Three Basic Types of Champaign Restaurant Insurance

Three Basic Types of Champaign Restaurant InsuranceThree Basic Types of Champaign Restaurant Insurance

Whether you are a veteran Champaign restaurant owner or are experiencing the thrill of opening your first restaurant, it is important that you insure yourself against inherent risks within the industry. On any given day, your restaurant has the opportunity to be hit with claims of food contamination, employee discrimination, and more. It is important to understand that Champaign restaurant insurance is available and essential.

Here are three restaurant insurance policies you should consider purchasing:

1. General Liability

General liability insurance is likely the most important type of policy to carry as a restaurant owner. This type of insurance covers claims such as accidental injury to a non-employee (e.g., consumer slips and falls) and property damage. It also typically covers the cost for legal defense. Other claims that may be protected under general liability are false advertising and copyright infringement. Be sure to ask your insurance agent for specific coverage details.


2. Workers Compensation

Restaurant insurance in Champaign IL is not complete without workers compensation coverage. With all of the hurrying that happens in restaurants to ensure customers are happy, there is bound to be an employee accident at some point during your operation. Workers compensation coverage is necessary to provide wage replacement for your employees who are injured on the job. It may also pay for any medical costs associated with their injury.


3. Employment Practices Liability

In a world of growing lawsuits, it is becoming increasingly popular for many companies to carry employment practices liability insurance. This insurance protects against claims such as sexual harassment, wrongful termination, race discrimination and more.

Consult Myers Insurance Group today to find out more about these three Champaign insurance policies. If you need to purchase restaurant insurance in Champaign IL, it is generally advised to carry these three basic coverage options.

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