Restaurant Endorsement To Business Owners Policy
Discover more about our eligibility and coverages for restaurants:
Eligibility:
Limited Cooking Restaurants
Limited cooking restaurants are those where foods are prepared cold or cooked using appliances that do not emit smoke or grease-laden vapors that require an exhaust system (for example, electric sandwich grills, toasters, warming ovens, roller warmers, infrared snack warmers, microwave ovens, domestic ranges, domestic ovens, and pizza ovens). No grilling, open broiling, deep fat frying, roasting, barbecuing, solid fuel cooking (for example, mesquite, charcoal, or hardwood), or other processes capable of producing grease-laden vapors requiring an exhaust system are permitted.
Fast Food Restaurants
Fast food restaurants may include limited cooking
type appliances and only the following cooking processes capable of producing grease-laden vapors requiring an exhaust system: grilling, enclosed broiling, deep fat frying, roasting or barbecuing. Open broiling and solid fuel cooking (for example, mesquite, charcoal or hardwood) are not permitted.
following property coverages:
New or enhanced coverage for brands and labels, food contamination, lock replacement, ordinance or law equipment coverage, reward payment and spoilage.
• Food Contamination – There is a $10,000 limit of insurance for business income expenses incurred as a result of the insured’s business being ordered closed by the Board of Health or another governmental authority. Additionally, there is a $3,000 limit of insurance for additional advertising expense.
• Spoilage – There is a $10,000 per occurrence limit of insurance for loss resulting from spoilage.
• Additional sub limits below.
The endorsement provides the following liability coverages:
Errors and Omissions in the delivery of items sold by
the restaurant and Costs associated with merchandise withdrawal, including notifications, overtime, transportation, storage space and/or disposal.
Limits and Sub-Limits:
- $10,000 limit for Food Contamination
- $3,000 limit for Additional Advertising Expenses
to restore reputation related to Food Contamination - $10,000 limit for Spoilage
- $5,000 limit for Reward Payment
- Up to policy limit for Brands and Labels
- Up to policy limit for Ordinance or Law – Equipment Coverage
- $1,000 limit for Lock Replacement
- $10,000 annual aggregate limit for Deliver Errors and Omissions
- $25,000 annual aggregate limit for Merchandise Withdrawal Expenses
This overview is intended to provide a general summary of Coterie’s products and services. The information contained here is for informational purposes only and does not in any way amend, alter, or extend any policy of insurance or guarantee any specific price, quote, or coverage. For a complete understanding of the coverage available, please consult the terms, conditions, definitions, and exclusions of your insurance policy. Please be advised that all products and coverages referenced herein may not be available in all states or to all customers. Please see Coterie’s Terms & Conditions and Privacy Policy for more information.
