If you grew up playing chef or dreaming of owning a restaurant, then you're not alone. There are many perks to having a dining venue, and protecting it should be top of mind. Fortunately, Kentucky business coverage can include insurance for your restaurant.

A Kentucky independent insurance agent  will have access to several carriers so that you get the best policy for an affordable price. They'll even do the shopping for free, saving you time and money. Get connected with a local expert for custom quotes today.

What Is Restaurant Insurance?

In Kentucky, it can be an exciting business to own a restaurant. However, you'll need the right coverage for the job. Check out some standard policy options for restaurants below:

• General liability: Pays for claims for bodily injury or property damage.
• Business property: Pays for the replacement or repair of your business property.
• Business inventory: Pays for the replacement or repair of your business inventory.
• Business equipment breakdown: Pays for replacing or repairing your business equipment when a covered breakdown occurs.
• Commercial umbrella liability: Pays for additional liability coverage when underlying limits have been exhausted due to a larger claim.
• Business auto: Pays for an accident when a business auto is involved.

Leading quick-service restaurant chains in the US last year, by sales per unit (in million US dollars)

The volume of sales your Kentucky restaurant will do depends on several factors. What style of restaurant you have and how much you have to pay out of pocket for losses will cut into your profit.

What Does Restaurant Insurance Cover in Kentucky?

Kentucky has 351,260 small businesses in operation. The restaurant industry will have tailored protection that caters to your shop. Let's look at common restaurant insurance options:

• Coverage for claims of bodily injury or property damage
• Coverage for your business inventory such as products
• Coverage for business equipment that breaks down due to a covered loss
• Coverage for employees who are injured or become ill on the job
• Coverage for commercial vehicles used to operate the business
• Coverage for disgruntled employees that sue due to discrimination or harassment

Most property policies will come with coverage for fire, natural disasters, theft, vandalism, and water damage. For adequate limits, be sure to check with a trusted adviser. 

How Much Is Restaurant Insurance in Kentucky?

In Kentucky, $4,661,744,000 in commercial insurance claims were paid last year. Insurance companies look at multiple risk factors when figuring your premiums, past claims being one of them. Take a look at the factors carriers consider when quoting your restaurant insurance:

• Loss history
• Replacement cost values
• Insurance score
• Experience level
• Local crime rate
• Local weather patterns

Total retail and food services sales in the US

The good news is that if you're in the restaurant industry, you'll have a product that everybody needs. Food sales are a substantial market and could be a viable business option.

What Are the Benefits Of Insuring My Kentucky Restaurant?

In Kentucky, 4,414,349 people are living in the state. That means more and more residents could venture into your restaurant. While that may be good for business, if you're not fully protected, you could be in a heap of trouble. 

It is beneficial to have proper coverage so that you can avoid a lawsuit. If you have to pay for a loss on your own, it could wipe out your reserves and leave you penniless or worse. 

How an Independent Insurance Agent Can Help in Kentucky

Your business insurance can be confusing when you're not a licensed professional. A restaurant could need several policy options, and knowing what's best can be a challenge. Fortunately, you're not alone because a trained adviser can help for free.

A Kentucky independent insurance agent will do the shopping for you through their network of A-rated carriers. They'll find the best options for your restaurant, and get a rate that's affordable. Easily connect with a local expert on TrustedChoice.com for fast savings.