What is restaurant insurance?
Get hassle free cover for your restaurant in minutes.
Whether you’re a big city restaurant or small countryside diner, the same always rings true – that you’ll need a good restaurant insurance policy in place. To help you protect and grow your business we can source a range of covers that will be tailor made to fit your restaurants needs. As a restaurant owner or manager you’ll likely be tasked with the day to day running of the business. That’s no easy job you have there so our cover is designed to give you peace of mind. With protection from anything from damage or theft to your premises to expensive claims brought by employees injured at work – we can have you covered. All of these risks can have damaging effects on your restaurants daily operations if they occur whilst you don’t have adequate restaurant insurance in place.
At The Insurance Octopus, our personalised business insurance policies are designed to allow you to add, remove, increase or decrease all areas of your insurance policy. You will be able to tailor a bespoke Restaurant Insurance policy which has all of the essential cover you need in one simple business insurance policy.
What your restaurant insurance policy includes
Public Liability cover for restaurants
Public Liability cover protects you if one of your customers is injured, or their property is damaged. This protects you against the cost of repairs or any legal proceedings that may be filed against you. Standard levels of cover are available from £1m to £5m, with additional levels of cover available upon request subject to terms and conditions.
Employers Liability cover
Required by law if you have more than one employee. Our employers liability cover for restaurants comes with a standard level of £10m indemnity cover and will protect you as the employer against claims from your staff should they be hurt when working for you.
Contents cover can protect your restaurants contents and stock as well as your customers and employee’s property.
Buildings insurance is available to protect the building should you own the property.
Loss of Licence cover
This covers you for loss of your licence due to a circumstance outside of your control.
Personal Accident cover
Personal Accident cover will help with your financials should you be injured whilst working and will help for a specific period of time that you are unable to work. The policy cover does carry limitations and policy restrictions and can cover up to five employees, and can be used as an employee benefit.
Further optional add-ons are also available if needed these can include deterioration of stock, business interruption insurance, legal expenses insurance and much more.
Benefits of having restaurant insurance
Its tough work running and owning a restaurant, you open your doors to both customers and risks. If your restaurant serves alcohol that can also at times cause potential problems such as assaults on your staff from customers or theft of your valuable stock and contents. The threat of food poisoning cannot be underestimated for restaurants as the majority of your business is all about selling and serving food to your customers. Restaurant insurance from the Insurance Octopus is designed to protect your restaurant from these and many other potential risks. And while we cannot of course stop any of these unfortunate events from happening, we can help you find a business insurance policy via our panel of leading insurers that provides the right level of protection for your restaurant.
Quick cover arranged in minutes
As a restaurant owner you’ll no doubt have many things on your plate so we appreciate that arranging your business insurance may not always be at the top of your mind. We believe that arranging your insurance should be quick and easy for restaurateurs; we compare quotes from a range of niche and leading insurers saving you both time and money.
Restaurant insurance specialists
When you’re considering taking out a policy, one of The Insurance Octopus restaurant specialists will discuss your business requirements with you and arrange the policy around your needs. We can provide you with your business insurance and documents on the same day in most cases, offering a range of flexible payment options, including Direct Debit. Speak to us today to get your competitive Restaurant Insurance quote.
Why choose The Insurance Octopus for Restaurant Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we offer up to £5 million worth of public liability insurance cover for restaurants. With more available upon request.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
A specialist who knows your industry
We'll connect you with an agent who specialises in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Restaurant Insurance FAQ's
Get the answers you're looking for
What is product liability insurance for restaurants?
As a busy restaurant serving food and drink you may be liable for a claim from a member of the public, arising from illness or injury from the sale of your products. A product liability insurance policy will provide an adequate level of cover for your business, should you be ordered to pay a settlement claim following a problem in the kitchen. The policy can also cover any foods which you sell to customers to eat at home.
Can I protect my restaurants outside areas against theft of outdoor equipment?
Many restaurants with outdoor areas invest in expensive outdoor equipment, which is open to the risk of theft. The good news is that your outdoor items are protected as standard within our contents insurance policies. Our contents cover will also offer protection against malicious damage, so that you can replace the equipment and keep your business looking great.
Do I need legal expenses insurance?
Legal expenses cover is a valuable insurance cover, which will provide protection to your business should you be subject to legal expenses from claims such as employee disputes, tax investigations and contract & debt recovery. The insurance will ensure your business is left in a stable position, by compensating you for all costs incurred during the legal process. Our team are always available to discuss the various options for legal expense cover, so your business benefits from a bespoke policy.
How insurance for restaurants works
Examples of Restaurant Insurance in action
A five figure discrimination case
A restaurant was taken to court by a female employee who alleged that she had suffered long-term and sustained sexual discrimination at the hands of a manager. The evidence presented in court made it clear that the incidents had taken place as described and the former employee successfully claimed for constructive dismissal. This left the restaurant liable for a five-figure payout that they were only able to make thanks to the Employment Liability Insurance that they had had in place for many years.