Restaurant insurance in Alexandria, VA takes a variety of forms, but make no mistake, it’s something you absolutely need.  The food service industry can be an absolute minefield of uncertainty, and insurance is the best, most cost-effective way of protecting yourself from the unexpected.

Not all insurance policies are created equally, however, and finding the “right” restaurant insurance policy for your Alexandria, VA restaurant can be a daunting proposition.  That’s why you need an expert in your corner!

Ashcraft has decades of experience.  We’re an independent insurance provider, which means we’re not tied to any particular company.  Instead, we can work with you to assess your needs, and reach out to a number of different companies to find the perfect policy for you.

At a minimum, your restaurant insurance policy in Alexandria, VA should include provisions for:

  • General Liability – an umbrella policy that covers a wide range of customer complaints, including slips and falls, and food-related illnesses, whether they’re your fault or not
  • Property Liability
  • Food Contamination
  • Automobile Liability (if you’ve got one or more company vehicles)
  • Workers’ Comp (required by most states)

In addition to that, you may want to consider a life insurance policy as a means to protect your family and the successors of your business.  

Depending on where your business is located, you may also want to consider specific peril insurance, which covers many types of natural disasters that a conventional restaurant insurance policy in Alexandria, VA wouldn’t cover.  Note that fire insurance is covered under property liability, so specific hazard insurance would cover other types of disasters.

One other option to consider is loss of business insurance, which protects you if you lose sales through a specific cause, which can help you recoup some of the lost income, and may mean the difference between suffering a loss in a particularly hard year, and at least breaking even.

The sad reality is that most new businesses fail.  Sometimes, that happens because of lack of planning on the part of the business owner, but often, it’s the result of some unexpected calamity that simply swamps your ability to respond effectively.

While it’s impossible to predict every misfortune that could possibly befall your business, a high-quality, robust restaurant insurance policy can cover a wide range of bases for you, which will help set you up for long-term success, come what may.

Most people don’t think of insurance as a terribly exciting topic, and that’s fair, but it is an absolute necessity.  Owning your own restaurant is hard work, but it’s also a labor of love. You don’t want to see your dream come crashing down around you because you didn’t properly safeguard it.

We can help.  Give us a call today, and let’s talk about the possibilities.  You’ll be very glad you did!