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Restaurant Insurance

Running a restaurant comes with its fair share of risks and vulnerabilities. The daily operations within a restaurant expose owners to numerous perils and hazards, ranging from scalding surfaces and slippery floors to sharp utensils and perishable inventory. All these aspects demand careful management within the fast-paced restaurant environment.

Obtaining adequate commercial insurance coverage is crucial to a restaurant’s risk mitigation strategy. Contact Clearwater Partners in Tampa, FL, is here to help you navigate your restaurant insurance needs.

What Is Restaurant Insurance?

When considering the insurance requirements for a restaurant, it’s crucial to recognize that “restaurant insurance” isn’t a single policy that you can buy. While certain insurance companies may provide pre-packaged plans catering to various risks and exposures in the industry, restaurant owners may need to work with Clearwater Partners to tailor their insurance portfolio.

Types of Insurance for Restaurants

Several types of insurance may be suitable for many restaurants, including the following:

  • General liability—This coverage can help pay for the losses of third parties, such as customers or passersby if they experience bodily injury, property damage or personal or advertising injury.
  • Business property—By including this coverage in its insurance portfolio, a restaurant can receive financial assistance for losses affecting its physical property or equipment.
  • Business interruption—If a covered event forces a restaurant to close or adjust its usual operations temporarily, this coverage can help pay for losses and recurring expenses.
  • Workers’ compensation—If an employee suffers a work-related injury or illness, this coverage can provide financial assistance for things like wage replacement, medical expenses, and disability and death benefits.
  • Employment practices liability—This coverage can help pay for legal costs if a restaurant faces allegations of unlawful workplace practices, such as sexual harassment, retaliation, wrongful termination or discrimination.

In addition to the aforementioned components, restaurants should also thoroughly analyze potential coverage gaps to ensure an adequate insurance portfolio. The following additions may be necessary:

  • Commercial auto insurance
  • Professional liability insurance
  • Cyber liability insurance
  • Liquor liability insurance
  • Food contamination and spoilage coverage
  • Equipment breakdown insurance
  • Commercial umbrella insurance

How Much Is Restaurant Insurance?

Like most types of insurance, the cost of suitable coverage for a restaurant may vary significantly. Insurers generally must consider many factors of a business, such as cooking or preparation methods, location, restaurant property and equipment, number of employees, prior claims and portfolio details.

Get the Right Coverage

The dedicated staff at Clearwater Partners have the extensive knowledge and experience needed to help restaurants understand and fulfill their coverage needs. Contact one of our agents today to get started.


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