Type Of Insurance That Your Restaurant Should Have In San Mateo

Owning and running a restaurant is not a piece of cake. Apart from the concerns about personnel, service, food quality, and customer experience, you have to take good care of the office. Things like taxes, restaurant insurance in San Mateo, customer safety, profitability, and regulations demand a lot of time and energy.

This post is here to provide you with a guide about what restaurant insurance you need and the cost of restaurant insurance so make sure to read till the end. 

 

What are the insurances that your restaurant might need?

Commercial General Liability insurance 

Commercial general liability or restaurant liability insurance is one of the main coverages that a restaurant should have. It protects against property damage as well as bodily injury to anyone including customers. 

Commercial property insurance

The commercial general liability policy witnesses the most number of claims. However, the restaurant property insurance policy usually sees the highest dollar claims. This policy covers the building, kitchen equipment, freezers, dining tables, and more. We often see claims on restaurant property insurance ranging from theft to building fires. As restaurants have high exposure to the public and their operations involve things like open flames, property insurance is a must-have for them.

Workers Compensation

It is an insurance policy that is required by your state government. It covers medical bills arising from employee injuries that occurred while the employees are on the job. It is crucial for the restaurant as the employees always carry things, climb on chairs, reach overhead, and stay close to hot surfaces.

Liquor liability if you serve alcohol

If you serve any kind of alcohol, your state is most likely to require you to have coverage in order to maintain your liquor license. It covers you from an accident that occurs as a result of overserving a customer.

Usually, this helps in claims due to an over-served customer involved in a drunk and driving case. You could be held liable for that in some states. While in others, you might get listed on the lawsuit. Liquor liability will pay for these types of accidents and also pay your legal bills during the process.

Garage keeper liability insurance

If you provide valet service and a customer’s vehicle is damaged when it was in your care, you should have coverage for that. General liability insurance doesn’t cover auto accidents thus you have to look at a different policy in order to cover this kind of accident. Here garage keepers policy comes to the rescue. It covers customers’ vehicles in your care and custody.

For restaurants having valet services, garage keeper insurance is the best bet as some of the vehicles parked by your staff can be pretty expensive.

Cost of the restaurant insurance in San Mateo

The cost of restaurant insurance in San Mateo can vary drastically depending on several factors. The primary factor that affects that cost is the operations of restaurants. A small submarine shop might be able to get all the required coverage at a lesser cost. On the other hand, a large restaurant that owns a building should have to pay a huge sum for the insurance.