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Basics of Business Interruption Insurance

Modern Restaurant Management

Property Insurance + Business Interruption Insurance. Property insurance covers the replacement or repair of your business’s damaged physical property. Policies vary depending on the type of event leading to a loss and what, specifically, is insured. Business interruption starts where property insurance leaves off.

Insurance 461
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How Insurance Needs Differ for Traditional Restaurants v. Mobile Food Businesses 

Modern Restaurant Management

Traditional sit-down restaurants and mobile food businesses have uniquely different needs when it comes to insurance. While there is some overlap in coverage needs, it’s important to understand the differences when it comes to insuring your business. Traditional Sit-Down Restaurant Insurance Needs. Advertising protection.

Insurance 474
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Assessing Coronavirus Insurance Coverage Risks for Restaurants

Modern Restaurant Management

For that reason, restaurant and business owners typically carry business income coverage, also referred to as business interruption coverage, which is insurance coverage intended to replace lost income in the event business is halted or interrupted for some reason, such as a natural disaster.

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How Restaurants Can Attract and Retain Workers Tempted by Retail Holiday Job Offers

Modern Restaurant Management

Amazon, for instance, is advertising sign-on bonuses of up to $3000 for seasonal help. Highlighting benefits you provide for full-time workers – benefits likely unavailable to part-time holiday retail help, such as health insurance, tuition reimbursement and retirement accounts.

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Lessons from the Pandemic and the Road Forward for Hospitality

Modern Restaurant Management

As a compromise, tenants are agreeing to pay at least the maintenance, taxes and insurance with rent being prorated based upon the level of occupancy permitted by the government restriction. However, there should now be a greater emphasis on better financial planning and enhanced insurance benefits to cover unexpected business interruption.

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What Restaurant Owners Need to Budget for in Food Delivery Services

The Rail

Restaurant owners must consider risks like increased insurance costs and potential wear and tear from extensive use if they opt to use a personal vehicle. If you purchase or lease dedicated delivery vehicles, consider additional expenses such as maintenance, insurance, and fuel.

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Insurance Agent Advertising

Indoor Media

As an insurance agent, building familiarity with consumers well before they need your service is an integral part of making the final sale. Why Shopping Cart Advertising Works. Shopping cart ads work because they are impossible to miss, and an insurance agent that has a strong local presence is one consumers feel they can trust.