Legal and Insurance

RE: ARE YOU COVERED?

bman123 — Tue, 10 Feb 2009 19:34:02 GMT

No offense, but the article is somewhat weak. Purely for practical reasons, not promotional, I recommend that any restaurant owner simply put together a great core team of professionals: accountant, attorney, insurance agent (in that order). Make sure that each professional has a significant clientele of restaurants or is a specialist in restaurants. That will go a long way to getting you up a running and avoiding problems long term. Many articles you will read concerning insurance and restaurants are simply too vague or give misinformation. "BOP" actually refers to "Business Owners Policy" and ignores "CPP" (Commercial Package Policy)..and it is too technical to go into here. That is why you pay a professional to handle it, not a forum. Just as you specialize in your theme and cuisine for the restaurant, so should the insurance broker. I recommend the following who gets the best rates and coverage each year. Good luck.

http://www.RestaurantInsurance.com 1-800-427-8006

http://www.WorkComp.com 1-888-678-1888

One is for restaurant insurance and the other is for workers compensation. Either or both can handle any restaurants needs.

RE: ARE YOU COVERED?

akgold — Fri, 11 Apr 2008 01:24:14 GMT

This articles highlights the importance of getting business insurance. Taking a few minutes to read such helpful articles on the Community is helpful. As with other types of insurance, one must read the details of the General Business Owners Plan.

RE: ARE YOU COVERED?

knktconsult — Wed, 30 Jan 2008 06:43:45 GMT

This was an excellent article- very useful links as well.

RE: ARE YOU COVERED?

Generation4 — Fri, 25 Jan 2008 23:34:12 GMT

This was a very informative article. Excellent points made.

RE: ARE YOU COVERED?

Grow_Safely — Fri, 25 Jan 2008 19:44:18 GMT

Great article, but don't forget about Accounts Receivable Insurance! Most businesses don't know they can insure their Accounts Receivable and guarantee they get paid for goods shipped or services rendered. After all, the Accounts Receivable are probably one of the businesses largest assets. In addition, a business is much more likely to have a loss on their Accounts Receivable that from a fire.

RE: ARE YOU COVERED?

BDS INC — Tue, 22 Jan 2008 19:39:04 GMT

Good article - definitely speak to your provider about your coverage mark.