Food and Beverage Insurance
Restaurants and other food and beverage industry entities require comprehensive insurance coverage to protect against various exposures. The specialized professionals at Bowen, Miclette & Britt Insurance Agency, LLC can develop and implement a tailored plan that seamlessly combines insurance, risk management, and claims consulting to meet our clients’ unique coverage needs.
Get Customized Food Service Insurance
Restaurant owners face multiple risk exposures that impact their business. The Bowen, Miclette & Britt team implements a collaborative approach that simplifies the search for the most appropriate protection. We can tailor business insurance for restaurants consisting of various coverages, such as:
Liability
Food liability insurance consists of general liability coverage that protects against injuries to third parties resulting from the restaurant’s negligence, such as when a patron slips and falls on a wet floor. It includes a food and beverage product insurance component to cover incidents like food poisoning and illnesses from unlabeled allergens. This policy type also covers business equipment if it becomes stolen or damaged.
Commercial Property
Commercial property coverage protects the restaurant from losses from physical damage to the premises due to fire, vandalism, and other events. It pays for repairs or replacements of the building and equipment.
Restaurant owners can consider combining general liability, commercial property, and business interruption coverage into one comprehensive plan, known as a business owner’s policy. This policy type is designed for small businesses with less than $5 million in yearly revenue and fewer than 100 employees.
Utility and Spoilage Insurance
This insurance covers losses from food spoilage or contamination resulting from any event specified in the policy, including utility failures that cause appliances and other equipment to malfunction and extended power outages.
Commercial Auto
Many restaurants offer delivery service to accommodate customers who do not wish to travel to the establishment. A commercial auto insurance policy covers the vehicles used for this purpose for accidents, injuries, theft, and property damage losses. If an accident occurs, it can cover driver injuries and any damage to the vehicle.
Equipment Breakdown
Restaurants require cooking and food storage equipment, computers, and non-electric equipment for a successful operation. Breakdown insurance covers the cost to repair or replace these items in the event of damage or mechanical failure — which can be caused by issues such as operator error or power surges.
A Sampling of Restaurant Exposures
We can help our clients find the right coverages for these and other common restaurant exposures:
- Food Contamination/Food Safety/Food Security
- Product Recall
- Reputation and Customer Retention
- Workplace Safety
- Supply Chain Disruptions
- Theft
- Premise Slip and Fall
- Foodborne Illness
- Equipment Breakdown
- Delivery
- Grease Fires
- Liquor Liability insurance
A Sampling of BMB’s Expert Advice and Knowledge
Our extensive industry knowledge enables us to serve in an insurance advisory capacity for our clients. We can provide reliable guidance to help restaurant owners improve results in these areas:
- Liquor Liability Loss Prevention Programs
- On-site Evaluations
- Restaurant Safety and Security Audits
- Return-to-Work Programs
- Loss Trend Analysis
- Safety Training for Management and Employees
Learn More About Our Food and Beverage Insurance Solutions
Discover how the experienced insurance professionals at Bowen, Miclette & Britt can help a restaurant business protect its assets and improve its risk management processes. Call us at 713-880-7100 or contact us online to request additional information about our brokerage services today.
