Why you need insurance!

The Risks and Potential Problems




Your Risks                                                                              Potential Problems

Power or mechanical failure cuts power to your refrigerators and freezers


Major food spoilage can be devastating to your business
Your restaurant can lose income and food inventories


You are responsible to cover medical expenses for customers who fall ill as a result of the contamination

You could also incur expenses to clean and sanitize your restaurant and to replace the inventory

You could face a public relations crisis



Mechanical and electrical equipment breakdown


Repairing or replacing critical equipment can be costly


A fire forces your restaurant to shut down for an indeterminate amount of time


If your restaurant is temporarily shut down, you could lose thousands of dollars of revenue.


Data Breach


Credit card information of your customers is stolen, which legally requires you to take action


An intoxicated customer


A customer leaves your restaurant and is involved in an accident.  In some instances, alcohol served at your restaurant may be considered as a contributing factor to the accident.


Hot grease injures an employee while he or she is on the job


In most states, workers’ compensation laws require an employer to provide compensation and medical benefits to an injured employee.


An employee causes an accident while driving one of your business’ vehicles


As the employer and vehicle owner, you are typically responsible for any damages resulting from that employee’s accident.


An employee believes he or she has been wrongfully terminated, involved in sexual harassment or other forms of discrimination.


You will have to hire a lawyer to defend yourself.  You might also be responsible for a settlement award.


The unthinkable happens: You or a key business partner pass away


Your business may suffer a severe financial setback without a key person’s skills.  Also, the surviving partner may not have enough money to buy the deceased partner’s share of the business.