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Restaurant Insurance Cost

table at a restaurant with wine
While restaurant insurance comes with a cost, the benefit of having insurance definitely outweighs it. You know how busy the restaurant industry can be. You’ve probably wondered at some point: What if a customer slips at my restaurant? What would I do? Sometimes an apology won’t cut it and restaurants are pulled into lawsuits. You work with people.

Did you know the National Floor Safety Institute estimates a slip-and-fall lawsuit is $50,000 and the average judgment awarded in cases that go to trial is $100,000?

Other than general liability, what else can restaurant insurance cover? Here are a few coverages we can add, along with general liability, into your plan:

Commercial Auto: This provides coverage for automobiles used for business purposes. Personal auto insurance may not cover your restaurant vehicle.

Commercial Property: This provides coverage for commercial property damages, such as fire. If your restaurant building sustains fire damage, you could be covered for the loss of property.

Food Spoilage: This provides coverage for spoiled food due to unforeseen circumstances, such as a power outage. For example, if your refrigeration system experienced a power outage overnight and spoiled a week’s worth of food, your insurance can cover the costs to replace it.

*Claim scenario circumstances vary in nature and similar claims do not guarantee coverage. Why should I insure my restaurant with Insurance Canopy?

You can complete your application online.

We customize insurance plans to fit your needs.

Can I get a restaurant insurance quote?

Absolutely. You can request a quote here.

Thank you for taking the time to consider Insurance Canopy. If you have any questions, please don’t hesitate to contact us! We are here to help you. *All policies have conditions, limitations and exclusions, please read the policy for exact verbiage. Claim scenario circumstances vary in nature and similar claims do not guarantee coverage.

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