There are some risks in the food service industry, including occasional issues affecting customers or property. If you own a restaurant, tavern, bar, or food truck, invest in restaurant or bar insurance to protect your business. Tabak Insurance specializes in policies for restaurants, bars, and nightclubs. Here is more information about evaluating risks in the restaurant industry:
Customer Accidents
Daily restaurant operations in high-paced environments include some inherent risks to customers. A patron can experience bodily harm if they slip on a spill, a server spills a hot beverage on them, a plate or silverware falls on them, or if they eat undercooked food. Potential property damage includes a spill on personal electronics or clothing. Any of these incidents may put your restaurant at risk of a lawsuit.
General liability insurance covers claims that are based on personal injury and property damage. This helps protect your business and its reputation from the negative press of a lawsuit. Tabak Insurance includes general liability insurance in our restaurant and bar insurance policies. General liability can have basic liquor liability and protection for rental property damage and reputational risk.
Commercial Property Damage
Natural disasters, fire, or theft can damage both your building and equipment. This could cause business interruptions and the loss of income due to closure. Other risks include equipment malfunction, vandalism, and loss of power. This could lead to spoiled food and inventory. Commercial property insurance protects your business with named perils coverage or open perils. Named perils protect your restaurant or bar against specific incidents, while open perils cover non-specific events. Policies can cover the cost of building repairs, loss of inventory or equipment, and operational and payroll expenses during repairs.
Injured Employees
An employee could become injured on the job while working at a restaurant or tavern. Risks include burns and cuts during food preparation, injuries from appliance malfunctions, slip-and-fall accidents, or collisions with another server in the dining area, causing physical harm. Restaurant workers are also at risk of becoming ill by coming into contact with sick employees or guests.
To protect your business from personal injury lawsuits or negligence suits, invest in workers’ compensation insurance. This insurance may be required by state law, and it helps cover employees’ medical bills and lost wages while they are recovering. This protects your company’s finances, helping prevent you from going out of business. Tabak Insurance can provide information on what type of workers’ compensation is appropriate for your business and fulfills your state’s legal requirements.
Damage Caused By Intoxicated Patrons
If your restaurant or bar serves alcohol to an already intoxicated individual, you may be held liable for the customer’s actions even after they leave your restaurant. This includes personal injuries the patron experiences or causes to others while intoxicated. Possible incidents include:
- Car accidents
- Fights
- Assault
- Property damage
To mitigate the risks, train your servers to recognize signs of intoxication and underage drinking, and provide customers with access to rideshares. This can help prevent accidents that cause legal trouble. Having liquor liability insurance for alcohol-related claims helps cover medical bills and settlements.
Find Restaurant and Bar Insurance
Tabak Insurance also provides errors and omissions insurance, protecting your restaurant from negligence claims relating to inaccurate information provided by an employee. We can insure your business in 24 hours or less. To receive a quote for restaurant or bar insurance, complete our online form today.
