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Post-Pandemic Insurance Liability Considerations All Restaurant Owners Should Be Aware Of

Modern Restaurant Management

The impacts of COVID have been heavily felt by those in the restaurant and hospitality sector. Many restaurants turned to their insurance policies to provide protection for revenue reimbursement, (i.e., How Insurance Policies React.

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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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How Business Insurance Could Save Your Restaurant from COVID-19

Modern Restaurant Management

Some of our Washington and Oregon hospitality clients shut down early, while others waited for a government order; some shut down entirely, while some have tried to stay afloat by moving to to-go and delivery only. All of them have asked us for help in saving their businesses and helping their employees. Document Everything.

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Four Things Bar and Restaurant Owners Should Consider in their Coverage 

Modern Restaurant Management

With the laundry list of everything bar and restaurant owners need to handle on a daily basis, proper insurance coverage should be top priority. With the guidance of a skilled agent that is well educated in the hospitality industry, bar and restaurant owners should be able to let the experts lead the way.

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How Restaurants Can Prepare for a Safe New Year’s Eve

Modern Restaurant Management

While businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. There are a variety of laws and regulations that could impact a business in relation to service of alcoholic beverages.

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Pandemic Pivots Don’t Offset Restaurants’ Need to Manage Looming Risks

Modern Restaurant Management

These virtual brands have allowed restaurants to hone in on hot niche trends (anything chicken related, typically) with consumers. If they are payroll employees, they should get additional auto coverage; the restaurant is protected in the event of a driver’s accident. Cracker Barrel trialed a chicken and biscuit concept.

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New PPP Loan Insurance Covers Food Service Establishments if the SBA Later Finds They Were Ineligible for the PPP Loan Program

Modern Restaurant Management

Consider PPP loan insurance to cover damages, legal fees and fines if the SBA determines that your business was ineligible for the loan. Restaurants and other hospitality businesses took in more than $42 billion in U.S. Have 500 or fewer employees, taking into account any and all affiliates. percent of total distributed loans.

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