Restaurant insurance
RAPID
SPECIALISTS
Guarantees for hospitality professionals
For restaurant ownersHowever, they are well aware that the first three years of the establishment's life are the most expensive in terms of insurance. Hence the need to carefully study their needs and take out insurance that guarantees a good level of cover, but at the best price too.
Distinctive advantages of our Express™ Restaurant product
- No proportional rules for your restaurant
- Replacement value offered automatically
- Zoning clause included
- Basic deductible from 500$
- No obligation to rebuild on the premises of the insured restaurant
Why buy accommodation and restaurant insurance?
No restaurant or lodging establishment owner can afford to lose everything and reduce his or her efforts to nothing by simply failing to take out suitable insurance. Assur360 offers its customers catering professionals and accommodation insurance covering the various risks associated with this type of activity. The following are eligible for this insurance:
- restaurants,
- food trucks,
- caterers
- inns
- hotels
- motels
In addition to the usual third-party liability coverage, hospitality professionals now have the option of taking out tailor-made insurance policies to cover the various risks and claims that may arise.
Property and tenant improvement warranty
This type of insurance is activated in the event of theft or damage to property belonging to the hotel or restaurant. Thanks to this type of coverage, the insured can benefit from the replacement of said property, whether it's equipment, bedding, restaurant fittings or other items. Of course, the amount of coverage must be adapted to the property and equipment inventoried. The best thing to do is to enlist the help of your business insurance broker.
Machine breakdown warranty
This type of cover is very similar to property cover, but it covers more professional equipment and appliances, including restaurant appliances such as dishwashers and fridges, among others. This type of insurance also covers loss of food following a compressor breakdown, for example.
Exclusive extension
Our catering product Express™ offers exclusive protection against the consequences of infectious diseases for an amount of 10000$ per claim.
A FLEXIBLE GUARANTEE FOR RESTAURANTS
EXPERT™ Property takes an innovative approach to protecting your buildings, equipment and
your merchandise by grouping extended warranties into advantageous categories with
common features and generous amounts shared by insurance period. This avant-garde format
allows you to choose how you want to distribute your settlement amounts. Insurance
restaurants that put you in control.
WELL-INFORMED RESTAURANT INSURANCE BROKER
The team at the dedicated commercial lines insurer understands the complex needs of business owners like you, and works closely with Assur360 to create a customized insurance solution for your business.
24-HOUR CLAIMS EXPERTISE,
7 DAYS A WEEK
The team of claims adjusters The insurer's experienced team acts quickly to reduce downtime and minimize the impact on your business.
* Expert is a product offered exclusively by our partner Economical Assurance.
What are the insurance missions?
Visit missions of an insurance company may vary according to the type of insurance offered and the structure of the company, but in general they cover the following elements:
Risk Assessment : Evaluate the risk associated with each insurance policy to determine the level of coverage required and the amount of the premium.
Insurance underwriting : Determine whether an insurance applicant is eligible for the cover requested, and under what conditions.
Contract management : Manage the issue, renewal and modification of insurance contracts to ensure that they meet policyholders' needs while complying with current regulations.
Loss Prevention : Provide information and advice on how to reduce risks and prevent losses, thereby contributing to the safety of property and people.
Claims handling : Manage claims fairly and efficiently, assessing losses and compensating policyholders in accordance with the terms of their contract.
Reinsurance placement : Transferring part of the risk to other insurers (reinsurers) to protect the insurance company against major losses.
Premium investment : Manage funds collected in the form of insurance premiums to generate income while guaranteeing the ability to pay future claims.
Regulatory Compliance : Ensure that the company's activities comply with all applicable laws and regulations, including capital and solvency requirements.
Customer Service : Provide high-quality customer service to answer questions, resolve problems and maintain a good relationship with policyholders.
Innovation and Product Development : Designing and introducing new insurance products to meet changing consumer needs and new market opportunities.
These missions are essential for providing financial protection to individuals, businesses and society as a whole, by covering risks and providing security in the event of a claim.