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2022 Restaurant Insurance Update

Modern Restaurant Management

restaurant sector is gaining steam after coming out of a two-year pandemic that shuttered doors and curbed eatery revenues dramatically. According to the National Restaurant Association , the dining industry should generate $899 billion in revenues in 2022. What are the big insurance issues impacting restaurants going forward?

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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.

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2021 Restaurant Insurance Outlook

Modern Restaurant Management

restaurant industry has a loaded plate as 2021 picks up steam – especially from an insurance and financial protection point of view. “The prospects for fine dining and sit-down restaurants are going to remain strained for all of 2021,” said Doug Groves, founder at Program Insurance Group, in College Station, Tex.

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Ready for Takeoff: The Promise and Challenges of Restaurant Drone Delivery

Modern Restaurant Management

During a pandemic, drone delivery may also enable restaurants to serve customers who feel uncomfortable picking up food from a restaurant or having a delivery drivers come to their homes. In November of 2016, Domino’s began experimental drone pizza deliveries in New Zealand. The first is a waiver of Part 107.31

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2021 Restaurant Insurance Outlook: Updated

Modern Restaurant Management

restaurant scene. restaurant sales experienced a “healthy” increase in total sales in July, 2021, according to Restaurant.org. restaurant staffers were either laid off or furloughed, with the entire industry losing $280 billion in sales during the first 13 months of the pandemic. For the original article, click here.

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How Business Insurance Could Save Your Restaurant from COVID-19

Modern Restaurant Management

This world-altering development—part of a rational and effective public health strategy to slow the spread of disease and help our health care system cope with the devastating illness—has also been a widespread and immediate economic disaster for the nation’s restaurant and food service sector. Document Everything.

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Is It Time to Reevaluate Your Restaurant or Bar Insurance?

Modern Restaurant Management

One thing is for sure, those in the restaurant industry are well-poised for resiliency in the face of challenge — and they have overcome some real hurdles in the past year. Restaurants that could quickly evolved to offer take out and curbside service and delivery options — and to-go cocktails became part of those offerings.

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