Insurance is one of the necessary evils of living in a modern, developed nation. As much as you might hate paying those premiums month after month, just one mishap or unforeseen circumstance can make all your payments worth it. If you own a takeaway restaurant, you should definitely look into takeaway insurance.
Takeaway restaurants are defined as establishments where the food you sell is taken away from the location to be consumed. Fast food restaurants with a drive-thru fall under this category, as well as sit-down restaurants that offer a to-go option. This type of insurance can also extend to restaurants that deliver the food, such as a fast food pizza place.
Why should you get takeaway insurance for your takeaway establishment? Well, perhaps a better question is, how can you consider not getting it? Even if you disregard the potential for frivolous lawsuits, like those that have been filed against well-known fast food corporations, there is still the possibility that something serious can go wrong. Despite your best intentions, it is simply irresponsible not to have insurance for your business. In addition, running a takeaway restaurant is stressful enough without the constant worry that one isolated accident could cause you to lose everything.
Once you’ve decided to get takeaway insurance, you’ll have to be thorough in your research. What you want is a comprehensive policy, and there are a lot of different factors that need to be considered. The bottom line of the policy needs to be reasonable and realistic, and you need to make sure that it covers everything. This means you should have liability insurance to cover you against people who might be harmed on your premises, insurance that covers all of your expensive equipment like fryers, and insurance that provides your building with protection against natural disasters and theft, among other factors.
There are obviously a lot of different aspects of the business that need to be insured, and if you don’t take the proper precautions to insure your takeaway business, you run the risk that you’ll have to cover expenses out of pocket, or even worse, face bankruptcy. Therefore, you need to consider the policies very carefully and make sure that they provide the kind of coverage that will really help in the event of an emergency or accident.
So where should you look for takeaway insurance? An online search is probably a good place to start, but remember that you need a reliable, trustworthy, and stable company to insure you. Skimping on the premiums might seem okay for your company now, but it’s not worth the risk. After you’ve found some potential takeaway insurance companies, ask for several quote and compare them. Also, don’t forget to do your research, not just at their own website, but elsewhere. Look for local recommendations for a good company, including with the Better Business Bureau, the Chamber of Commerce, and the Department of Labor. If you’re looking for reviews online, be wary about where you’re finding them to make sure they’re truly unbiased.
In the end, the decision is up to you, of course. Don’t forget to find companies with excellent customer satisfaction and long, solid histories, and make sure that you understand everything about the policy upfront. Hidden surprises are no good. Hopefully, with the right takeaway insurance, your restaurant will be able to thrive.
