Risk & Restaurants

You’ve heard the saying, ” risk & reward,” what about risk & restaurant.

Owning a restaurant is a significant financial and emotional investment. According to statistics the turn around on restaurant investment is five years. That is why when a risk in the restaurant occurs it can be quite costly.  Anything from food spoilage, employee injury or fires can jeopardize your business.  We understand that each restaurant is unique has its own set of challenges and risks. This uniqueness means that a one-size-fits-all insurance policy won’t provide the protection you need.

An experienced insurance agent can help you identify the specific risks your restaurant faces and develop a policy that addresses those risks. An agent can assist you with standard coverage like property insurance and general liability.  Additionally you should consider specialized coverage.  Food spoilage insurance can protect you from the financial losses associated with power outages or equipment failures that lead to spoiled inventory. Business interruption insurance can provide financial support if your restaurant needs to close temporarily due to a covered peril. Workers’ compensation insurance is essential to cover medical expenses and lost wages for employees who are injured on the job. By customizing your insurance policy to address these and other potential issues, you can ensure your restaurant is well-protected and positioned for long-term success.

Coverages to review with your agent:

Property Insurance
General Liability Insurance
Business Interruption Insurance
Business Owners Policy
Liquor Liability
Umbrella Insurance
Workers Compensation

Schirmer Insurance Group can help you design a policy that safeguards against your business and allows you to focus on what matters, serving delicious meals to your customers.

We represent two of the top insuring companies for restaurants;