaurant, drives many restaurant owners to purchase the cheapest and easiest insurance policy offered by the first agent they meet. 

What happens to the restaurant owner’s ability to juggle daily operations when they must appear in court to defend an insurance claim? 

What will happen to cash-flow when the restaurant owner is forced to pay for a claim not covered by a standard insurance policy? 

The Unfortunate Answer to Both These Questions is The Restaurant Fails… 

I DO NOT want this to be Your Restaurant! 

So what can you, as a restaurant owner, do to protect your business and livelihood? First and foremost, when it comes to insurance you do not skimp or cut-corners. 

Second, make sure that the insurance professional you deal has experience with restaurants and food services (this includes catering).  Restaurants are a very unique risk with some very significant insurance exposures.  Below are a list of articles that should help you to understand the coverages crucial to protecting your business. 

“If you’d like to talk about your Insurance Risk, contact me today. We can talk about your exposure, and begin our relationship!” 

Liquor Liability 

Worker’s Compensation 

General Liability & Property 

Automobile Liability 

Business Continuation 

Catering Specific Coverages & Risks
 

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