Restaurants are often busy, chaotic places full of things that could go wrong. With all of the money you spent on equipment and inventory to the safety of your patrons, there are a number of potentially expensive accidents or theft that can and do happen.
In this post, we are going to break down each section of restaurant insurance coverage offered by one policy from Insurance Canopy and how it applies to the restaurant industry.
An attorney’s website that deals with slip-and-fall accidents wrote about a woman who fell in a restaurant because the floor was wet and the restaurant didn’t put up a “wet floor” sign. The article states, “the victim seeks compensation on multiple counts including medical expenses, physical pain, mental anguish, disfigurement, impairment, lost wages, and court costs.”
A Michigan man who bought food at a restaurant became ill and almost died from the food because it was contaminated with E. Coli. He eventually received a settlement of $695,000 from the restaurant because they were held liable. If they didn’t have insurance then the restaurant would have had to pay for all of his expenses.
Insurance Canopy can also protect your restaurant business with additional coverage options depending upon your specific business needs. We can customize an insurance policy that includes liquor liability, commercial auto, excess liability insurance, and more.
For more information or to get an insurance quote, please click here.
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.