Does a restaurant policy provide coverage for special events?
Coverage for special events hosted within the restaurant premises, such as parties or corporate gatherings, is included in many restaurant policies. A few policies might not cover these sorts of events, though.
Restaurants that frequently host events can work with a knowledgeable insurance agent to find proper coverage. An agent specializing in restaurant policies will be familiar with the different coverage terms that apply to events.
How much does it cost to insure a restaurant?
The premiums that restaurants pay are affected by various factors, often including the restaurant’s location, size, menu offerings, operational hours, past claims and other details. This results in premiums varying from one restaurant to the next.
An easy way to find out how much insuring a particular restaurant will be is to consult an independent insurance agent. An independent agent will be able to request customized quotes from several insurance companies, showing how much each company will charge for the given restaurant.