844-97-USAVE | QUOTE | GENERAL LIABILITY | WORKERS COMPENSATION | COMMERCIAL AUTO | BONDS

restaurant and brewery | Business insurance

restaurants & Breweries

Insurance for restaurants and breweries is tailored to meet the unique needs and risks associated with the food and beverage industry. These policies protect against a variety of potential losses, including property damage, liability claims, and employee-related incidents.

Key Coverages for Restaurants and Breweries

General Liability Insurance:

Protects against claims of bodily injury or property damage that occur on the business premises.
Covers legal fees, medical expenses, and settlements or judgments.

Property Insurance:

Covers physical assets such as buildings, equipment, furniture, and inventory against perils like fire, theft, vandalism, and natural disasters.
Can be tailored with endorsements for specific needs, such as spoilage coverage for perishable goods.

Business Interruption Insurance:

Provides compensation for lost income and operating expenses if the business is temporarily closed due to a covered event.
Helps cover rent, payroll, and other ongoing expenses during the recovery period.

Liquor Liability Insurance:

Essential for businesses that serve alcohol.
Covers claims related to the actions of intoxicated patrons, including injuries and property damage.

Product Liability Insurance:

Protects against claims of illness or injury caused by the food and beverages served by the business.
Covers legal fees, medical expenses, and settlements or judgments.

Equipment Breakdown Insurance:

Covers the cost to repair or replace equipment that breaks down due to mechanical or electrical failure.
Can include refrigeration units, cooking equipment, and brewing machinery.

Brewery

restaurants & Breweries

Additional Coverages for Breweries

Tank Leakage and Contamination Coverage:

Covers losses due to the leakage or contamination of brewing tanks.
Important for protecting the quality and safety of the brewery's products.

Brewery Equipment Insurance:

Specifically designed to cover the unique equipment used in the brewing process.
Can include coverage for fermenters, mash tuns, boilers, and other specialized brewing equipment.

Barrel and Aging Coverage:

Covers the barrels used for aging beer and the value of the beer aging within them.
Protects against loss due to fire, theft, and other covered perils.

Event Liability Insurance:

Important for breweries that host events, tastings, or tours.
Covers liability for injuries or property damage that occur during these events.

Some Factors Influencing Insurance Premiums

Location:

The geographic location of the business can impact premiums based on crime rates, natural disaster risks, and local regulations.

Claims History:
A history of frequent or severe claims can lead to higher premiums.

Type of Food and Beverage Served:
The nature of the menu and the presence of alcohol service can influence risk levels and premiums.

Safety and Security Measures:
The presence of fire suppression systems, security systems, employee training programs, and other risk mitigation measures can help lower premiums.

Gleason Insurance Brokers

844-97-USAVE | QUOTE | GENERAL LIABILITY | WORKERS COMPENSATION | COMMERCIAL AUTO | BONDS