53% of food services businesses are one piece of paper short of better Property coverage.
of food services businesses are one piece of paper short of better Property coverage.
A cleaning contract, which 53% of applicants report not having, can make or break your ability to secure Property Insurance. Because of the heavy use kitchen equipment gets at food businesses, it needs regular, professional-grade cleaning. Deep fryers in particular must be cleaned regularly to minimize the likelihood of fires. Kitchen cleaning is such an important part of risk management that top-tier insurance companies won't write a policy at all unless the business has an active cleaning contract. To qualify for high-quality Property Insurance, make sure your gear enjoys regular cleanings. If you're not sure what criteria your cleaning contract has to meet, consult with your insurance agent.