Why You Need General Liability Insurance for Your Restaurant

Why You Need General Liability Insurance for Your Restaurant

Are you thinking of opening up your own restaurant or dining establishment? If you are, or if you are already in the early stages of doing so, then you are no stranger to the never-ending checklist of things you need to get done to ensure a smooth restaurant opening. From hiring a rock star staff to securing all of the kitchen equipment you need, things like securing general liability insurance may not be at the top of your list. Here are some reasons why general liability insurance is one of the most important things you will secure for your restaurant business, and how to get started.

What is General Liability Insurance?

General liability insurance is an insurance policy that works to protect you and your business. This works like any insurance policy – you pay a predetermined amount each month depending on the coverage you need, and then simply file a claim should you ever be in a situation where you need to access the financial coverage. If you think you do not need general liability insurance, think again. Here are the top reasons this is a must-have policy if you want to have a successful and long-standing business.

Accidents Happen All of the Time

Whether it is a customer slipping and falling on a puddle near the front door of your establishment, an allergic reaction to the food, or a bar fight late at night – these events are commonplace at even the finest of establishments. While using the utmost precaution and due diligence in training your management and staff to handle these situations can help your business’ cause, this will not protect you from your customers taking legal action as they see fit. Accidents happen all of the time, and more often than not, accidents result in a legal dispute or physical damage to your property.

General Liability Insurance Protects You and Your Business

Even if your dining establishment is not found responsible for any accident that occurs, costs to defend yourself and time spent away from your business realistically can cause your business to shut its doors. The same goes for physical damage to your property. In severe cases, your business may need to close for a period of time to allow for costly repairs. General liability insurance will protect you and your business financially in these sorts of all-too-common circumstances.

General Liability Insurance Provides Peace of Mind

Without general liability insurance, the “what ifs” will always be hanging over your business. You have spent so much time working on opening your dining establishment, so why let it all waste away due to some sort of accident or negligence? Securing a general liability insurance policy will give you the peace of mind that you are covered in the event that any of these unfortunate events occur. You also will have the assurance that the RPA team is here to help you navigate the claims process.

Learn More About Securing General Liability Insurance

If we’re talking insurance, there may be other policies you will want to look into. General liability insurance is the base policy that any dining establishment will need to secure in order to operate. Other policies, such as liquor liability insurance, flood insurance and/or business interruption insurance, may also be necessary, depending on your specific business and location. The professionals at RPA specialize in helping restaurants and dining establishments across the United States determine exactly which coverages they need, nothing more and nothing less. Contact us today to learn more about securing general liability insurance.