Running a restaurant is rewarding, but it comes with many risks. A single incident, like a guest injury or employee issue, can cost thousands of dollars and even jeopardize your business. That’s why having the right Business Insurance coverage is essential.
For decades, Aegis Insurance & Financial Services has provided insurance solutions for hundreds of restaurants and chains across the country, so we have first-hand expertise in this industry. Our Restaurant Insurance 101 guide covers the main types of protection every restaurant needs to operate safely and confidently.
This policy protects your restaurant if a guest is injured or property is damaged on your premises. It covers medical bills, legal fees, and court settlements.
Example: A guest slips on a wet floor and breaks their arm. General Liability helps cover their medical costs and any legal claims they might file against your business for damages.
If you serve alcohol, this coverage protects your business if an intoxicated guest later causes injury or property damage.
Example: Your guest has too many drinks and later causes a car accident. Liquor Liability Insurance helps cover legal fees and settlements related to the accident.
This insurance protects your employees who get injured or sick on the job, paying for their medical bills and lost wages.
Example: A line cook burns their hand, or a server slips carrying food. Workers’ Compensation coverage ensures they get treatment while protecting your business.
Protects your food and beverage inventory if it’s lost due to power outages, equipment failure, or contamination.
Example: If your primary refrigerator breaks down, you’ll likely lose thousands of dollars in spoiled food, but a Food Spoilage & Contamination policy will help replace it.
This coverage protects your restaurant from claims by employees, such as discrimination, harassment, or wrongful termination.
Example: If an employee files a lawsuit alleging unfair treatment, an EPLI policy helps cover legal fees to defend your business or any settlement costs you may owe.
The policy covers losses from data breaches, ransomware attacks, or stolen guest payment information.
Example: A hacker accesses your POS system and compromises all your guest credit card data. Cyber Liability insurance helps cover costs to notify guests, defend claims, and restore systems.
Restaurants operate in a high-risk environment, where accidents, lawsuits, and unexpected losses can happen even with the best precautions. The right Restaurant Insurance package helps you:
At Aegis, we specialize in Restaurant Insurance, offering tailored packages that combine all the commercial policies your business needs, so you can operate with confidence and peace of mind.
Call us at 713-850-7622 or fill out our online form to request a consultation today.
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