It's true, we want your business!
We have some insurers who prefer to provide protection for well managed seasonal full service restaurants. (That usually tranlates into savings and understandings that make your life better.) Beautiful insurance policies have been written for our seasonal full service restaurant clients. The better you secure your property in the off season the better the options for year round insurance protection are.
Seasonally Secured Property Tips
Drain the water lines.
Install a smart thermostat.
Install smart security.
Vault higher value items.While you are busy keeping your superior service rating, you may rest assured that the insurance protection you may choose to arrange for your full service restaurant or pub can have many of the insurance options below in one package policy. Wouldn't it be nice to get insurance policies that cover your seasonal needs and react to your season variations so that you do not pay for insurance protection that you do not need? Where ever you may be found in Upstate New York we want to help you.
Contact DRickard Insurance at 607-843-8860 or insurance@drickardinsurance.com for your seasonal restaurant insurance needs.
We can help you with nicely priced products from many competing insurers.
When building a policy for this type of business be sure to tell us about there various things you will need coverage for.
- Your buildings - include your small sheds and knock down refrigeration units
- In the event of a major insured loss to the building what will it cost to set you up temporarily at that location or at a different location so that you do not miss the seasons business
- The equipment used in those buildings
- Inventory at all locations
- Discuss your menu with us and how food is prepared and kept fresh and safe from contamination
- How many locations do you have
- Refrigerated product total amount you will have at all locations at any given time
- Your total estimated sales for the year
- We will need the estimated number of employees you will have along with approximate payroll
Better than having you collect this information when available you may click the chat link (when available) and chat with a licensed insurance agent to develop your plan. Or ring us up at 607-843-8860 or email us at insurance@drickardinsurance.com.
What would be the best insurance for a seasonal business? That depends on the shop. Below is a list of some common insurance solutions. For more information on each item click here.
- Coverage Options Available:
- Building
- Glass - Most often what we see is that the shop does not own the building it occupies. This is even the case when the building and the shop have the same ownership. Usually the windows are contractually the responsibility of the store tenant. Because of this, a special endorsement may be needed on your policy protecting you from this contractual liability.
- Business Personal Property
- Fixtures - Many times you must upgrade the building you occupy by attaching fixtures, beautification and lighting elements to the building. This now makes the enhancements part of the building. To cover your interest in these a special endorsement may be needed on your policy.
- Inventory -
- Refrigerated Products/Spoilage - To get this coverage at the best price you should keep an active contract with your HVAC up to date and have your refrigeration and freezing units serviced regularly.
- Property of Others - Refrigeration, beverage systems and display cases are often provided by your vendors. You are responsible for them, therefore you need to insure them.
- Loss of Use of premises
- Additional Expenses - In the event of a loss not only do you lose the use of the premises, your expenses increase as you try to keep you customers. This is especially the case of a wholesale confectioner. Serious consideration of this coverage is needed if this is your concern.
- Liability
- Commercial General Liability
- Personal Injury Liability
- Products Liability - Is especially important when food and prepared food is your product. There are some policies that do not include this type of liability. Yet another reason you should contact DRickard Insurance for you Confectioner Insurance needs. Give us a call at 607-843-8860.
- Cyber Liability - You have a legal responsibility to protect consumers from there information being stolen. If it is stolen you have a legal responsibility to help the possibly harmed consumers. A loss could financially cripple you business. You take credit cards for payments all day long. Criminals want that information and are trying to get it. Your staff may be one of those criminals you need this protection!
- Liquor Legal Liability
- Identity Theft and Cyber Crime - Both businesses and persons are falling victim to these crimes. The more your information is digitally available the more you, your customers, and your business is exposed. The government has made rules about how a business must protect the public and what the business must do if there is a security breach. In many cases an uninsured breach will destroy your company.
- Business Auto - Some restaurants have delivery. Even if it is with the owner's personal auto. Often times employees may be asked to run errands. For this reason even small candy shops need forms of auto insurance. Even if it is hired and non-owned auto. Also, the business should maintain abstracts of every driver's Department of Motor Vehicles report updated at least annually. If a driver has a poor driving history they should no longer be allowed to drive the business auto or for the business even using thier own auto.
Premium Saving Ideas
- Pay in full
- Trade association discounts
- Sprinkler system discounts - Qualifying systems save you from 10% to 40% depending on the details on your restaurant insurance premiums.
- Multiple Policy discounts - When we place a combination of your Business Owner's Policy, Commercial Auto Policy, Worker's Compensation Policy and perhaps others with the same insurer we can often build up savings on the package of insurance.
Employment Insurances
- Workers Compensation - Required of all employers in New York State. NYSIF is not your only option. Qualifying restaurants may be eligible for Restaurant Safety Group insurance that significantly saves its members on net cost dollars.
- NYS DBL - A short term disability policy required of all employers in New York State
- The policy we sell most may include at your discretion many benefits you usually only see in other optional benefit policies at a comparative savings.
- Optional Employee Benefits
- Retirement
- Employer Funded
- Employee Funded
- Both Employer and Employee Funded
- Life
- Disability
- Long Term (to age 65)
- Short Term (24 month benefit period
- Key Employee
- Business Overhead Protection
- Buy Out
DRickard Insurance has many insurance companies willing to work with Seasonal Food Service Businesses. Insurance packages may be found through our agency.
Once again, we see that one size does not fit all. Please contact us at 607-843-8860 or insurance@drickardinsurance.com so we can build a customized insurance package you help design for your own needs. Insurance products to consider include coverage for:
We are happy to arrange insurance for restaurants from the seaways, lakes and rivers, all the way to the high peaks of the Adirondack mountains. So if you are anywhere in New York State with your season food business this insurance agency wants to do business with you and we want to make your insurance experience informative and enjoyable.
We work hard to be your favorite insurance people and source for all of your insurance needs. By doing most business over the internet and through the mail we save our customers time and money.
Costs, what are the average costs? Many times small start up restaurants and mobile food vendors are covered to the extent the owner wishes for under $500. However this may not be enough coverage for restaurants. There is also the need for employment insurances for candy shops like Workers Compensation and New York State Disability. We have seen some start up workers compensation and New York State disability policies combined cost under $1,200 per year. The way your business works and your business strategy should be considered when creating your insurance protection strategy. We want to build a insurance plan for you. Contact us at 607-843-8860 or insurance@drickardinsurance.com for an insurance plan designed to fit your business strategy and needs.
More Seasonal Specialty Businesses Served:
Cart Vendors Hamburgers Ice Cream
*Fees will be charged for products that we do not sell directly or for representing you to insurers as a broker, for consulting service where no insurance product is sold, or for handling NYSIF Workers Compensation policies in any capacity.