Thriving in the food services industry can be a challenge, even under the best of circumstances, but it’s an exciting labor of love.  One thing you definitely don’t want to do is to go without restaurant insurance for your Maryland restaurant though.

A robust insurance policy will help you weather whatever unexpected storms you might encounter as you grow your business into a thriving enterprise you can pass down to your children, or sell at a handsome profit when you’re ready to leave the game and retire.

So what makes a “good” restaurant insurance policy for your Maryland restaurant?

While there are no cookie cutter solutions, there are a number of common elements that all business owners need to protect against.  These include:

General Liability – This is an umbrella policy designed to protect you against a variety of common customer complaints including instances of food-related illness (whether your fault or not), slips, falls, and related issues.

Workers’ Compensation Insurance – This policy is required by most states, and is designed to protect your employees in the event of a work-related injury.

Property Liability – Another very common element of a good restaurant insurance policy for your Maryland business, this protects you against common hazards like fire that may threaten your business’ physical assets

Food Contamination – A policy that protects you against loss when you suffer food spoilage issues.

While those are the basics, there are a number of other elements you should also consider.  These include:

  • Auto Liability – if you have one or more business vehicles
  • Liquor Liability – If your restaurant serves alcoholic beverages
  • Loss of Business Insurance – To help protect you against any unexpected hazard not covered elsewhere
  • And Specific Hazard Insurance – May or may not be necessary, depending on where, specifically, your business is located

The bottom line is, crafting the “right” restaurant insurance policy for your Maryland restaurant can be a daunting task.  The good news is that you don’t have to go it alone. One call to Ashcraft Associates, and you’re well on your way to being protected.

We’re an independent agency, so we’re not tied to a specific company, and can reach out to several on your behalf to get you exactly the protection you need at a price you can afford.

Even better, we handle a lot more than just restaurant insurance.  We can also help you with:

  • Auto, home, and personal insurance
  • Life and health insurance
  • Group and employee benefits

Also, if you’re not sure you’re on track to meet your long term financial goals, our Financial Services division can help ensure that your Golden Years are golden indeed!

You don’t have to go it alone.  You’ve got a friend and ally in Ashcraft Associates, and we can’t wait to help you achieve your dreams.