Many restaurant operators consider buying insurance a “necessary evil”. You don’t like it, but you know you need it; when a guest or employee files a claim you’re glad you bought that insurance policy. But, how do you know you’ve spent your money wisely?
Our experience in working with restaurant operators has shown us that what you don’t know about business insurance translates to lost profits, for example:
• Insurance companies don’t like to offer restaurant insurance, considering it too risky, so the ones that do offer it charge more – but not to everybody
• The information you supply to your insurance broker is key
• Learning how to avoid common restaurant insurance claims is essential
• At least once a year, taking time to “look under the hood” to evaluate your insurance program could also mean a big difference in what you pay.
Please contact us for more information regarding insurance for your restaurant!Blog, Restaurant Management