In a recent blog post, we looked at how restaurants may have different commercial insurance needs over time because of changes in size, business assets, and employee rosters. Today we continue on the same theme of restaurant insurance by looking at other liability exposures that are more prevalent in the restaurant industry, and how the right kind of coverage can help mitigate these risks.

Liquor Liability

Alcohol sales can significantly increase a restaurant's bottom line, but they can also significantly increase a restaurant's liability exposure. If a restaurant sells any type of alcoholic beverages, whether it's beer, wine, or drinks from a full-service bar, Liquor Liability Coverage is important to have. This insurance coverage protects against liability claims that stem from liquor-induced fights and injuries, drunk driving accidents, alcohol poisoning, and the legal fees and judgments that may result.

Injury and Accident Liability

One of the dangers that comes with owning a restaurant or bar is that there is a higher risk of injuries from accidents, such as slips and falls, and from fights and physical confrontations. Restaurant owners can be held liable if a slip and fall was caused by poor maintenance, whether in the dining area, restrooms, or parking lot. In addition, a restaurant or bar could also be held accountable if patrons are assaulted or injured in a physical altercation with another guest or employee. Restaurant and bar owners need to ensure that they have General Liability coverage to protect against these types of accidents and injuries that could damage the future of their business.

Umbrella Insurance

Finally, when a business faces a major liability issue, the resulting judgment, settlement, court costs, and attorney fees might far exceed the coverage provided by a standard General Liability policy. As a result, Umbrella or Excess Liability Insurance may be beneficial to restaurant owners as well. Umbrella Insurance acts as another form of business protection to keep companies from going under due to a single court case or liability claim.

Aegis Insurance & Financial Services is proud to be a leader in providing top quality Restaurant Insurance solutions to restaurants, cafes, delis, and bakeries across Texas. Our friendly team of agents has extensive experience with the restaurant industry and can provide a customized Restaurant Insurance package that meets your restaurant's unique business needs. Contact Aegis at 713-850-7622 for more information, or fill out our online form to request a free quote!