Restaurant Insurance

As a small restaurant owner, you probably don’t think of restaurant insurance as a key component to your success. You already know that your profits and long-term success depend upon three important things under your control:

  • Good food,
  • Good service, and
  • Atmosphere – the distinguishing features that differentiate your restaurant from others (unique decor, nightly specials, dynamic ambiance).

What about protecting your investment and source of income from things you do not control? This is where restaurant insurance comes in.

What Can Happen If You Don’t Have Restaurant Insurance?

Operating a restaurant without insurance exposes owners to potentially significant losses of revenue due to any number of unfortunate events:

  • burglaries,
  • customer/employee accidents,
  • lawsuits,
  • fire and,
  • employee theft.

It takes a lot of ‘blood, sweat and tears’ for restaurant owners to build their business into a reputable and popular restaurant sustained by loyal customers, while constantly looking to attract new customers. Leaving your restaurant open to financial disaster due to a lack of adequate insurance simply does not make good business sense.

5 More Reasons to Have Restaurant Insurance

In addition to providing compensation for litigation, theft and fire, restaurant insurance also:

  • Provides coverage for workman’s compensation claims
  • Helps absorb costs of equipment replacement
  • Covers legal expenditures associated with unintentional food contamination issues
  • Includes liquor liability insurance where applicable
  • Gives restaurant owners peace of mind knowing that their investment is protected from financial disaster.

Affordable Restaurant Insurance Coverage

There are different options available to provide the coverage you need according to the size and scope of your restaurant services.

Some of the variables considered are:

  • Three or more years of restaurant management experience
  • A kitchen that meets fire protection standards
  • % of total annual gross receipts from off premises catering
  • % of total annual gross receipts from the sale of alcohol

Standard components of restaurant insurance packages include:

  • Building coverage (All-risk coverage, replacement costs)
  • Business contents coverage (All-risk coverage, replacement costs)
  • Commercial general liability
  • Policies can start as low as $550/year for unlicensed restaurants

With the right restaurant insurance in place, you will have peace of mind knowing your restaurant–and your future–will be fully protected from damage, loss or litigation. Regardless of the size of your restaurant, or where it is located in Ontario, we can customize an insurance package to fully accommodate your needs.

For a no-obligation quote or to learn more about restaurant insurance options, please contact Mitchell & Whale Insurance Brokers at 1-800-731-2228 or


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