Restaurant Insurance in Vermont

WHAT IS IT? WHO NEEDS IT? COVERAGES OFFERED

Restaurant insurance policies are specialized commercial insurance policies that, as their name indicates, are specifically designed for restaurants.

Most restaurants in Vermont can benefit from getting a restaurant policy. Few (if any) restaurants are free from risk, and this is usually the best coverage option for dining establishments.

• Food Contamination Coverage
• Commercial Auto Coverage
• Liquor Liability Coverage

What is Restaurant Insurance?

Restaurateurs invest a lot of time and money in their businesses, and those investments should be protected. Restaurant insurance helps restaurant owners in Vermont safeguard their establishments from a range of potential perils.

Restaurant insurance policies are specialized commercial insurance policies that, as their name indicates, are specifically designed for restaurants. Most policies include multiple coverages that create a web of protection against many different risks.

What Coverages Are Included in Restaurant Policies?

While the exact mixture of coverages offered in restaurant policies can vary, there are many coverages that lots of policies offer as either standard or optional protections. Some of the coverages that a policy might offer include:

General Liability Coverage, which may cover certain lawsuits and common accidents
Commercial Property Coverage, which may cover building and/or equipment a restaurant owns
Tenants Betterment Coverage, which may cover improvements that restaurants make to a leased space
Food Contamination Coverage, which may cover ingredients and foods a restaurant has in stock
Commercial Auto Coverage, which restaurants that own catering vehicles or food trucks might need
Liquor Liability Coverage, which restaurants that serve alcohol might need
Umbrella Liability Coverage, which may offer supplemental protection against some lawsuits

These are just some of the various property insurance and restaurant liability insurance coverages that a restaurant policy might include.

What Vermont Restaurants Need a Restaurant Policy?

Most restaurants in Vermont can benefit from getting a restaurant policy. Few (if any) restaurants are free from risk, and this is usually the best coverage option for dining establishments.

Bars, caterers and food trucks frequently also need coverage, but their coverage needs are often slightly different from traditional restaurants’ needs. A different type of policy, such as a craft brewery policy, catering policy or food truck policy, might be more appropriate for other businesses in the food service industry.

Any business owners who are unsure of whether a restaurant liability insurance or other insurance policy would be better for their business should speak with an insurance agent who specializes in this type of insurance and can explain the different types of policies that are available in detail.

Mike Bancroft is simply an amazing agent. When my business got burglarized, I was so upset and didn't know what to do. I contacted Mike and he was very prompt in calling me back and he put my mind at ease. He made me feel so much better and handled all of the paperwork immediately. His customer service is top notch and I highly recommend him to be your insurance agent!

Becci Kepnes-Letourneau

Our business was with the same trusted agent for over 20 years. Mike Bancroft offered to evaluate our policies and see if he could save us some money on both Workmen's Comp and general liability. He did, and in the process even moved us to better coverage. Mike also offers a superb quality of service. Cannot recommend highly enough.

StoryWorkz Creative

Mike Bancroft has been great to work with. He has assisted with my Business Auto, Tool Coverage, Homeowners and all other types of insurance needs. I wouldn't be surprised if they change their name to Paige, Campbell & Bancroft soon!

Lance Garrett

Extremely prompt, personable, and professional service! Despite only needing a workers' comp policy for one employee, Paige & Campbell was very receptive and ensured to shop my policy around to ensure I received a great price that was almost half of what another broker quoted me.

Jennifer L.

How Much Do Restaurant Policies Cost?

Restaurant policies’ premiums are based on many different factors and therefore, range in price. Some of the items that insurers often consider when calculating rates for policies are:

Where a restaurant’s facilities are located
How large a restaurant’s kitchen and seating area are
How many patrons a restaurant serves annually
Whether a restaurant offers adult beverages
What restaurant property insurance and restaurant liability insurance limits are chosen

While rates range, getting coverage is almost always more affordable than facing a major claim with no protection in place.

How Long Does Getting a Restaurant Policy Take?

Purchasing a restaurant policy is normally a fairly quick process, but insurance companies sometimes do need additional information that prolongs the process slightly.

Working with an independent insurance agent who specializes in this type of insurance can help the process go smoothly. Should anything come up that might delay the process, an experienced agent will know how to address the issue and expedite everything as much as possible.

How Can Vermont Restaurateurs Get Restaurant Insurance?

For help finding restaurant insurance, contact Paige & Campbell Insurance. Our team of independent agents has helped many restaurants in Vermont find a policy that suits their needs, and we’d be happy to assist you. Our agents are able to compare policies from different insurance companies in the state, and they have the expertise needed to help you identify the policy that offers the best coverage.