Restaurants Insurance

Coverage recommendations, carrier options, and cost estimates for insuring restaurants businesses. Built for independent agents quoting this class.

NAICS: 722511·Also known as: restaurant, dining establishment, food service

Recommended Coverages

BOP

essential

Bundles general liability, commercial property, and business income/extra expense into one policy. For Restaurants businesses, key exposures include high slip-and-fall exposure. Common claims include customer slip-and-fall. Agent note: BOP is the standard starting point but may exclude liquor liability

Typical Limits

$1M GL per occurrence / $2M aggregate; Property limits vary by business personal property and building values

Premium Range

$500 - $3,500/year for low-risk small businesses; $3,000 - $10,000+ for higher-revenue or higher-risk classes

GL

essential

Third-party bodily injury, property damage, personal and advertising injury arising from business operations. For Restaurants businesses, key exposures include high slip-and-fall exposure. Common claims include customer slip-and-fall.

Typical Limits

$1M per occurrence / $2M aggregate

Premium Range

$400 - $3,000/year for small businesses; $3,000 - $15,000+ for contractors and higher-risk classes

Workers Comp

recommended

Medical expenses, lost wages, rehabilitation costs, and death benefits for employees injured on the job. For Restaurants businesses, key exposures include employee turnover drives wc claims. Common claims include employee burn injury. Agent note: Workers comp is mandatory in most states for restaurant employees

Typical Limits

Statutory limits per state law; Employers Liability typically $500K/$500K/$500K

Premium Range

Based on payroll × class code rate × experience mod. Ranges from $0.50 to $30+ per $100 of payroll depending on classification

Liquor Liability

recommended

Third-party bodily injury, property damage, personal and advertising injury arising from business operations. For Restaurants businesses, key exposures include liquor liability if alcohol served. Agent note: Liquor liability must be added separately if alcohol exceeds 30-50% of revenue at most carriers

Typical Limits

$1M per occurrence / $2M aggregate

Premium Range

$400 - $3,000/year for small businesses; $3,000 - $15,000+ for contractors and higher-risk classes

Commercial Property

situational

Physical damage to buildings, business personal property, equipment, inventory, and tenant improvements from covered perils (fire, wind, theft, vandalism). For Restaurants businesses, key exposures include fire and grease risk. Common claims include kitchen fire.

Typical Limits

Based on replacement cost of building and contents. Business income limits typically 12 months of projected revenue.

Premium Range

$750 - $5,000/year for small businesses; varies widely based on property values, construction type, and location

EPLI

situational

Claims by employees alleging wrongful termination, discrimination, sexual harassment, retaliation, failure to promote, and other employment-related violations. For Restaurants businesses, key exposures include employee turnover drives wc claims.

Typical Limits

$500K - $2M per claim / aggregate

Premium Range

$800 - $3,000/year for small businesses (under 25 employees); $3,000 - $15,000+ for larger employers

Risk Profile

Physical Risk

moderate

Liability Risk

high

Professional Risk

low

Property Risk

moderate

Top Risks

  • High slip-and-fall exposure
  • Fire and grease risk
  • Liquor liability if alcohol served
  • Employee turnover drives WC claims
  • Food contamination / foodborne illness

Carriers That Write Restaurants

One of the largest small commercial writers in the U.S. with broad class appetite. Competitive BOP pricing and a streamlined agent portal with fast online quoting.

BOPGLWC

Broad appetite across most commercial classes with competitive package pricing. Strong multi-line capabilities — agents can bundle GL, property, auto, and umbrella under one carrier.

BOPGLWC

Known for competitive commercial auto rates and fast online quoting. Strong appetite for businesses with vehicle fleets and a growing BOP book.

BOPGLWC

Berkshire Hathaway-backed (AM Best A++) with competitive pricing for standard small business classes. Fully online quoting and binding process.

BOPGLWC

Cost Estimate

$5,000 - $25,000+ for businesses with $500K - $3M revenue

Key Pricing Factors

  • Annual revenue ($500K - $3M is typical for this class)
  • Employee count (10-50 is typical)
  • Seating capacity
  • Liquor percentage of revenue
  • Years in operation
  • Fire suppression system type

See the Per-Coverage Cost Breakdown

For median GL, BOP, WC, and auto premiums sourced from Insureon, plus a worked quote example and the underwriting questions to expect, see our restaurants insurance cost page.

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Frequently Asked Questions

How much does Restaurants insurance cost?
Insurance costs for Restaurants businesses vary based on revenue ($500K - $3M), employee count (10-50), location, claims history, and coverage types needed. Key coverages include BOP, GL, Workers Comp. Get quotes from multiple carriers to find competitive pricing — premiums can vary 20-40% between carriers for the same account.
What insurance does a Restaurants business need?
Most Restaurants businesses need BOP, GL, Workers Comp at minimum. Liquor liability must be added separately if alcohol exceeds 30-50% of revenue at most carriers The right coverage package depends on your revenue, employee count, and specific risk exposures.
What are the biggest insurance risks for Restaurants businesses?
The primary risks for Restaurants businesses include: High slip-and-fall exposure; Fire and grease risk; Liquor liability if alcohol served; Employee turnover drives WC claims. Common claims include Customer slip-and-fall, Foodborne illness, Kitchen fire. Understanding these risks helps agents recommend appropriate coverage limits and endorsements.
What do carriers look at when underwriting Restaurants businesses?
Key underwriting factors for Restaurants include: Annual revenue, Seating capacity, Liquor percentage of revenue, Years in operation, Fire suppression system type, Delivery operations. Carriers use these factors to determine pricing and eligibility. Businesses with clean loss history and strong risk management practices typically qualify for better rates.
What should agents know when quoting Restaurants insurance?
Liquor liability must be added separately if alcohol exceeds 30-50% of revenue at most carriers. BOP is the standard starting point but may exclude liquor liability. Workers comp is mandatory in most states for restaurant employees. Using a comparative rater to quote multiple carriers simultaneously helps agents find the best combination of coverage and pricing for each Restaurants account.

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