Owners of restaurants have quite a number of concerns when it comes to liability issues. Whether it has to do with a kitchen fire breaking out, an employee being injured on the job, a customer who becomes ill and threatens litigation, or a delivery vehicle accident, these types of issues can be extremely costly, and could even result in having to close the doors for good.
Because any one of these occurrences could potentially cost a large sum of money to remedy, the obvious solution is insurance in the form of New York umbrella coverage.
That’s the policy that covers a business or organization beyond the limits of any primary insurance that they have in place. Plenty of people in food and beverage establishments across the state currently have this type of customized protection and business security in place, and so should you.
Don’t only rely on standard insurance to cover the cost of accidents
Every restaurant is different, and it takes more than a standard insurance policy to properly protect your business. You can certainly benefit from a dedicated insurer that will ensure that, in the event of a loss or claim, your business will be able continue on for years to come. Without adequate coverage, the risks and exposures can be quite frightening, which is why it’s simply common sense to always focus on the success of your business, and make sure that you have the proper New York umbrella coverage in place.
Partner with an insurer that will create a unique business plan for you
Whether you have a catering business, or a need a special program because your company serves alcoholic beverages, you’ll be able to satisfy your own needs by seeking out someone who can tailor a policy specific to your budget. It really pays to buy umbrella insurance for high limit liability, which provides coverage over and above your general liability limits.
Realize that there are trained professionals that have a deep understanding of the food and beverage industry, with connections to some of the nation’s best, most reputable specialist insurers, meaning you’re likely to get a great deal on both coverage and price. Speak to an agent today and ask questions pertaining to New York umbrella and your professional coverage needs.