Fine Dining Means Higher Stakes, a Utica First Business Owner Policy for Restaurants Protects Against Them
Restaurants are considered among the riskiest types of businesses with the thinnest operating margins. This makes safeguarding them with proper protection all the more important. At Utica First, we specialize in writing a wide variety of restaurant and food service businesses—from fast food/take-out to family-style, diners, and fine dining establishments.
The 4th C—Coverage
Many restaurant and food service business owners have likely heard of the three Cs —convenience, consistency, and connection. At Utica First, we believe there is a fourth C, coverage. Coverage is essential for all restaurant business owners to invest in for peace of mind so they can focus on operating and growing their businesses. This is especially true for fine dining owners, who are known for their fine-dining experience and need coverage that protects the value of buildings, furnishings, artwork, equipment, and food and beverages.
At Utica First, we understand the unique nature of the restaurant business, including the risks fine dining restaurant owners face. A Utica First Restaurant Business Owner Policy (BOP) can protect these business owners from financial loss should an unexpected event occur.
Restaurants We Write
We protect most types of restaurants—whether well-established or new ventures—from risks inherent in the industry. Risks must be “year-round,” and meet all requirements for hoods, ducts, and fire suppression systems (contracts for servicing and cleaning must be in place).
Standard Coverage
Our Restaurant BOP is a conveniently bundled package with protection for:
- General liability (bodily injury, property damage, personal and advertising injury)
- Property (physical location—owned or leased, fixtures, equipment, inventory)
- Business income (lost income due to disruptions in operations)
Optional Coverages
For added protection, we offer a variety of optional coverages that include:
- Appetizer coverage
- Liquor liability
- Cyber liability
- Equipment breakdown
Why Utica First
At Utica First, our policy is putting you first. We believe in the power of teamwork and the strength of our dedicated agents and broker partners. We are here to make your life easier and support your customers and your overall success.
If you have restaurant customers in the states of New York, New Jersey, Connecticut, Pennsylvania, Ohio, Maryland, Virginia, or Massachusetts, ensure your staff quotes Utica First on all qualifying restaurant and food service—including fine dining—prospects! More information about our Restaurant BOPs and the full list of what we write can be found at this link. #KeepingInsuranceSimple
