--- title: Five Types of Insurances Every Restaurant Owner Needs description: If you own a restaurant, you need to make sure you are covered against the unexpected. Learn about the Five Types of Insurances Every Restaurant Owner Needs image: https://blog.steersatlantic.ca/hubfs/Indoor%20cafe.jpg --- [**](https://www.facebook.com/steersatlantic/) [**](https://twitter.com/steersatlantic) [**](https://www.linkedin.com/company/steersinsuranceatlantic/) [**](https://www.instagram.com/steersinsuranceatlantic/) [Home](https://www.steersatlantic.ca/?hsLang=en-ca) [Contact Us](https://www.steersatlantic.ca/contact-otc-insurance-brokers?hsLang=en-ca) 888-295-7474 [![steers-logo-1](https://blog.steersatlantic.ca/hs-fs/hubfs/steers-logo-1.png?width=813&height=321&name=steers-logo-1.png)](https://steersatlantic.ca/) [![GET A QUOTE](https://no-cache.hubspot.com/cta/default/6109970/83e767f7-64ca-4507-b512-9802bad0d339.png)](https://cta-redirect.hubspot.com/cta/redirect/6109970/83e767f7-64ca-4507-b512-9802bad0d339) ![business-meeting](https://blog.steersatlantic.ca/hubfs/OTC_Insurance_February2020%20Theme/Images/business-meeting-1446005-sm-2-1.jpg); ![Contractors Pollution](https://blog.steersatlantic.ca/hubfs/OTC_Insurance_February2020%20Theme/Images/Contractors%20Pollution-2058-72dpi-1-1.png); ![Marine Cargo](https://blog.steersatlantic.ca/hubfs/OTC_Insurance_February2020%20Theme/Images/Marine%20Cargo%2024843636_s-3-1.jpg); ![crime insurance](https://blog.steersatlantic.ca/hubfs/OTC_Insurance_February2020%20Theme/Images/crime%20insurance%2080155537-72dpi-1-1.png); ![business-meeting](https://blog.steersatlantic.ca/hubfs/OTC_Insurance_February2020%20Theme/Images/Condo%20living-room-2155353-72dpi-1-1.jpg); ![Contractors Pollution](https://blog.steersatlantic.ca/hubfs/OTC_Insurance_February2020%20Theme/Images/Auto%20Ins%20Brunette-Teen-in-Red-Car-1.jpg); ![Marine Cargo](https://blog.steersatlantic.ca/hubfs/OTC_Insurance_February2020%20Theme/Images/atvs-2751246-72dpi-1-1.jpg); # Steers Insurance Blog # Five Types of Insurances Every Restaurant Owner Needs Posted by [Christine Gaudreau](https://blog.steersatlantic.ca/blog/author/christine-gaudreau) on Jul 20, 2020 7:45:59 AM - [Tweet](https://twitter.com/share) The COVID-19 pandemic has taught business owners to expect the unexpected – including having to shut down your business with little or no notice. In particular, restaurant owners probably spent many nights worried about their restaurants' future and working to ensure they would still have doors to open again once they were allowed to do so. ![Indoor cafe](https://blog.steersatlantic.ca/hs-fs/hubfs/Indoor%20cafe.jpg?width=5472&name=Indoor%20cafe.jpg) If you own a restaurant, many things might keep you up at night, including: - What if the fryers aren't turned off, and there is a grease fire? - What if I forgot to lock up, and the restaurant is broken into and vandalized? - What if I hired the wrong person for the job? - What if my delivery staff get into an auto accident? If you own a restaurant, you need to make sure you are covered against the unexpected. **Commercial General Liability ** Commercial general liability (CGL) is a type of [insurance](https://www.investopedia.com/terms/i/insurance.asp) policy that provides coverage to a business for bodily injury, personal injury, and property damage caused by its operations, products, or injuries that occur on the business's premises. Commercial [general liability](https://www.investopedia.com/terms/l/liability_insurance.asp) is considered comprehensive business insurance, though it does not cover all business risks. **Business interruption insurance** [Business interruption insurance](https://www.otcinsurance.ca/business-interruption-insurance) covers ongoing expenses, staff wages, the profit you would have lost, and it pays to get you up and running again. Some of the applicable situations would be if - Your business is severely damaged by a fire - A natural disaster levels your office - An explosion is caused by pressure vessels or gas lines. **Specialty Insurance Products – Crime Coverage** If you serve high-end liquor and wine at your restaurant, you should consider obtaining [Crime Coverage Insurance](https://www.otcinsurance.ca/crimecoverageinsurance). Thieves (including employees) do not need direct access to cash to steal from you; merchandise, supplies and securities are all fair game. You may also be susceptible to losses if finished products or even raw materials are stolen from you. Essentially, any product can be a target for thieves if there is an opportunity to make a resale profit. **Employment Practices Liability Insurance** From the moment that you start the pre-hiring process until the exit interview, you are vulnerable to a lawsuit. As a result, your business should consider whether it can afford to defend itself against alleged wrongful employment practices accusations. If not, there is an insurance solution called [Employment Practices Liability](https://www.otcinsurance.ca/employmentpractivesliabilitiesinsurance) that protects against wrongful termination, discrimination (age, sex, race, disability, etc.) or sexual harassment suits from your current, prospective or former employees. This coverage applies to directors, officers and employees, and can sometimes extend to third party liabilities. **Non-owned auto policy** As a restaurant owner, you may rely on your employees to use their vehicles to make deliveries and/or run business-related errands. Like your personal auto policy, commercial vehicle insurance provides similar coverages such as liability, collision, comprehensive, medical payments (or personal injury protection) and uninsured motorist coverage. Disruptions of one’s business, such as a fire, burglary, an accident or a pandemic, can have catastrophic consequences on a business’s ability to recover. Protect your business, your employees, and your clients. OTC Insurance Brokers is ready to meet all of your business insurance needs, including commercial auto, umbrella, liability, terrorism, property insurance and more. Get started [with a free quote.](https://info.otcinsurance.ca/business-insurance-get-a-quote) ### Does Your Policy Fit you? ![Small Office 104662907](https://blog.steersatlantic.ca/hs-fs/hubfs/Small%20Office%20104662907.png?width=221&name=Small%20Office%20104662907.png) Your business has grown and evolved; perhaps your insurance should too.  Put us to work with our free no obligation assessment.   [![Free Commercial Insurance Assessment](https://no-cache.hubspot.com/cta/default/6109970/8c5d4c50-98f0-4e77-a002-e27b394ca3d3.png)](https://cta-redirect.hubspot.com/cta/redirect/6109970/8c5d4c50-98f0-4e77-a002-e27b394ca3d3) ### Subscribe Here! ### Recent Posts ### Posts by Tag - [Home Insurance (60)](https://blog.steersatlantic.ca/blog/tag/home-insurance) - [Commercial Insurance (55)](https://blog.steersatlantic.ca/blog/tag/commercial-insurance) - [Auto Insurance (15)](https://blog.steersatlantic.ca/blog/tag/auto-insurance) - [Cyber Insurance (15)](https://blog.steersatlantic.ca/blog/tag/cyber-insurance) - [Commercial Property Insurance (12)](https://blog.steersatlantic.ca/blog/tag/commercial-property-insurance) - [Home Base Business (8)](https://blog.steersatlantic.ca/blog/tag/home-base-business) - [About OTC Insurance (7)](https://blog.steersatlantic.ca/blog/tag/about-otc-insurance) - [Environmental Insurance (7)](https://blog.steersatlantic.ca/blog/tag/environmental-insurance) - [Property damage (7)](https://blog.steersatlantic.ca/blog/tag/property-damage) - [Overland Flood Insurance (4)](https://blog.steersatlantic.ca/blog/tag/overland-flood-insurance) - [Continuity Insurance (3)](https://blog.steersatlantic.ca/blog/tag/continuity-insurance) - [Preventative Maintenance (3)](https://blog.steersatlantic.ca/blog/tag/preventative-maintenance) - [Women in Business (3)](https://blog.steersatlantic.ca/blog/tag/women-in-business) - [Inflation (2)](https://blog.steersatlantic.ca/blog/tag/inflation) - [Personal Insurance (2)](https://blog.steersatlantic.ca/blog/tag/personal-insurance) - [Boat Insurance (1)](https://blog.steersatlantic.ca/blog/tag/boat-insurance) - [Health and Safety (1)](https://blog.steersatlantic.ca/blog/tag/health-and-safety) - [Home Inventory Checklist (1)](https://blog.steersatlantic.ca/blog/tag/home-inventory-checklist) - [Travel Insurance (1)](https://blog.steersatlantic.ca/blog/tag/travel-insurance) [See all](https://blog.steersatlantic.ca/blog/five-types-of-insurances-every-restaurant-owner-needs#) [![steers_reverse](https://blog.steersatlantic.ca/hs-fs/hubfs/steers_reverse.png?width=499&height=257&name=steers_reverse.png)](https://steersatlantic.ca/)   130 Eileen Stubbs Avenue Unit 7 Dartmouth, NS  B3B 2C4 **Tel:** (902) 481-0700 **Toll-Free:** (888) 295-7474 **Fax:** (902) 481-1812 [hello@steersinsurance.com](mailto:hello@steersinsurance.com) © 2023 Steers Atlantic Inc.