As a restaurant owner, you have many of the same risks that most other small businesses have, but also a few unique ones. Having the right insurance is essential for protecting your business and ensuring its continuity regardless of what may come your way. At Ozark Legacy Insurance Partners, our team understands the types of risk vulnerabilities you face as a restaurant owner. We work hard to build custom restaurant insurance packages that meet you right where you are, setting the foundation for a strong financial future.
We serve many types of restaurants and taverns, including:
- Coffee shops
- Bakeries
- Full-service restaurants
- Fast-food
- Catering services
- Bars, taverns and pubs
A lot can go wrong when you own a restaurant. An employee could accidentally spill hot coffee on a customer, your restaurant could catch on fire, or you might be responsible for serving patrons contaminated food. Whatever happens, it helps to know your insurance has you covered for nearly any possibility.
Types of Restaurant Insurance Coverage
There are many types of coverage included in most restaurant insurance policies. Some of these include:
Liability Insurance
General liability takes care of any injuries or property damages caused to a guest while on your property. However, your liability insurance needs may extend beyond general liability. You should also talk with your agent about liability protection for food-borne illnesses and employment practices. If you own a bar, pub, or tavern, you may also need liability protection for any bar games you have, such as darts.
Liquor Liability
If you sell alcohol at your establishment, this type of coverage can help cover you for complications of having intoxicated guests on your property, such as property damage or assault and battery.
Workers Compensation
If an employee is injured on the job, your workers compensation pays for lost wages, medical bills, and rehabilitative costs. This allows the employee to properly recover and also safeguards you against a workplace lawsuit.
Property Insurance
Your restaurant’s livelihood depends on the health of your property. If a fire, theft, inclement weather, or other covered event causes damage, property insurance pays to repair or rebuild your business. We can offer coverage for your kitchen equipment, glass, outdoor signage, seating area, and more.
Commercial Vehicle Insurance
If your restaurant provides delivery or catering services, you need commercial vehicle insurance to cover your vehicles, drivers, and yourself against any accidents or potential liability.
Food Spoilage
You always keep perishable foods on hand. With such a short shelf life, it can be very costly to throw away bad food. We have policies that can reimburse you for the cost of your lost food and beverages due to a covered event, such as a prolonged power outage or a mechanic breakdown in your kitchen equipment.
Equipment Breakdown Coverage
Restaurant equipment can be very expensive to replace. This type of coverage can cover damages to your mechanical, electrical, and kitchen equipment if it is damaged due to human error or another covered event, such as a power surge.
Commercial Umbrella Insurance
Commercial umbrella insurance takes the guesswork out of your liability protection. One major lawsuit could be enough to shut down a restaurant if your financial liability exceeds the limits on your primary policy. In that case, umbrella insurance can provide an extra layer of protection with millions of dollars in additional liability coverage.
Restaurant and Tavern Insurance in Missouri
If you own a restaurant or tavern in Missouri, let our team build an insurance package that fits your needs. Contact us today to speak with an independent agent and request your quotes.
