Restaurant Insurance Coverage That Pay For Kitchen Damages.
The kitchen is the heart of any restaurant and it is crucial to keep it secure with an ideal restaurant insurance.
Read more to find which coverages in your policy will keep your kitchen secured.
The prime focus of any Insurance Policy should be to secure the risks that occur in the kitchen. A non-functional kitchen will disrupt your business and put you at a higher risk.
Below are few coverages that will ensure that your kitchen damages are taken care of.
Property Coverage –
Any restaurant kitchen can be majorly exposed to property damages. These damages can occur from a fire accident, water leakage, grease or oil spills, or even theft and vandalism. Damage costs leading from such events are likely to burn a hole in your pocket.
Furthermore, it may also result in disruptions in day-to-day operations. The Property Coverage in your restaurant insurance policy will pay for fixing this damage and help you run your restaurant smoothly.
General Liability Coverage –
This coverage plays an important role when it comes to accidents that may occur in the kitchen area. As we already mentioned, the kitchen is the busiest part of a restaurant. And, accidents like slips, falls, burns or trips are quite common.
These third-party medical claims can add up to your regular expense and hinder the flow of the business. The General Liability Coverage pays for any such claims and keeps you away from the stress.
Spoilage Coverage –
Food spoilage is another common damage that may occur at any restaurant. There are plenty of reasons for the stored food to get spoiled. Sometimes a great deal of inventory is lost to spoilage due to equipment malfunction.
These costs are high to bear too, but not if you have the Spoilage Coverage in your Restaurant Insurance Cost.
Equipment Breakdown Coverage –
The kitchen is heavily loaded with useful equipment. Many restaurants use machines like steamers, refrigerators, boilers, ovens, food warmers, or more. These machines are expensive and cost a lot for repair and maintenance. You would not want to pay from your pocket for such equipment. This is why you need Equipment Breakdown Coverage.
Bottom Line –
It is essential that you consider adding the above-mentioned coverages in your Restaurant Insurance Premiums. We suggest you consult a trusted insurance agent when you’re buying one for your restaurant. The agent will know the local and state laws. The agent will also guide you to buy a policy you need over a policy you want.
However, make sure you have your needs determined and coverages understood before consulting an agent.
Get a quote for your restaurant insurance now.