Marijuana business insurance coverage for business property will protect the contents usual to business operations at your premises. The following should be considered in determination of your business property limit for your marijuana insurance coverage program: Furniture and Fixtures, including outdoor fixtures; Machinery and Equipment Stock; this would be defined as merchandise held in storage for sale, raw materials, and in-process … Read More
How Your Restaurant Liquor Liability Insurance Rate Is Determined
Restaurants that sell, serve, or assist in the purchase or use of liquor have a rate exposure that affects how restaurant insurance rates are determined. Your restaurant liquor liability insurance rate is calculated by taking your gross liquor sales multiplying it by the insurance company’s modified base rate (Liquor Liability Exposure (liquor sales) X Modified Base Rate = Premium). Insurance … Read More
How Much Restaurant Liability Insurance Do You Need For Your Business?
There is no set formula regarding how much business liability insurance you need for your restaurant. However, the more coverage you have, the more bulletproof your restaurant insurance program becomes. If you are running a successful business, you will probably want minimal disruption. If an incident occurs in which you may be seen as liability. Thus, the more coverage you have, the greater … Read More
Pizza Delivery Risks
Having proper risk management controls in place will help you prevent accidents and can reduce your pizza delivery insurance costs. Following these recommendations will strengthen pizza delivery risks against claims and can also reduce your pizza delivery insurance costs. Pizza Delivery Risks Management Tips Have a Written Distracted Driving Policy: Develop and implement a written distracted driving policy for all … Read More
Six Ways Your Restaurant Can Prevent Cyber Crime
The data breach at Target should make you nervous. The reason is not because of the personal data that may have been stolen, but the way hackers infiltrated Target’s systems. Published reports state it is likely that the breach went through a refrigeration and HVAC contractor in Pittsburgh that had connected to Target’s systems to enable system maintenance, electronic contract … Read More