Restaurants, by their very nature, are subjected to risks not found in other types of business.
Exposures include property, crime, inland marine, premises liability, product liability, liquor liability, and workers comp, some of which can be difficult to navigate and understand. Property exposures, for example, can be very substantial for any restaurant due to the major hazards associated with grill, burners, and deep fat fryers and the potential for fire, requiring automatic fire extinguishing protection, hoods, and filters and the appropriate shut off and extinguishing mechanisms.
Many restaurants, although focused and dedicated to running necessary day-to-day operations, fail to recognize their coverage and risks, and as a result are underinsured for their specific operation. Products liability exposure in itself, due to food poisoning and allergic reactions, can produce a devastating effect on a restaurant. Many who have to claim a loss never recover from inadequate insurance protection, and, as a result, are forced to close their doors. The good news: most losses can be avoided with the correct insurance program and proper risk management practices. In most cases, the additional protection results in only a small increase in premium.
At J. Lion Insurance Group, we take the time to understand your specific needs and operation. Our restaurant insurance program provides a full-range of coverage for any restaurant operation including:
- Chinese Buffet Restaurant
- Family Restaurant
- Fast Food Restaurants
- Asian Take-Out Restaurant
- Fine Dining Establishments
Additionally at J. Lion Insurance Group, we are proud to provide comprehensive coverage options that can include protection for a variety of common risk exposures mentioned above, including:
- Kitchen Equipment & Other Contents
- Loss of Business Income
- Food Spoilage
- General Liability
- Liquor Liability
- Workers Compensation
At J. Lion Insurance Group, we understand the importance of having affordable, comprehensive coverage in place– no matter how big or small your restaurant may be. We know restaurants require huge amount of dedication, hard work, and long hour; let us dedicate ourselves to you to ensure you have the correct coverage and risk management program in place.
We are pride to insure hundreds Chinese restaurants and other variety eating establishments in metro Philadelphia area. Contact us, or fill out our free restaurant insurance quote form, for more information today!