31
Jan

What is Important for Restaurants to Consider While Shopping for NJ Business Insurance?

Place of food

As a restaurant owner, its no secret that your business has some unique risks you must consider when shopping for NJ Business insurance.  Whether you have a big restaurant, or a small diner there are a couple different
insurance products that you may want to look into.

General Liability
This is huge – especially in the event of a customer accident (trips, spills hot substance on herself). New Jersey liability insurance would pay for such a claim.  Other claims include: choking, food poisoning, burns, etc.

Property Insurance
With property insurance you get coverage for your equipment, improvements, and building if you own
it.  If you are a renting the space,  then you will need to review your lease to see what
you are responsible for in case of a loss.

Business Income  
If
your restaurant business has to shut down for any reason you would
need this coverage to cover your costs and your own pay (minus expenses that you don’t incur during the loss such as
payroll). This is also known as business interruption.

Workers’ Compensation
Workers’ Compensation is a MUST in New Jersey! This will cover you and your business in the even one of your employees gets hurt on the job.

For Insurance in New Jersey, American Insurance Services Agency is
your Insurance Agent of choice. We offer affordable NJ auto, business
and home insurance coverage and policies.Contact us today online or by calling (732)  680-4444