Dining establishments require sizeable investments to open, and those investments that proprietors make ought to be protected. Restaurant insurance policies give Massachusetts dining establishments a variety of protections against possible calamities.
Restaurant insurance policies are specialized commercial policies that are uniquely designed with dining establishments in mind. Most restaurant policies combine several coverages into a single package policy, and the combination of coverages included can often be adjusted to meet a particular establishment’s needs.
Most dining establishments should have a restaurant policy in place. In some cases, establishments may have to purchase a policy in order to secure a lease, mortgage, loan or liquor license. Even if an establishment isn’t faced with any such requirements, however, having a policy is often the best way to protect against potentially ruinous disasters.
In addition to traditional restaurants, other businesses that have an eatery might want a restaurant policy for their eatery. This could include grocery stores that have an in-store restaurant, vineyards and breweries that offer food on location, and similar businesses. An insurance agent who’s well-versed in the available types of policies can help determine whether a traditional restaurant policy or another kind of policy will better serve a specific business.
Because dining establishments are exposed to many different potential risks, insurance companies offer an array of coverages that can be included in restaurant policies. A particular policies’ optional and standard coverages might include:
Massachusetts dining establishments that serve adult beverages normally need a liquor liability coverage, for coverage is a prerequisite to obtaining a liquor license. Establishments that don’t serve alcoholic beverages generally don’t have to worry about this coverage.
Establishments that offer delivery or catering usually need some form of auto insurance because they have vehicles on public roads. There are two different types of auto insurance, with an establishment’s situation usually dictating which one is more appropriate:
Establishments that need auto insurance should talk with an insurance agent who’s familiar with restaurant policies and the different auto coverages options they offer. An informed agent can help determine which of the two options is best for a given situation.
Even though most restaurants have employees and need workers compensation, this coverage usually isn’t included in restaurant policies offered in Massachusetts. In the state, workers compensation is normally procured as a stand-alone policy. An insurance agent who helps with restaurant policies also likely can help find a stand-alone workers compensation policy.
For help finding restaurant insurance that’s tailored to your establishment’s needs, contact the independent insurance agents at Garrity Insurance. Our team has worked with many dining establishments in Massachusetts, and we’re ready to help your restaurant. Our agents will work hard to make sure your establishment gets the coverages it needs and you want.