- Business Insurance
- Personal Insurance
- Get A Quote
- CIS Articles
- General Contractors Insurance
- Electricians Insurance
- HVAC Insurance
- Plumbers Insurance
It can be a highly satisfying and lucrative business, but it is also an entity with tons of moving parts, pieces, and people. Making sure that your restaurant is insured is important if you want to protect your investment and your assets.
Budgeting for a restaurant is challenging. It’s all based on estimations – how many patrons, what meals will be ordered, making sure stock is available, and limiting waste.
No item is more important than your general liability insurance. It provides protection should a customer or delivery person be injured on the property. Some policies even cover immediate medical issues such as the need to call an ambulance. These policies also cover foodborne illness should a customer get food poisoning and need medical attention, as well as coverage if someone tries to copy your branding though copyright infringement law.
Property insurance itself can cover your physical assets. The building and all of your contents, tables, chairs, lighting, cooking and kitchen appliances, and more.
Workman’s compensation insurance. If you have employees, especially as many as most restaurants do, you need, as required by law here in Florida. It covers lost wages and medical expenses for those injured or made ill on the job. It can also protect you from lawsuit and damage settlements.
Do you have delivery drivers? If so make sure that you also carry commercial auto insurance. If your restaurant owns vehicles this is crucial. Commercial Auto Insurance policies in place help to protect restaurants from the legal, medical, and repair costs that can come from an auto accident.
If your establishment has a bar or serves alcohol you also want to make sure that you have liquor liability insurance. As crazy as it may be a bar or restaurant can be held responsible for “over serving” an intoxicated guest. If they leave the property and cause damage or bodily harm, the restaurant could be on the hook if not insured.
And last but definitely not least, a good solid Umbrella insurance policy can add a great coverall layer of insurance to make sure that you don’t end up losing your livelihood over a lawsuit or have to go into personal debt to save it.
Talk with the experts at Centennial Insurance Services. www.cisinsfl.com. Give us a call today by dialing 239-247-5125.
I have found Chris to be extremely knowledgeable on Community Association insurance requirements and he has successfully presented proposals that provided better coverage and lower premium than the incumbent agency. His active involvement in assessing the Insurance needs of Communities managed by this firm has been an asset for both Moore Property Management and the purchasers of the insurance.
Chris Boston is our agent at Centennial. He does excellent work and always strives to save our association money. He always responds to emails. I highly recommend Chris and Centennial.
Chris Boston is Your Agent! I own a small condo development on Manasota Key and had been with the local insurance company for 14 years. This is my second year with Chris. He works very hard to get the best and lowest cost policies and is always responsive. I have saved substantially because he took the time to get to know the property and cost savings that were available. It’s all about customer service!
Its nice to have your expectations in a business not only met but exceeded! Centennial Insurance provided us with professional, friendly & effective service.