Did you know eight out of ten restaurant owners† got their start in the food industry in an entry-level position? Being a restaurant owner is a dream for many aspiring chefs and entrepreneurs, and there's plenty of pathways to success.
At FLIP, we know that our clients often launch a small food business, such as a food cart or food truck before launching a brick and mortar restaurant. If you’re transitioning from a food truck or other small food business to a restaurant, your insurance needs will change. For this reason, we’ve decided to give our ambitious clients a pathway to buying restaurant insurance.
Are you expanding your food business? Is your food truck tied to a restaurant? Regardless of your circumstance, we can develop a plan that fits your needs.
We provide restaurant policies for:
- Franchise Restaurants
- Fine Dining Restaurants
- Fast Food Restaurants
- Drive Through Restaurants
- Family Restaurants
- Casual Restaurants
- And More!
Restaurant Insurance with the Same Great Service as FLIP!
FLIP has been the resource for thousands of food businesses, and we understand the risks inherent in the food industry. If you have been a FLIP customer, and are expanding your food business into a full-scale restaurant, you can count on us to help you protect it. We can provide you with additional coverage options that are structured to meet your growing needs with the same great service you've become accustomed to with FLIP.
Coverages available are:
- General & Product Liability
- Liquor Liability
- Excess Liability Insurance
- Employment Practices Liability Insurance (EPLI)
- Commercial Property
- Food Spoilage
- Commercial Auto
- Workers Compensation
- Franchisee Certificate Compliance
What is the Cost of Restaurant Insurance?
With the fluctuating prices of food and other commodities,forecasting a budget in the food industry is difficult. At FLIP, we can help you find a restaurant insurance premium that fits both your insurance needs and your budget.
Since FLIP has forged relationships with some of the top rated carriers in the nation, we're able to negotiate a competitive premium on your behalf. Each food business has different coverage needs, and yours will impact the final cost of your restaurant insurance.
FLIP can write both small and large restaurant insurance policies. Insuring a small operation could cost you less than $750 a year. Larger restaurants, franchises, or chains could cost as much as $80,000 annually depending on the coverage options you chose. Whatever size of your restaurant, FLIP can help structure a plan for you.
How To Apply For Restaurant Insurance Through FLIP
To apply, simply contact us with your name, email, phone number, and business name at firstname.lastname@example.org. A licensed agent will contact you to discuss your insurance needs.
Are you a FLIP customer who knows a restaurant owner? We'd love your referral. Let them know about FLIP's new restaurant insurance.