Restaurant Insurance

restaurant insuranceAt your restaurant, you offer your customers your own unique fare.

We offer a restaurant insurance program to protect your customers, your employees and your restaurant, including…

  • Fine Dining
  • Family-oriented Restaurants
  • Cafes
  • Delicatessens or sub shops
  • Pizza Restaurants
  • Supper Clubs

Qualifications:

  • Liquor sales are 30% or less of total annual sales (up to 40% for fine dining establishments)
  • Maximum total property limit per location $1,500,000 (frame construction)
  • Maximum total property limit per location $2,500,000 (other than frame construction)
  • Full compliance with NFPA Standard #96 for cooking equipment protection and with NFPA life safety code
  • Three or more years successful operation at its current location

Ineligible operations:

  • Fast food franchises other than delicatessens or sub shops
  • Operations that offer daily buffet
  • Operations open 24 hours
  • Operations with live entertainment (bands, DJs, karaoke, dancing)
  • Operations that are primarily bars/taverns
Protect your business with these Property / Casualty insurance coverages:

 

  • General Liability
  • Damage to the property of others
  • Employment Practices Liability
  • Property
  • Crime
  • Inland Marine
  • Auto
  • Umbrella
Property Coverages Available:

  • Food Contamination – $10,000 limit (Advertising Expense limit of $3,000) – included, higher limits available
  • Actual Loss Sustained Business Income for up to 12 months
  • Equipment Breakdown including breakdown of computer equipment
  • Extended Replacement Cost

Plus Pak Endorsement Property Options:

  • Accounts Receivable – $250,000
  • Attached Outdoor Signs – included
  • Change in Temperature or Humidity – $50,000
  • Debris Removal – $50,000
  • Detached Outdoor Signs – $10,000
  • Electronic Data Processing Equipment & Software – $25,000
  • Employee Theft – $5,000
  • Extra Expense – $25,000
  • Fine Arts – $25,000
  • Fire Department Service Charge – $250,000
  • Fire Extinguisher System Recharge Expense – no dollar limitation
  • Forgery or Alteration – $5,000
  • Lock Replacement – $2,500
  • Money and Securities – $5,000
  • Newly Acquired or Constructed Property – up to $1,000,000 building / up to $500,000 personal property (30 days)
  • Off-Premises Utility Failure – Water supply, communication supply, or power excluding overhead lines
  • Ordinance or Law
  • Outdoor Fences – included
  • Outdoor Property – $10,000 ($500 limit per tree, shrub or plant
  • Peak Season – 80% coinsurance required (increased to 50%)
  • Personal Effects – $25,000
  • Property of Others – $25,000
  • Pollutant Clean Up and Removals – $25,000
  • Portable Tools – $25,000 ($5,000 limit to you or any employee)
  • Premises Boundary – 1,000 feet
  • Property at Fairs or On Exhibition – $50,000
  • Property in Transit in or on a Vehicle Owned, Leased or Rented by Insured – $25,000
  • Property in Custody of Sales Representative – $25,000
  • Property Off Premises – $100,000 (up to 90 days)
  • Rewards – $25,000
  • Spoilage – $10,000
  • Valuable Papers and Records (other than electronic data) – $250,000
Liability Coverages Available:

 

      • General Liability
      • Liquor Liability
      • Employment Related Practices Liablity
      • Employee Benefits Liability

Plus Pak Liability Endorsement Options:

      • Broadened Supplementary Payments – $1,000 bail bonds; $300/day other expenses
      • Building Owner as Additional Insured – may be added at no charge
      • Damage to Premises Rented to You – $300,000
      • Extended Non-owned Watercraft – up to 51 feet
      • Stop Gap Liability
      • Voluntary Property Damage – $2,500
      • Bodily Injury Redefined – includes mental anguish
      • Liberalization Clause – included
Inland Marine and Crime Coverages Available:

 

      • Accounts Receivable
      • Electronic Data Processing – Hardware, Software, On- and Off-Site Web Servers and Software, Business Income and Extra Expense, and Interruption of Web Site Coverage
      • Fine Arts
      • Valuable Papers and Records

Crime coverages available:

      • Money and Securities
      • Employee Dishonesty
      • Forgery and Alteration
      • Computer Fraud and Funds Transfer Fraud

Other Insurance Options available:

    • Scheduled Property
    • Umbrella – delivery must be without time constraints
    • Commercial Auto – delivery must be without time constraints
    • Workers Compensation – delivery must be without time constraints

Affordable Insurance Coverage

Our specialty business insurance coverage offers convenient, no interest payment options with flexible payment terms. So it’s easier to manage your bottom line.

Flexible Payment Terms—Pay as little as monthly

Choose the payment option that fits your budget. Because sometimes a smaller monthly payment is easier on you.

  • Annual
  • Semi-annual
  • Quarterly
  • Down payment plus 9 equal payments (10 payments)
  • Monthly (12 payments)

Convenient, No Interest Payment Options

Pick the method that works best for you…

  • Electronic funds transfer—$1 fee per installment
  • Online or by phone—$7 fee per installment
  • Charge to credit card—$7 fee per installment

Prefer to Manage Only One Bill?

Complete coverage may be available for your business insurance needs in one comprehensive insurance package. Call or email Kevin Morency today and receive a quick turnaround on your quote. Note: Some payment options may not be available in all states.

Phone or email Kevin Morency or Rebecca Morency to get started on your quote. Since each restaurant operation is unique, we will discuss your needs and can tailor an affordable business insurance solution that offers peace of mind, yet still deliver a quote quickly.

Morency & Associates, Inc.
1194 Long Hollow Pike
Gallatin, TN 37066

615-452-4532       (Office)
877-244-9090  (Toll-Free)
630-240-4299     (Mobile)
615-452-6580           (Fax)
Kevin Morency      (Email)
Rebecca Morency (Email)

areas served