Fine and Casual Dining

Fine dining establishments have special coverage needs that don’t apply to the generic restaurant insurance packages that suffice for most others.  Often, a fine dining establishment’s food-to-alcohol ratio is outside of “big-box” insurance provider guidelines. Or its inventory of delicate meats and seafood may cause premiums on spoilage coverage to soar.  

Our team of skilled agents will work with you to ensure that the most essential coverages are written in your policy and that any additional offerings associated with your fine dining establishment are covered and protected under your insurance policy at a competitive premium. 

Availability: All States

Target Market & Eligibility:

  • Full-service fine and casual dining restaurants with light entertainment and less than 40% liquor sales
  • Minimum sales of $750,000, Minimum Premiums of $5,000

Features

  • Liquor liability aggregate limit $2,000,000
  • Global Admitted carrier rated “A++ XV” by A.M. Best
  • Broad coverage & competitive pricing
  • Northeast wind coverage
  • Tips included as Business Income
  • GL & Property Package (IM and Crime available in package)
  • Ability to add Business Auto separately

RESTAURANT ENHANCEMENT ENDORSEMENT
COUNTRYWIDE

Available coverage enhancements, subject to underwriting:

Coverage

Comments

ICC Restaurant Enhancement

BUILDING AND PERSONAL PROPERTY COVERAGE FORM – ADDITIONAL COVERAGES

Accounts Receivable

$50,000

Brands and Labels

$50,000

Computer Fraud and Funds Transfer Fraud

$25,000

Debris Removal

25% + $100,000

Employee Dishonesty

$100,000

Fine Arts

$100,000

Newly Acquired Fine Arts

30 days

$10,000

Fire Department Service Charge

$25,000

Fire Extinguisher Systems Expense

including Automatic Cooking Protection Systems

No Deductible

$25,000

Forgery or Alteration

$25,000

Lost Key Consequential Loss

$100 Deductible

$5,000

Money and Securities

$25,000 IN / $10,000 OUT

Money Orders and Counterfeit Money

$25,000

Ordinance or Law – Building or Tenants I&B (A) Undamaged Portion

Bldg./I&B deductible

Included in Building Limit

Ordinance or Law – Building or Tenants I&B (B) Demolition Costs

$250,000

Ordinance or Law – Building or Tenants I&B (C) Increased Cost of Construction

$250,000

Ordinance or Law – Equipment

Within limits

Included

Reward Payment

N/A in New York

$10,000

Utility Services – Direct Damage, including Spoilage

Bldg./BPP Deductible

$25,000

Leasehold Interest Improvements and Betterments

$100,000

Catering Contract Penalty Clause

$25,000

BUILDING AND PERSONAL PROPERTY COVERAGE FORM – COVERAGE EXTENSIONS

Boundary Extension

1,000 feet

Extended Computer Coverage

$100,000 HW / $100,000 SW

Computers in transit or off-premises

$25,000

Artificially Generated Electrical Current

Within limits

Included

Newly Acquired or Constructed Property

90 days

$1,000,000 Bldg. & BPP

Outdoor Property

$25,000 ($1,000 tree/shrub)

Outdoor Signs

$25,000

Pairs or Sets

Within limits

Included

Personal Effects / Property of Others

$50,000

Including Checkroom Theft

$250 Deductible

$25,000 ITEM / $50,000 AGG

Property in Transit

BPP Deductible

$25,000

Property Off Premises

BPP Deductible

$25,000

Sewers and Drains –  Back Up

$100,000

Tenant Glass

Included if lease requires

Valuable Papers and Records

$50,000

BUSINESS INCOME (AND EXTRA EXPENSE) COVERAGE FORM – COVERAGE EXTENSIONS

Food Contamination

24 hr. Deductible

$25,000 BI / $25,000 EE

Utility Services – Time Element

24 hr. deductible or BI or COL deductible, whichever is longest

$100,000 per location (up to maximum of $500,000 for any one “named storm” regardless of  # of locations)

Tips included as Business Income

Within limits

Included

$1,000 deductible applies unless stated elsewhere in the endorsement.

If there is a Deductible or “period of restoration” that applies to a specific Cause of Loss that is covered within your policy, that specific Cause of Loss Deductible or “period of restoration” supersedes any Deductible or “period of restoration” within this endorsement. This includes, but is not limited to, a Deductible or “period of restoration” for windstorm, earth movement, earthquake or flood.