The Restaurant Insurance Program offers a unique package policy specially designed for small to mid-sized family restaurants FOR LARGER RISKS PLEASE GIVE US A CALL
• Restaurant with no sales of alcoholic beverages
• Restaurant with sales of alcoholic beverages up to 25% of total sales
• Restaurant with sales of alcoholic beverages of more than 25% of total sales up to a maximum of 35% of total sales
• Take out restaurants with no table service, maximum seating capacity of 40
• Bakery, bagel or donut shop - baking only
• Bakery, bagel or donut shop - with frying
• Pizza Shop
• Refreshment stand
• Sandwich shop
Coverage Included:
• Equipment Breakdown • $10,000 Power Failure: Off Premises
• $5,000 Valuable Papers and Records • $5,000 Accounts Receivable
• $2,500 Outdoor Signs • $2,500 Personal Property of Others
• $5,000 Personal Property: Off Premises • $5,000 Medical Payments per Person
• $100,000 Fire Legal Liability/Damage to Rented Premises
Optional Coverage's
• Enrichment Endorsement • Satellite Dish Antennas
• Employee Dishonesty • Money and Securities
• Mini/Micro Computers • Accounts Receivable
• Glass • Valuable Papers and Records
• Increased Fire Legal Liability/Damage to Rented Premises • Outdoor Signs
(for tenants only)
Coverage's and Limits
• Special form business owners coverage for buildings and personal property
• Business income coverage included at limit equal to 20% of building plus 100% of personal property limit. Actual loss sustained
is available as an option.
Liability Coverage for Premises and Products
Minimum: $300,00 per occurrence, $600,000 aggregate
Liquor Liability Area
Restaurant Program
Property Protection Code
• Automatic fire suppressant system and fire extinguishers (semi-annual cleaning service contracts required)
• Grease filters must be cleaned weekly
Experienced Management
• Restaurant must be in business at the same location under the same ownership for a minimum of 3 years
Ineligible Risks
can still be written but under a different program.
The following characteristics are not eligible for the Restaurant Program:
• Sale of alcoholic beverages exceeding 35% of total receipts
• Total receipts in excess of $2,000,000
• New ventures including restaurants in business less than 3 years at the same location
• Risks located in Protection Class 9 or 10
• Building coverage on frame buildings over 25 years of age
• Featuring live entertainment (incidental entertainment, such as a musician playing background music is acceptable)
• Dancing
• Off premises catering receipts in excess of 35% of total receipts
• Fraternal or legion posts
• Risks located in a converted structure (converted structure is a building not originally constructed for a restaurant occupancy)
• Vacant or course of construction risk (remodeling projects acceptable up to 30 days)
• Non-renewed or canceled for underwriting reasons by prior carrier
• Seasonal operations (regularly closed more than 30 consecutive days)
• On site playgrounds or more than three video games
• Location in a marina, hotel, motel or truck stop
• Risks with boat docks owned or operated by the insured
• Risks with gas pumps
• Risks with athletic or sporting events on premises
• Building/Liability coverage is not available for multi-occupied risks except for owner occupied apartments
Easy to Write
We have specially designed our program to make it fast and easy for you to write your small to mid-sized family restaurants with us.
MANY OTHER LINES OF COVERAGE AVALIABLE! CALL FOR DETAILS AND QUOTES ! ! !
WE ALSO HAVE EXCELLENT PROGRAMS FOR LICENSE & PERMIT BONDS AND PAYMENT & PERFORMANCE BONDS.
FOR A FREE CONSULTATION, CALL OUR TOLL-FREE PHONE NUMBER ANYTIME ! ! !
