“Nothing goes perfectly, especially when you’re opening a restaurant.”
- Bobby Flay
Whether you just launched your first restaurant or are starting to franchise, insurance is critical to ensure you are covered for liability, property and other circumstances that may arise out of the course of running your restaurant. Many policies are required by contract such as signing a lease, vendor requirements, hiring employees, or closing a loan. Here at NextGen, we believe that understanding, securing and maintaining insurance should be simple and we aim to accomplish that with you in mind. Contact us no matter what stage you are in to see how we can work together.
Common types of Restaurant coverage
General & Liquor Liability.
Slip and falls and sip and falls can happen not matter how hard to try to avoid them… General Liability and Liquor Liability protect you from the unexpected.
Property.
Most restaurants spend thousands of dollars on equipment, improvements and contents. Property insurance is essential to protect your investment.
Workers’ Compensation.
Workers’ compensation insurance is required in most states and necessary to protect you and your employees.
Employment Practices Liability.
Studies show that you are more likely to be sued by an employee than a patron. Employment Practices is more of a necessity than a nice to have coverage…