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10 Risks Every Restaurant Owner Needs Extra Coverage for

As a restaurant owner, you face risks many other small business owners don’t. And that makes having the right insurance all the more important.

Standard insurance policies often include coverage for your building, your business personal property, the personal property of others in your care and most liability risks.

Yet there are other coverages worth considering that aren’t automatically included in your main policy. These “extras” are typically offered as endorsements—documents attached to an insurance policy that expand or restrict coverage. (In this example, they all expand coverage.)

Here are the 10 risks that restaurant owners should consider covering by endorsement:

  1. A food contamination incident
  2. Liquor liability that covers accidents caused by intoxicated customers
  3. A wrongful termination, sexual harassment or other discrimination allegations
  4. Sewer and drain backup
  5. Employee dishonesty and theft
  6. Dish and glass breakage
  7. Direct damage to property and loss of income resulting from an off-premises utility failure
  8. Automatic increase for business personal property limits during your peak season
  9. Accidental leaking of fire protection systems
  10. Check, credit, debit or charge card forgery or alteration

Erie Insurance offers coverage for risks like these by endorsement. In fact, risks numbered 4 through 10 are bundled into one affordable endorsement created just for restaurants.1 

ERIE offers specialized coverage for restaurant owners through The ERIE Custom Collection® Restaurant Program. This program offers you a specialized suite of products and services for better protection and peace of mind. Learn more about protecting the business you worked so hard to build by contacting your local ERIE agent.

1Certain terms and limitations may apply. See individual policies for specific coverage details. Refer to ERIE’s disclaimer.

ERIEĀ® insurance products and services are provided by one or more of the following insurers: Erie Insurance Exchange, Erie Insurance Company, Erie Insurance Property & Casualty Company, Flagship City Insurance Company and Erie Family Life Insurance Company (home offices: Erie, Pennsylvania) or Erie Insurance Company of New York (home office: Rochester, New York).  The companies within the Erie Insurance Group are not licensed to operate in all states. Refer to the company licensure and states of operation information.

The insurance products and rates, if applicable, described in this blog are in effect as of July 2022 and may be changed at any time. 

Insurance products are subject to terms, conditions and exclusions not described in this blog. The policy contains the specific details of the coverages, terms, conditions and exclusions. 

The insurance products and services described in this blog are not offered in all states.  ERIE life insurance and annuity products are not available in New York.  ERIE Medicare supplement products are not available in the District of Columbia or New York.  ERIE long term care products are not available in the District of Columbia and New York. 

Eligibility will be determined at the time of application based upon applicable underwriting guidelines and rules in effect at that time.

Your ERIE agent can offer you practical guidance and answer questions you may have before you buy.