Three Business Coverages For Restaurants

albuquerque insurance agencies

Owning a restaurant can be hectic and thats not even including the crazy schedule, managing suppliers and dealing with unruly customers. With all that going on, making sure you have the right insurance coverage is probably the last thing on your mind. As you prepare to open your new restaurant, here are three basic coverages to ask about when interviewing Albuquerque insurance agencies.

General Liability Insurance

General liability protects you in case a third party suffers an injury or property damage on your premises. If they choose to bring a lawsuit against you, your policy would cover your legal costs including your attorneys fees, settlement and judgment amounts.

Property Insurance

As the name implies, property insurance protects your business property against damage or loss caused by certain events such as fires, storms, theft or vandalism. Your policy would pay to replace or repair your covered items which can include your building, landscaping, furniture, and digital property.

Worker’s Compensation Insurance

Restaurant employees face a lot of risks as part of their everyday jobs. If one of your employees were to get injured or become ill because of job-related activities, your policy would be there to cover the medical and rehab costs as well as any wages lost while he or she was unable to work.

With these coverages serving as your foundation, youre now ready to sign up for your full business insurance policy. Work with Albuquerque insurance agencies who possess the experience to help you craft the perfect policy.