Fast Food Restaurant Insurance

Do you run a fast food restaurant and need an insurance policy to protect your business from everyday risks? To help you find the right coverage for your fast food restaurant, our experienced insurance agents will do a full assessment of your business to identify your unique business risks. From there, they’ll be able to recommend the right coverage for your restaurant and present you with the most competitive quotes.

  What Is Fast Food Restaurant Insurance?

As you might have guessed, it’s a tailored type of insurance to meet the unique needs and risks associated with operating a fast food establishment. Fast food insurance typically protects your restaurant from accidents, property damage, employee injuries, and other unforeseen events.

  What Is A Fast Food Restaurant?

Wondering if your restaurant falls into the category of fast food? A fast food restaurant is a type of eatery that offers quick, affordable, and convenient meals. Here are a few examples below:

• Burger Chains
• Pizza Places
• Sandwich Shops
• Chicken Restaurants
• Coffee and Bakery Chains

  Insurance For Fast Food Restaurants

Running a fast food restaurant involves various risks, from customer injuries to property damage. To protect against these potential losses, it’s essential to have comprehensive insurance coverage. This section outlines the key types of insurance for fast food restaurants, explaining the importance of each and providing relevant examples of common claims. Understanding these coverages can help restaurant owners ensure their businesses are adequately protected against unforeseen events.

General Liability Insurance

General liability insurance is a crucial coverage for your fast food restaurant, protecting you against claims of bodily injury, property damage, and personal injury.

For example, if a customer claims to have fallen ill after consuming food from your establishment. General liability insurance will help cover the costs of defending against such claims and any settlements or judgments that may arise.

Commercial Property Insurance

Commercial property insurance is designed to protect your physical assets located at your fast food restaurant. This includes the building, kitchen equipment, furniture, inventory, and can extend to signage or outdoor fixtures.

Property Insurance is essential in the event of damages caused by fire, theft, vandalism, or natural disasters like storms. For instance, if a fire breaks out in the kitchen and damages cooking equipment and inventory, commercial property insurance would help cover the costs of repairs and replacement.

Commercial Auto Insurance

Fast food restaurants that offer delivery services or rely on company vehicles for supply runs need commercial auto insurance. This coverage protects against liability and damage involving the restaurant’s vehicles.

For example, if a delivery driver is involved in an accident while on the job, commercial auto insurance would cover the repair costs for the vehicle, medical expenses for the driver,  and any third parties involved.

Workers’ Compensation Insurance

Workers’ compensation insurance is mandatory in most states and is essential for protecting your restaurant’s employees. This coverage provides benefits to employees who suffer work related injuries or illnesses, covering medical expenses, rehabilitation costs, and lost wages.

If a cook suffers a severe burn while preparing food, workers’ compensation insurance would cover their medical treatment and a portion of their lost wages while they recover.

  Fast Food Insurance Costs

The cost of insuring your fast food restaurant can vary based on several factors including the size of the restaurant, revenue, its location, the types of coverage needed, and claims history.

So if you want to get an exact policy price, feel free to get in contact with our agents, who will be able to provide you with an online quote. To get a rough idea, here are some estimates below:

Average Restaurant Insurance Cost

• General Liability Insurance: Typically ranges from $850 to $3,000 per year, depending on the restaurant’s size and risk factors.
• Commercial Property Insurance: Can range from $1,000 to $4,500 per year, influenced by the value of the property and equipment insured.
• Commercial Auto Insurance: Generally costs between $1,200 and $2,500 per year for each vehicle, depending on usage and driving records.
• Workers’ Compensation Insurance: Costs vary significantly based on the state and the number of employees, but usually ranges from $2,000 to $5,000 per year for a small to mid-sized restaurant.

Get A Quote Today

We encourage you to contact our specialists if you want policy advice or an exact cost for food manufacturers’ insurance.

We understand the risks associated with owning a food business. Our agents can reduce policy prices through additional discounts of 10% to 15% from the instant quotes you receive, so please take the time to call us to review your quotes.

We provide the finest comprehensive plans for your business by providing:

• Knowledgeable, licensed insurance agents
• Same-day coverage in most instances
• Coverage from A-rated insurance companies
• Ability to offer policies nationwide
• The lowest price for the best Insurance coverage in the industry