Restaurant Insurance
Property Coverage covers your Building and Business Personal Property for replacement cost with no coinsurance.
• Accounts Receivable:
- Coverage is included up to $25,000 on and off premises. On premises limit may be increased.
• Business Income and Extra Expense: Covers income that is lost due to suspended operations caused by damage at the described premises from a covered cause of loss.
• Included on an Actual Loss Sustained basis for up to 12 consecutive months
• Coverage may also be written on a policy or location level basis for any dollar limit without the 12-month limitation
• Crime Coverage:
- Employee Dishonesty and Forgery or Alteration coverage are both included up to $25,000 and limit may be increased
- Theft Damage to Rented Property coverage is included within Business Personal Property when tenant is contractually obligated to make repairs
• Electronic Data Processing Equipment, Data and Media:
- Coverage is included subject to the Business Personal Property limit, for a maximum of $50,000. Limit may be increased.
- Coverage for Equipment Breakdown is included within applicable limits.
- Diagnostic equipment, power-generating equipment, and production equipment
- Building Owners Endorsement.
- Water or Sewer Back up and Sump Overflow
- Hired and Non-owned Auto Liability
- Diagnostic equipment, power-generating equipment, and production equipment are limited to $100,000 for direct damage. Limit may be increased.
- Service interruption of water, communication, or power supply services is covered from a covered breakdown (when Business Income and Extra Expense is covered).
• Fine Arts:
- Up to $25,000.
- Coverage applies anywhere in the coverage territory.
- The breakage limitation does not apply.
- Limited exclusions.
- Special valuation terms.
- Limit may be increased.
• Signs:
- Coverage for Signs within 1,000 feet is included within the Building limit when building coverage is written or within Business Personal Property limit when tenant is contractually obligated.
• Spoilage: Coverage is included up to $5,000. Limit may be increased.
• Valuable Papers and Records:
- Coverage is included up to $25,000 on and off premises. On-premises limit may be increased.
- Includes the cost to research, replace or restore lost information.
General Liability Highlights
General Liability Coverage protects you against claims for damages because of
bodily injury or property damage to others resulting from your business operations.
• General Liability Limits of $1 million per occurrence / $2 million aggregate are standard for Restaurant Pac and Restaurant Pac Plus with an option for higher limits of $2 million per occurrence / $4 million aggregate available for Restaurant Pac.
• Advertising Injury and Personal Injury
• Medical Payments for $5,000 per person
• Damage to Premises Rented to You is included up to $300,000. Limit may be increased.
• Blanket Contractual for all insured contracts
• Limited worldwide coverage.
• Products/Completed Operations coverage is included.
• Products Hazard redefined - Bodily injury resulting from food consumption after delivery (on-premises) is considered a Products/Completed Operations hazard and therefore subject to the Projects/Completed Operations aggregate.
• Web XTEND® endorsement is automatically provided for most Restaurants. Coverage includes personal injury, advertising injury and worldwide Web site
Popular Option for Restaurants
• Eating Establishment Endorsement - designed specifically for Restaurants and enhances more than 20 coverage features.
- Coverage Features for Eating Establishment Endorsement
Topic/Coverage
Without Endorsement
With Endorsement
Accounts Receivable - At described premises
$25,000
Current limit increased by $100,000
Accounts Receivable - In transit or at a location other than described premises
$25,000
Current limit increased by $100,000
Business Income and Extra Expense - Dependent Property
$10,000
$25,000
Business Income and Extra Expense - Newly Acquired Premises
$250,000
$500,000
Brands and Labels
None
$25,000
Civil Authority - Homicide or Suicide
Not Included
Included
Claim Data Expense
$5,000
$10,000
Computer Fraud
None
$5,000
Electronic Data Processing Equipment/Data/Media - Electronic Vandalism
$25,000
$50,000
Electronic Data Processing Equipment/Data/Media - In transit or at a location other than described premises
$25,000
$50,000
Extended Business Income
60 Days
90 Days
Food Contamination Costs
None
$10,000
Identity Fraud Expense
None
$15,000 (Annual Aggregate Limit)
Limited Building - Tenant Obligation
None
$5,000
Lost Key Consequential Loss
None
$500
Newly Acquired or Constructed Property - Business Personal Property
$250,000
$500,000
Ordinance or Law - Increased Period of Restoration
$25,000
$50,000
Ordinance or Law - Tenants Improvements and Betterments
Not Included
Included
Outdoor Trees, Shrubs, Plants and Lawns
$3,000
$5,000
Unauthorized Business Card Use
None
$5,000
Utility Services - Direct Damage - Water, Power and Communication
None
$2,500
Utility Services - Time Element - Water, Power and Communication
None
$2,500
Water Damage (as provided by this coverage extension)
None
$10,000
Place All Your Business With Travelers
Travelers also offers competitive coverages and rates for:
Workers Compensation
In today's ever-changing workers compensation climate, it is critical to have the best insurance carrier working with you to protect your employees and fight rising loss cost trends.
Travelers offers:
• Claim and medical professionals to promptly handle, investigate and resolve your claims.
• Early intervention medical networks and return-to-work strategies to control claim costs, enabling your injured employee to return to work when medically appropriate.
• Information directly to the injured employee via the Internet. Employees can go online to review their claim payment information and obtain medical self-care tips.
• Workers Compensation may also be written on a standalone basis.
Automobile
To protect against liability or physical damage losses
Travelers offers:
• Commercial auto coverage providing protection for physical damage to and liability for use of yourowned autos
• Ability to tailor coverage for hired and non-owned auto exposure
• Automobile insurance may be written on a standalone basis.
Umbrella Liability
Provides protection above the General Liability, Automobile Liability and Employer's Liability coverages on your underlying insurance policies. The Umbrella policy can provide primary coverage in certain situations depending on the scope of the underlying coverage.
Travelers offers:
• Protection above the General Liability, Auto Liability, and Employer's Liability coverages on your underlying insurance policies
• Coverage includes:
- Broadens the definition of Named Insured
- Expanded definition of Bodily Injury
- Worldwide territory.
- Automatic coverage for newly acquired or formed organization without the 90-day limitation
- • Umbrella limits are available for up to $25 million of total aggregate protection
Billing Plans
• One simple bill for all coverage we write.
• Convenient installment payment plans.
• Toll-free customer service: 800-252-2268