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.