Operating a restaurant in West Palm Beach, FL, has unique risks and responsibilities, especially concerning liabilities. Understanding the different types of commercial insurance liability coverages is crucial for restaurant owners to protect their businesses from legal and financial issues. Here are some your restaurant may need.
General Liability Insurance
This is the cornerstone of a restaurant’s liability protection. It usually covers common risks, including customer injuries on your premises (like slips and falls) and property damage caused by your operations. This is a coverage that almost every restaurant should have.
Product Liability Insurance
Given that restaurants deal directly with food products, product liability insurance can be needed. It usually protects against illnesses or injuries caused by the food served, covering legal fees and settlements resulting from foodborne illness claims or similar issues.
Commercial Umbrella Insurance
Umbrella insurance is an extra layer of protection over your existing liability policies. In cases where a claim exceeds the limits of your other liability coverages, a commercial umbrella policy can provide additional financial security.
Hired and Non-Owned Auto Insurance
For restaurants offering delivery services in West Palm Beach, FL, hired and non-owned auto insurance offers specialized auto coverage. It usually protects against liabilities arising from accidents in vehicles not owned by your business (like employees’ personal vehicles). The latter is important when making deliveries. We at Atlantis Insurance Inc. can help find this type of specialized protection.
Tailoring Insurance to Your Restaurant’s Needs
Each restaurant has unique needs based on its size, location, and services offered. It’s important to use these factors to determine appropriate coverage levels and additional protections that may be necessary.
For help understanding what liability insurance coverages are important for your restaurant, contact us at Atlantis Insurance Inc.