Insurance for Restaurants

GNY understands the unique needs of the restaurant industry. Our commercial package combines property and general liability insurance with coverage enhancements specific to your industry – all in one convenient policy. Optional coverages are available to further customize your insurance program.

Our package policy is designed for:

• Family style restaurants
• White tablecloth restaurants
• Chain restaurants
• 24-hour diners

Coverages include: 

• Property Insurance - Covers damage to a building and its contents due to a covered event, such as a fire. Also insures against losses associated with mechanical and electrical system breakdowns, a business interruption, and more. 

• General Liability Insurance - Provides legal defense and coverage for claims of bodily injury caused by accident, associated medical costs, and for certain Personal and Advertising Injuries.
• Limits up to $1 million per occurrence
• $2 million aggregate
• Medical payments available up to $10,000
• Umbrella limits up to $15 million
• Liquor legal liability
• Industry-related enhancements - More than 20 enhancements are added to the policy to address the unique insurance needs associated with restaurants. Enhancements include but are not limited to:
• Accounts receivable
• Counterfeit paper currency
• Debris removal
• Electronic data
• Employee Dishonesty, Forgery, Money, and Securities
• Ordinance or Law
• Off-premises power
• Outdoor signs
• Spoilage and supplemental refrigerated food coverage
• Valuable papers
• Identity theft recovery

Optional coverages:

Your business is unique. That’s why we offer additional coverages to further customize your insurance program, including:

• Commercial Auto (owned/non-owned/hired cars) 
• Commercial Umbrella
• Crime
• Adding Property Managers for Crime Coverage
• Cyber Liability
• Data Compromise
• Directors & Officers
• Employment Practices Liability 
• Workers’ Compensation

Please refer to the insurance policies themselves for a complete description of the coverages, limits, conditions, and exclusions.

Not all products are available in all states and not all products are available in all multi-peril packages offered by GNY Insurance Companies. Please consult with your GNY affiliated broker for further information.