Restaurants, Bars, Taverns, & Food Trucks
Offered by QuoteWell
Restaurant Property Restaurant Chain Restaurant With Entertainment Restaurants Theme Restaurants Bars & Taverns Food Trucks Bars Liquor Liability Package LiquorDescription
Minimum Premiums
- General Liability: $750.
- Excess Liability: $750-$5,000.
- Liquor Liability (<30% Liquor Sales): $750.
- Commercial Property: $3,500-$5,000.
Restaurant/Bar/Tavern face unique risks such as:
- Over-serving of Alcohol to patrons.
- Foodborne illnesses.
- Increased slip and fall hazards.
- Increased fire hazard associated with cooking.
- Equipment failure and supply chain disruptions.Prohibited Risks:
- Gentleman’s Clubs or Adult Entertainment venues
- Liquor Coverage for Bars/Taverns (30%+ Liquor)
- Risks without adequate liquor training for employees
- Night Clubs
- Risks with Bottle Service
- Risks with Armed Security
- Hookah Lounges
- Risks with Federal Pacific, Stab-Lok, recalled Square D panels, or other hazardous electrical panels
Submission Requirements:
- Loss History
- Supplemental applications.
- Website/Facebook/Instagram pages
- ACORD applications
Important Underwriting Considerations:
- Targeting risks with <30% liquor sales (higher percentages considered).
- Crime score and loss history will drive Assault & Battery coverage.
- Applicants with <3 years of restaurant management experience may be excluded.
- Ansul systems required over cooking surfaces.
- BBQ restaurants need a smoker distance from the building of 10+ Feet.
- Key Consideration: Service frequency of Ansul.
It’s important to stay aware of emerging risks in the dining and entertainment industry.
Changes like stricter liquor regulations and evolving consumer preferences can significantly impact risk assessments for dining establishments.
Details
Has Pen
Appointment Required
Carrier Information
Non-Admitted
Listing Contact
Trinity Klamecki Account Agency Manger
Offered By
Availability 48 states
Covered
Not Covered
