Restaurant Insurance

Protecting Your Restaurant, So You Can Focus On The Menu

Western Financial Group is an award-winning brokerage. We work with Canada’s leading insurance partners to get you the right coverage and value. In the restaurant business, insurance is the secret ingredient.

What is insurance for restaurants?

Restaurant insurance is designed to protect restaurants from risks and liabilities that they face involving their customers, suppliers, and members of the public that can lead to lawsuits and costly repairs. It provides coverage for unforeseen events such as fire, theft, vandalism, cyberattacks, and severe weather and helps financially protect restaurant owners against legal action.

Our insurance expertise will benefit your business

Your restaurant, big or small, will be protected against fire, theft, property damage and third-party liability.

We have specialized business interruption insurance that covers you if you need to close your restaurant for an incident like a fire, flood or break-in. You’ll get paid while you’re rebuilding, even if that takes up to 12 months. We also have additional options to extend to 24 or 36 months for added security.

The most important type of insurance you need as a restaurant owner is Commercial General Liability. If you serve alcohol at your restaurant, you need to carry liquor liability insurance. Liquor liability insurance covers losses or damages due to alcohol-related injuries or accidents.

What businesses need Restaurant Insurance?

Bars, Breweries and Pubs
Bakeries
Buffet Restaurant and Diners
Caterers
Coffee Shops and Cafes

Commercial Kitchens
Fast Food Restaurants and Drive in Thru
Food Trucks
Ghost Restaurants
Pizzerias

What kind of risks does commercial general liability cover?

This type of insurance helps protect your restaurant from a loss if you’re found legally liable for bodily injuries or property damage to a customer/supplier.
CGL can help pay legal and medical costs if a customer is injured at your restaurant; for example, they slip on wet floor or on an icy patch on your restaurant’s sidewalk.
Also CGL will help protect you from libel, slander, copyright infringement, and false advertising allegations.
Medical bills if someone is injured
Legal and settlement costs of liability lawsuits filed against you

What other insurance coverages can I get for my restaurant?

Liquor liability
Premium business interruption insurance
Commercial building and contents insurance
Cyber Insurance
Product liability insurance
Commercial auto insurance

Did you know that Western offers a variety of insurance programs tailored specifically for restaurants?

Our insurance experts are here to help you find the perfect coverage at the best value, saving you money while protecting your business.

How much CGL insurance do I need?

It’s not uncommon that your restaurant would carry at least $2 million in CGL coverage, and more depending on the size of your eatery.

The size of your restaurant, number of employees, and claims history will be factors in how much liability insurance you need.

Equipment breakdown insurance: Your restaurant business likely has expensive electrical and mechanical equipment to keep your products either frozen or refrigerated.

This type of insurance provides coverage for property damage from the sudden and accidental breakdown of insured equipment not automatically covered by a standard commercial property policy.

Equipment breakdown insurance under the Juno program offers equipment breakdown coverage to repair cooking and office equipment when it stops working for sudden reasons. Starting around $5 a month, it’s an affordable add-on.

Liquor liability

For restaurants that serve alcohol, liquor liability coverage under the Juno program protects your establishment from losses, damages, or other expenses arising from the injury or death caused by an intoxicated customer.

Product liability insurance: If a customer gets sick after eating your food, product liability insurance can help cover the cost of the customer’s medical expenses and your legal and court-related costs to defend yourself.

Premium business interruption insurance

Under Western’s Juno restaurant program, business interruption insurance covers you if you need to close your restaurant for an incident like a fire, flood or break-in. You’ll get paid while you’re rebuilding, even if that takes up to 12 months. We also have additional options to extend to 24 or 36 months for added security.

Commercial building and contents insurance

Commercial property insurance acts as a safety net, guarding your eatery from unexpected events like fire, theft, or vandalism. It's not just the physical structure that's protected, but everything inside and out that keeps your restaurant running smoothly.

Cyber insurance: If you process debit and credit card transactions, online or in person, you need cyber insurance. Your system could be vulnerable to cyberthieves.

Without cyber insurance, you will have to pay out of your pocket for the cost of restoring your system if it’s hacked.

You may also be liable for damages to third parties whose information has been stolen and you may have to pay for notification expenses to inform customers affected by a breach.

Commercial auto insurance: If you have a business car, van, or truck that you use for your restaurant business, it won’t be covered by your personal car insurance policy. You will need commercial coverage as part of your insurance package.

How much does restaurant insurance cost?

There isn’t a one-size-fits-all price for restaurant insurance.

Factors that will determine the cost of your restaurant insurance are:

Years of experience
Location(s) of your restaurant
Equipment on premises
Do you serve alcohol?
Annual revenues
Number of employees
Any past insurance claims

What if my fast food restaurant delivers food via a third-party app and I get sued?

As the business owner, the liability falls back on you for any products sold through any platform. Read through the agreement you have with the third-party delivery provider to see if there could be any terms and agreements that remove your liability once your fast food restaurant’s food enters the delivery car.

How will a restaurant insurance package protect my business?

You need to protect your restaurant from the potential risks associated with its daily operations.

Without business insurance, you would have to cover these costs out of your own pocket. Can you take on that kind of risk?

A restaurant insurance package can help protect you from these 3 common claims:

A customer slips and falls in your restaurant due to a wet floor, breaks an ankle and sues you.
An employee steals cash from your restaurant.
A customer says your food made them sick.

More Claims that Restaurant Insurance Protects You Against.

Why choose Western?

When you get your insurance coverage through us, we will send you the certificate of insurance right away, so you can focus on what you do best. It’s easy, fast, and customized. Get an online quote, text, email, or phone call. Choose what works for you.

Get a Quote TODAY!