Restaurant Insurance

The legal responsibilities of food and beverage service businesses are unique. On top of liability and property concerns, owners face risks related to food safety, liquor sales, etc. At Tabak Insurance, restaurateurs can get the protection they need from a company with industry expertise. We offer a variety of insurance packages to suit individual needs. Reach out today to learn more about how we can help protect your business with bar or restaurant insurance.

General liability

General liability insurance for restaurants protects business owners in the event that a third party (e.g., a customer or vendor) brings a claim against them for things like property damage, injury, negligence, and libel. This insurance type can also provide coverage for legal fees or medical expenses should the need arise. Many commercial food establishments are required to have this type of restaurant insurance policy.

Liquor liability

Liquor liability insurance protects businesses from being liable for certain actions of individuals who become intoxicated by drinking alcohol served or sold in their establishment (e.g., drunk driving). Serving alcohol carries a risk for restaurant owners, and liquor liability insurance is often required to obtain a liquor license. Actual coverage may vary by state and policy.

Property Insurance

Restaurant commercial property insurance covers losses related to income, crime, equipment damage, food contamination, certain weather, and other kinds of damage to business property. This coverage is customizable — you can choose a named perils or open perils package. Named perils will only cover specific events that are listed in the policy, while open perils will cover anything that is not specifically excluded. This can make the open perils policy more comprehensive and a beneficial choice for restaurants.

Worker’s Compensation

Workers’ compensation insurance for restaurants provides financial compensation to employees who have been injured or made ill at work. This insurance type is often a requirement for businesses that retain employees. Workers’ compensation covers lost wages and medical costs, protecting the employer from negligence lawsuits.

Business Owners Policy (BOP)

BOP insurance is an overarching policy that contains all necessary coverage types and which can be customized to suit the needs of the business. This package includes general liability, commercial property, and business interruption insurance. 

Directors and Officers (D&O)

D&O insurance protects businesses if an executive is sued individually for wrongdoing at work. They may be sued for neglect, misleading information, wrongful trading, and more. If a joint owner of a bar is sued for something he did as a bartender, D&O insurance will protect the other owner and the business itself.

Errors and Omissions (E&O)

The errors and omissions policy protects businesses against losses due to professional errors. Examples of professional errors may include inaccurate expert advice, inadequate results, or negligence. A claim that a catering company failed to perform as promised would fall under E&O coverage.

Benefits of Comprehensive Restaurant Insurance

Obtaining proper coverage for your restaurant comes with various benefits. If your restaurant has to halt operations due to damaged equipment or building infrastructure, this can lead to substantial financial losses. Restaurant and bar insurance that covers property damage will allow you to obtain compensation for building repairs and lost income. The right coverage will make sure you are protected from unforeseen events and do not have to suffer financial setbacks.

Other accidents that are out of your control may happen at your restaurant — an employee may slip and fall, your property may be robbed, or a patron may start a fight. All of these issues can be addressed with the help of liquor liability insurance, property insurance, and workers’ compensation insurance, among other policies. Contact our team for more information about the benefits of full-coverage restaurant insurance.

Seek Restaurant Business Insurance Today

The team at Tabak Insurance insurance provides our customers with reliable insurance for bars, restaurants, and nightclubs. Don’t leave anything to chance — protect your business and employees with comprehensive restaurant insurance coverage. To find the right coverage for your business needs, contact a member of our team today or fill out our online form for a quick quote.