COFFEE SHOP INSURANCE
Owning and running a restaurant or coffee shop be filled with challenges. Regardless of the precautions taken a restaurant can still be a risk filled setting, for customers and employees alike. The odd accident is an expected occurrence, which is why having appropriate restaurant insurance is so important.
The probability of a customer or staff member getting hurt at some point, means that you should acquire some form of restaurant insurance. The legal fees and compensation claim amounts associated with liability claims means that failing to do so puts your business at significant financial risk.
Restaurant insurance and coffee shop insurance is essentially a mixture of several types of insurance:
Employer’s liability insurance – to cover any damages, legal costs and expenses, should an employee get injured.
Public liability insurance – to cover any damages, legal costs and expenses in the event of a customer getting injured or their property getting stolen/damaged.
Product liability insurance – to cover any damages, legal costs and expenses in the event of customer illness/death because of food/drink served on your premises.
Loss of income insurance – to cover any loss of income that occurs whilst waiting for an insurance payout.
Business contents insurance – to cover against the theft/damage of your business’ contents.