In terms of liability and accidents, restaurants can actually be a high-risk business. This is why various forms commercial of insurance are important to have so that you don’t end up in hot water.
General Liability Insurance
Legal liabilities are definitely one of the biggest financial risks that a restaurant can have. If employees or customers get injured or someone gets sick, you can be sure that there may be a lawsuit in your hands. Having a thorough policy can cover legal fees and potential damages.
Food Spoilage or Contamination
Your source of food is the most important aspect in any kitchen. If the food in your refrigerator or freezer ever gets spoiled for a variety of reasons, this should be covered under this plan. Spoilage due to plant or animal diseases or threats of bacteria can also be a part of this plan.
Workers Compensation
When one of your chefs, waiters, or line cooks get injured on the job, a workers compensation plan will pay for their leave and help them recover. Texas does not legally require you to have a workers compensation, but it is a good idea to treat your star employees well so they can recover to get back into the kitchen.
Automotive Liability
If you have vehicles that deliver food or pick up supplies, you will need to get liability insurance. Accidents and breakdowns will also be covered so you won’t have a financial mess if something goes wrong.
Commercial Fire Insurance
Having a kitchen will have to deal with flames, gas lines or electrical components. This is a fire waiting to happen so make sure that you have coverage in case of an accident.
You may find packaged commercial insurance plans to cover all of the aspects of your restaurants at an affordable price. If your establishment is within Coppell, TX, you may consult with The Select Insurance Agency to see what deals they have for you.
