Restaurant insurance policies provide a simple package covering all your insurance requirements:
The only areas of cover which are compulsory by law is motor insurance for any vehicles you own and employers liability which protects your legal liability against injury or illness to employees as a result of their employment with your restaurant – for example, a waitress trips over a loose floor tile carrying several plates and breaks her ankle.
Whilst failure to purchase other covers might not break the law, without public liability and cover for your contents and fixtures and fittings you will be leaving your restaurant severely financially exposed.
Imagine a kitchen fire which completely gutted the restaurant – how would you find the refurbishment? Who would pay the rent in the interim? Restaurant cover provides genuine peace of mind for you and your business.
Your business needs to cater for a variety of diners tastes, different insurers target specific areas of the market – some prefer high end dining, others like fast food establishments. The good news is that Insync has access to a complete range of leading insurers allowing us to compare restaurant insurance quotes from up to 10 insurers in minutes!
Our expert advisors will help you to assess your risk and build a package that works for your restaurant and your budget.
Specialist cover from café or coffee shops, to fine dining or multi-site chains
Owner occupied or leasehold restaurant businesses
Cover for all types of restaurants - Italian, Indian, Chinese, traditional or modern
Cover available for non-standard construction (flat roof or listed buildings)
Buildings, fixtures & fittings, catering equipment
Contents and wet and dry stock-in-trade and refrigerated stock
Signage, glass and shop front cover
Money cover and theft by employees
Public liability as a restaurateur
Products liability for food being sold
Employers liability covering legal liability for kitchen and waiting staff
Business interruption (loss of profits)
We compare prices and cover from leading restaurant insurers
Instant quotations - cover and policy documents in minutes
Flexible cover & monthly payments – just pay for the sections you need
Expert advice from restaurant insurance specialists
Personal – Digital servicing AND your own dedicated insurance professional
An Italian restaurant suffers a break in early one morning. Money is stolen from the safe containing last night’s takings of £4k, as well as steak and fish from the store in the kitchen and a number of expensive appliances -total claim cost c£8k.
Restaurant insurance packages start from as little as £150 (plus insurance premium tax) per annum. However, the cost of your individual policy will be dependent on your individual requirements. Typically, insurer premiums will be influenced by:
• Location of the restaurant (postal code)
• Type of food sold and cooking methods used (e.g. use of frying ranges)
• Sums insured (contents, fixtures and fittings, stock etc.)
• Trading or industry experience and previous claims history
• Sections of cover requested
The first step to buying insurance for your restaurant is understanding your requirements and correct sums insured. If you are not sure of correct reinstatement values for your building or catering machinery and equipment we would suggest you employ the services of a proper valuation surveyor – this will not only ensure sums insured are accurate, but could save money if you have previous over insured.
Another route to cheaper cover is the removal of unwanted extensions or areas of cover that is no longer relevant.
Finally you should utilise the skills of a specialist insurance advisor such as Insync, who has access to specialist hospitality insurers who will often reduce their premium levels for well managed businesses.
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