Essential Insurance in the Gastronomy Industry

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Restaurant owners are faced with a variety of challenges every day. Insurance coverage also plays a crucial role. Good insurance not only offers protection in the event of an unforeseen event, but is also a sign of responsible entrepreneurship, especially towards all employees. In this blog post, we would like to give you an overview of the most important types of insurance in the restaurant industry and their costs.

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Important but italy phone data optional catering insurance
Private insurance for restaurateurs
Catering insurance: These are the costs you have to expect

Essential Insurance in the Gastronomy Industry
Opening your own restaurant is a dream for many. But before you can serve your first guests, there are a few important steps to take. One of the first official steps is registering your business , which is the starting signal for your business, so to speak.

An equally important, but often underestimated aspect is taking out the right insurance . They offer protection against unexpected events that could otherwise quickly mean the end of your gastronomic dream. Dealing with insurance should therefore not be seen as a chore, but as a fundamental building block of your business success . Below we will look at the insurance that is indispensable for restaurateurs.

1. Business liability insurance
Business liability insurance is the most essential type of insurance. It protects you from the financial consequences if third parties suffer damage as a result of your business activities. Given the potentially high claims for damages, this insurance is a must.

Cases covered:

Personal injuries (e.g. a guest slips on a wet floor and breaks his leg)
Property damage (an employee accidentally damages a guest's smartphone)
Financial losses (e.g. damages caused by incorrect advice, although these are less common in the catering industry)
Example:

A guest suffers a severe allergic reaction because a dish contained allergens despite assurances to the contrary . The company's liability insurance covers medical treatment and possible claims for damages.

2. Contents insurance
This insurance covers damage to your business property, such as furniture, kitchen equipment and supplies. It protects against risks such as fire, burglary, tap water, storms and hail. For restaurateurs whose business success depends largely on the integrity of their equipment and goods, contents insurance is essential.

Cases covered:

Fire damage (e.g. from kitchen fires)
Water damage (damage to inventory and goods caused by tap water)
burglary including vandalism
storm and hail damage