Customized Options for Restaurant Owners

T.W. Morgan Insurance Services Restaurant insurance program helps protect you from the risks you face as a restaurant owner. From food spoilage caused by equipment breakdown, fire damage, to employee or customer injuries, we have programs for all types of restaurants. Some of our categories include Fast Food, Fine Dining, Casual Dining, Food Carts and Lunch Truck operations and more.

T.W. Morgan Insurance Services Restaurant Owner's Package can be designed based on the challenges that you face as a restaurant owner. We also offer liquor liability coverage including those who only need beer and wine coverage required by your state liquor control office.

Common coverage for Restaurant owners need to protect their business:

Business Property

Business Property insurance covers losses if a fire, hail or another event damages your building and equipment, which could force you to close your restaurant's doors. It covers your restaurant location and inside contents including fixtures, furniture and valuable restaurant equipment.

Protect Where You Do Business

Whatever each new day brings, T.W. Morgan Insurance Services Business Property Insurance is still your best defense against unexpected occurrences such as fire, hail, windstorms, and other natural disasters. Key coverage examples include:

  • Building Coverage
    You find success in your store, office, factory, and / or other locations. Then a major fire renders your place of business unsafe for you and your employees. Business Property insurance will make certain your damaged building is repaired or rebuilt quickly so you avoid losing income and preserve both the equity and your future.
  • Business Personal Property Insurance
    The loss of any property you own or create for sale affects your bottom line. If a windstorm damages any of these items, Business Property insurance can help you replace everything from computers and inventory to equipment and tools.
  • Business Income
    T.W. Morgan Insurance Service programs provide coverage to keep your business operating until goods and services are being produced again. This insurance not only replaces lost business income while the office and its contents are being rebuilt and replaced, but it can also cover the operating and payroll expenses necessary to keep you and your business on your feet after a loss. You can even elect Extended Business Income Coverage, which helps replace lost business income for an extended period of time after your business operations resume.

Business Liability

Choose Business Liability insurance for accidents, mistakes or injuries that may occur at your restaurant. This may include a customer's claim of a broken tooth or illness because the food served at your restaurant was tainted.

Minimize Your Business Risks

Everyone makes mistakes, and unintentional accidents in your business may lead to injuries that can be physical, financial, or psychological. Anyone who comes in contact with you or your employees can file a claim or lawsuit against you for many reasons, from funds needed for ongoing medical attention to unfulfilled promises stated in a business contract.

Business Liability insurance helps your business stand strong through challenging situations by covering the associated cost of legal defense and legal damages you are obligated to pay, up to the policy limits selected. Connect with a representative or our agency who's an expert in working with business owners, and select from a wide range of options that fit your individual business insurance needs.

Many scenarios, one solid, customized solution

Your unique business faces a wide range of unpredictability, and Business Liability insurance can help businesses mitigate potentially devastating lawsuits. Coverage examples include:

  • Premises and Operations
    A customer at the store you own trips over a fixture and sustains a significant injury from the fall. Bills for the hospital visits are submitted to you for payment. Business Liability Insurance can cover these charges, as well as the business owner, should he be sued by the customer for negligence.
  • Products and Completed Operations
    The deck you built a year ago was flawed, causing a new building owner fiscal disaster. A legal notice appears in the mail informing you of a lawsuit. The case goes to court and your former client wins. Business Liability insurance can handle the defense costs and, if it comes to it, the legal damages for which the policyholder is responsible.
  • Cyber Liability and Data Breach
    You don't know why or how, but your computer system has been hacked. And now all your confidential business and customer data could be online, free to trade and impersonate. The least of your worries is finding the source of the data breach and repairing exposed computers. Your focus is now on damage control and possibly recovering stolen data. Fortunately, your Cyber Liability insurance coverage can help provide you with legal and forensic assistance, as well as free data security risk management services for your customers.
  • Employment Practices Liability
    If you've been in business for a few years or operate in an industry with high turnover rates, you've likely hired many employees, whether temporary or full-time. The truth of the matter is that any of these employees can bring legal action against your business at any time. Employment Practices Liability insurance can help cover your business entity, directors, officers and employees if you are accused of wrongful termination, harassment, discrimination, and other employment-related offenses.

When it comes to liability, it's not all business, either. If you own a sole proprietorship or partnership and don't have Business Liability insurance coverage and your business income can't cover the entire cost of a claim or lawsuit, the rest of the funds might have to come from your personal assets. In some situations, corporation owners can even fall victim to personal liability. Therefore, it pays to have liability insurance that's right for your business in more ways than one.

Your Safety and Satisfaction are Number One

Not only does T.W. Morgan Insurance Services " TWMIS" offer some of the best, personalized service and fast, expert claims handling in the business, but it also makes help available to your business to prevent incidents from recurring and/or mitigate potential future losses. "TWMIS" has highly trained loss-prevention experts on staff who can guide you through educational safety programs and provide supporting materials designed to help improve employee awareness.

Business Crime

Unfortunately, employee theft, robbery and forgery are obstacles you may encounter as a restaurant owner. Business Crime insurance covers you for losses both within and outside your restaurant.

Protect Your Business Today

Your business is really taking off, so you've hired new employees. As time goes on, customer satisfaction remains high, and sales are increasing, but something just isn't adding up. A check of the books reveals that your new bookkeeper has been stealing from you, and now you're concerned how the lease will be paid. As disappointing as this scenario is, it is not at all rare.

Whether you've just started a company or your enterprise is established and growing, your future success depends on what you do to build and protect your business today.

As a business owner, you need to concern yourself with losses that can happen from both inside and outside your establishment. Contact us today so we can tailor an insurance solution that meets the specific needs of your business.

Theft isn't your only concern

You may think that robbery or embezzlement are the most common crimes that could come your way, but unfortunately there are many more. You may also think that other forms of coverage you currently carry, like business property insurance, will fully safeguard your business income from crime-related losses. That's simply not the case. Business Crime insurance can help bridge those potential gaps, providing coverage for:

  • Employee Dishonesty
  • Money and Securities – Inside/Outside
  • Money Orders and Counterfeit Paper Currency
  • Forgery and Alteration

Today, there are more opportunities for wrongdoing than ever, especially with more and more businesses going global. Our agency will help you determine the industry-specific hazards that could affect your investment and create a customized insurance solution for your business. We have special programs for owners of franchises that include extra converges just for franchisee. Give our office a call today at 503-245-3345 or Toll Free 888-821-4717 to learn how you can be a partner with our agency in providing the protection you need to run your business.