Restaurant Business Owner Policy BOP
Offered by Distinguished Programs
Restaurants BOP Restaurant PackageDescription
- Designed Specifically for Restaurants -
Submit Anytime. Nationwide Availability. A+ XV Rated Coverage.
With the launch of our new Business Owner’s Policy (BOP), Distinguished Programs expands its Restaurant insurance offerings. This BOP includes key protections such as business income loss, spoilage, and liquor liability. Brokers can now submit BOP business at their convenience through the Broker Connect portal.
Eligibility
Available Nationwide (except AK, FL, HI, NY)
Casual Dining
Restaurants with full table service often closing by 10 p.m. Liquor sales are typically 25% or less. Our focus is on locally-owned establishments.
Examples:
- Family-style Italian
- Pizza shops
- Classic American fare
Limited Service/Fast Casual
Restaurants where customers order at a counter and pay before eating that are a notch up from fast food in terms of ingredients and dining experience. May be take-out only.
Examples:
- Delis/sandwich shops
- Gourmet burger restaurants
- Burrito/taco shops
Upscale Dining
Small to moderately-sized upscale restaurants closing by 11:00 p.m. Target is accounts that are less formal than traditional fine dining with limited liquor sales.
Examples:
- Neighborhood bistros or cafes
- BYOBs
- Farm-to-table concepts
Key Coverages
- Business Income for Off-Premises Utility
- Services – $25,000 limit
- Food Contamination – $10,000 limit + $3,000 advertising expenses
- Identity Fraud Expense – $25,000 limit + $5,000 advertising expenses
- Spoilage – $15,000 limit
- Employee Dishonesty – $10,000 limit
- Back-Up of Sewers and Drains – Direct Damage – $20,000 limit
- Liquor liability included based on individual risk eligibility
Optional Coverages
- Data Breach option available
- Optional $1M excess limit available
- Optional $2M/$4M liability limits available
Contact
For more information, please contact:
- Alex Montclair
- amontclair@distinguished.com
- Telephone: (203) 606-6580
For portal authentication or technical support, please email techcalls@distinguished.com or call us at: (888) 355-4626 (press #).
For submission or underwriting questions, feel free to email restaurants@distinguished.com
Please submit your inquiry via our contact form here
Details
Has Pen
Appointment Required
Carrier Information
Admitted
Rating A+ XV Rated Paper
Offered By
Availability 47 states
Covered
Not Covered
