A Recipe For Success
Hot surfaces, sharp knives, foodborne illnesses, patrons coming and going on a daily basis are some of the risks restaurants face every day. Restaurant owners face a multitude of risks that are specific to your industry. And that’s in addition to the typical concerns smallest businesses must prepare for like property damage to your premises or loss of important customer, vendor, or employee files and records.
Restaurants accounted for about 45% of the total dollars spent on food, and 45% of adults said restaurants are part of their daily life. This is good news for the restaurant industry because it means that there are a lot of people dining in restaurants. Unfortunately, this also means that there is an increase in the possibility of claims against restaurants.
If you own a restaurant, it will be important to have the proper restaurant insurance to keep your restaurant open should the unthinkable happen. If your restaurant, bakery, catering service, or tavern is going to have staying power, you have to build a plan for managing potential pitfalls, and that includes insurance.
Here are few of the kinds of insurance coverage your hospitality business needs to consider:
- Property Insurance
- Liquor Liability
- General Liability
- Worker’s Compensation
- Business Income Food Spoilage
- Employment Practices Liability
- Cyber Liability
- Food Borne Illness Coverage
Without insurance, you would have to pay all court costs and fines out of pocket in the event that someone files a lawsuit over an injury they sustained at your establishment.
As a locally owned and operated insurance agency in Sonoma, California, North Bay Insurance Brokers is committed to providing quality insurance products for individuals and businesses. We combine our strong insurance background and product knowledge to assist both current and future clients in managing and planning for all types of risk.