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.
Preparing your business for a storm here in the West Palm Beach, FL area can seem like an overwhelming task, but it doesn’t have to be! With the right planning and preparation, you can be prepared for anything Mother Nature throws at you.
Here are some tips from us at Atlantis Insurance Inc. to help you prepare your business for a storm:
1. Assemble an emergency kit
Make sure you have all the necessary items in place such as flashlights, batteries, first aid kit, bottled water, food, and other supplies to sustain yourself and your employees in case of an emergency. It’s important to keep these items updated and replenished as needed.
2. Have an evacuation plan
In case of severe weather conditions or power loss, it’s important to make sure everyone knows where they should go and what their duties are in case of evacuation. Make sure all staff members are familiar with the plan ahead of time so they know how to act if necessary.
3. Secure your property
If possible make sure loose items such as outdoor furniture or decorations are secured or stored away safely before a storm arrives to prevent damage or injury from flying debris.
4. Keep communication open
Make sure you have multiple ways to communicate with employees in case of an emergency situation such as text messaging, emails, phone calls or social media updates.
5. Monitor weather forecasts
Stay up-to-date on current weather conditions and forecasts so that you can anticipate possible adverse effects from storms and take proper action if needed.
Reach Out To Us
For more tips, give us at Atlantis Insurance Inc. a call today. We are proud to serve the West Palm Beach, FL area.
When you own a business in Florida, there are some types of commercial insurance that you may be required to have. It’s important to know about the required commercial insurance policies in Florida so that you know whether you need one to keep operating legally. When you need any type of commercial insurance, call us at Atlantis Insurance Inc. in West Palm Beach, FL to find out more.
Required Commercial Insurance
Workers’ Compensation Insurance
In Florida, it is required that businesses with at least four employees must have workers’ compensation insurance. This is required for part-time as well as full-time workers. If your business is a construction business, you must have this insurance for all employees, even if you have only one. This type of insurance policy will pay for the medical bills that are due after a worker has an injury while working or contracts a work-related illness. This can save your company a lot of money in medical bills, and it often means that there is no reason for an employee to sue for their injuries.
Commercial Auto Insurance
If your business owns a vehicle, state law requires that you have a commercial auto insurance policy on it. This will cover any costs associated with accidents that happen with that vehicle. There are minimum amounts of coverage that you have to have with these policies. There is an amount that is required for property damage liability for an accident and another amount required for personal injury protection. PIP pays for your medical costs after an accident. The amounts required are very low when compared to other states, and it’s generally recommended that you get more coverage than the minimum required amount.
Cover Your Business
When you need commercial insurance for your business, call us at Atlantis Insurance Inc. in West Palm Beach, FL.
The investments you make into your business are important, but protecting those investments is even more important. The way you protect your business will determine your long-term success. At Atlantis Insurance Inc, serving West Palm Beach, FL, we can help you better understand how commercial insurance will protect your business.
How Can Commercial Insurance Help Me?
If you are a business owner, commercial insurance was developed with you in mind. It is a specific type of insurance product which bundles many different types of coverages together. This product provides comprehensive protection for the many components of your business.
What Types of Coverage Are Offered?
Because your business is a very unique institution, your insurance needs will be unique as well. An insurance representative can help you evaluate and determine the types of coverage you will need. In general commercial insurance will provide the following types of coverage:
- Property damage- Property damage coverage will help to reimburse you if your business property sustains damage. This type of coverage can also help pay for expenses incurred due to burglary.
- Vehicle Coverage- Sufficient auto insurance is essential if your business operates vehicles. Commercial insurance can bundle auto insurance into your policy to keep your vehicles and drivers safe.
- Liability coverage- If an employee or a customer is injured at your place of business or as a result of your goods or services, you could be held personally liable for those expenses. Liability coverage will help protect your assets in the event that this happens.
If you would like to learn more about insurance products or the services that we provide, please contact us at Atlantis Insurance Inc. serving West Palm Beach, FL.
Anyone in the West Palm Beach, FL area and has a dream of starting their own business should consider starting a company in this area. There are continuing to be a lot of advantages when you are here, including strong population bases and a lot of tourism. For those that are going to start a company here, it is vital to get a commercial insurance policy. There are several reasons that you should get this insurance coverage.
Coverage Protects Business
One reason that businesses should get commercial insurance here is that it can protect their business. When you invest in a commercial insurance policy, it will give you the coverage that could repair or replace your core assets and offer liability protection. This coverage can prove to be very beneficial and could keep your company solvent in certain situations.
Coverage is Required
It would help if you also considered getting commercial insurance because it could be a requirement for you and your company. If you have taken out a business loan or are renting a space, there is a good chance that commercial insurance will be required for you. Getting the appropriate coverage will keep you in good standing with all of your insurance obligations.
There continues to be a lot of reasons to get a commercial policy for your West Palm Beach, FL area. If you are going to start a new company here, you need guidance and support to choose the right policy. The team at Atlantis Insurance Inc. can give you the support needed to build a policy. Atlantis Insurance Inc. can do this by carefully assessing your needs and working with you to build an appropriate policy.
Business operators have a lot on the line when it comes to opening up their shops, so late-night sessions of lying in bed and worrying can be expected. Luckily, having sufficient commercial business insurance needn’t be one of those worries.
Indeed, a discussion with a trusted agent will help you sort out what commercial insurance policy will best benefit your particular Florida business, and how to obtain that peace of mind. For a frank and honest discussion regarding the insurance needs of your particular business, we welcome the opportunity to have that conversation here at Atlantis insurance Inc. in West Palm Beach, FL.
Florida Commercial Insurance
Just as no entrepreneurial dream is the same, no insurance package is a one-size-fits-all formula. For that reason, the licensed agents of Atlantis Insurance, Inc. serve the greater West Palm Beach, FL area with an array of policy options designed to benefit your business should the worst happen. From auto to property to general liability protection, a commercial insurance policy is the first line in protecting your business and your dream.
Contact our Team at Atlantis Insurance Inc.
Should you be in the market for commercial insurance, or want to understand the extent of your current coverage better, we invite you to talk to our knowledgeable and friendly commercial insurance agents for a free, no-obligation quote designed to give you your options with an eye towards protecting your business dream, whether you have just opened your doors or have been a going concern for decades.
Serving the West Palm Beach, FL business community, we understand the needs of business owners, and we look forward to meeting them with the insurance policy that “fits,” so you can concentrate on more important business matters like getting more business. Reach out to our office in West Palm Beach, FL to learn more and acquire a quote.