As a restaurant owner or catering business professional, you've worked hard to build your business. You've turned your passion for the culinary arts into a respected food business at the heart of your community. So when it comes to protecting the business you've built from the ground up, you're not one to gamble. But as business insurance misinformation persists, you may be inadvertently leaving your small food business exposed to risks that are common in your industry.
After all, it only takes one claim from an injured or ill customer to close a restaurant's doors for good if you don't have adequate coverage. Attorney's fees to defend your restaurant against a meritless claim can quickly exceed thousands of dollars, and not many small business owners have that expendable cash on hand. Similarly, the culinary equipment you rely on to sustain your food business could easily be damaged in a fire or natural disaster—and without insurance, all the calamity-related expenses would have to be covered out of pocket.
Read on to uncover the facts about business insurance and how you can protect your food business from uncertainty.