Every type of business needs insurance, but the specific coverage options depend on the industry. As a restaurateur, you may be wondering—what type of insurance do I need for a bar and restaurant? Svendsen Insurance is here to help!
What Insurance Is Required to Run a Bar/Restaurant in Connecticut?
Every insurance policy is unique to the business it covers, but some of the most common types of insurance a restaurant may need include the following:
- Property insurance—May offer financial protection if a restaurant’s property is ruined or damaged in an insurable event, such as a fire or theft
- Liquor liability insurance—May pay legal expenses and claims brought on by customers who were injured by an individual who was drinking at your establishment
- Worker’s compensation insurance—May pay for medical expenses and lost wages if an employee is injured on the job
- Business interruption insurance—May provide ongoing income if your business is forced to shut down or cover costs for relocating your restaurant temporarily
- Spoilage coverage—May provide payment if a power outage or equipment malfunction causes perishable food to spoil
- Equipment breakdown—May cover the cost of repairing equipment that has broken down for reasons other than improper maintenance
What Licenses and Permits Are Required to Run a Bar/Restaurant in Connecticut?
In addition to insurance policies, restaurants and bars in Connecticut need a list of licenses and permits, which may include the following:
- Food handler’s license (aka food service license)
- Catering business license
- Food facility health permit
Bar and Restaurant Insurance in Woodbridge, CT
Connecticut has many great restaurants; if you are one of them, you must have protections in place for the unexpected. Contact the experts at Svendsen Insurance to secure a comprehensive policy tailored specifically to your business.