Restaurant Insurance:

With thousands of restaurants in Middle Tennessee, the need for restaurant insurance is higher than ever.

Restaurant owners and manager have much to consider when selecting their insurance portfolios. Determining the precise types and amounts of coverage needed can be a complex task. At Montgomery and Associates Insurance, our agents have significant experience in assessing risk and need in the food service industry. Location, building structure, seating capacity, number of employees, customer volume and equipment owned are all factors that help deter-mine the optimal coverage needed.

Types of Food Businesses that Need Restaurant Insurance

So far, we have focused on the need for restaurant insurance for owners of restaurants. Additionally, other food services and food related industries should secure some type of restaurant insurance.

Food Related Businesses Who Need Restaurant Insurance

Nashville Chinese Restaurant Owner Interview

• Bars and Lounges
• Food Trucks (Nashville has our fair share of food trucks!)
• Café’s
• Coffee Houses
• Catering Companies
• Fast Food Restaurants
• Online Food Suppliers
• Home-based bakeries
• Fine Dining Establishments
• Diners
• Sports Facilities with Concession Stands

Restaurant Property Insurance

This insurance provides financial protection in the event that the restaurant’s property (either its building structure or contents) is destroyed or damaged from a cause such as a fire or theft. Property insurance can offer be covered under a business owner’s policy often referred to as a BOP.

Business Continuation

This insurance can be an important part of a business continuity plan. It protects the restaurant in the event of a forced business shutdown and can include financial assistance for relocating your food establishment.

Food Spoilage Insurance Coverage

This insurance provides protection against perishable food loss due to a change in the controlled environment such as a power loss or equipment malfunctions. Perishable food includes items such as meat, fruit, and vegetables.

Employee Theft

This insurance protects you from financial theft from an employee or volunteer. Other theft risk is often covered under a restaurant’s property insurance or business owner policy.

General Liability

This insurance protects the restaurant against lawsuit related to food illnesses, injuries (slip and fall), and damage to others’ property.

Employment Practices Liability Insurance

This insurance protects your food establishment from employee claims of sexual harassment, discrimination, and other employee related lawsuits and claims.

Equipment Failure Insurance

This insurance provides coverage to assist with the expense to repair restaurant equipment such as ice machines, refrigeration equipment, and commercial ranges.

Workers Compensation

This insurance covers the restaurant when employees suffer injuries or illnesses or even death. This coverage pays for expenses such as medical bills and lost income when an employee is hurt while at work.

Liquor Liability Insurance

This insurance helps protect your food establishment from liquor related lawsuits such as when someone is injured or incurs property damage as a result of alcohol consumed by a customer at your establishment.

It is often recommended that restaurants secure a comprehensive policy that covers the major risks under one policy.

Have a question about restaurant insurance? We are here to help.

Call our Franklin office at (615) 829-8457