Owning and running a coffee house can be intense and stressful as well as fun and rewarding. But thanks to the popularity of Starbucks and other upscale coffee houses, this segment is growing.
Don’t let your commercial coffee house insurance add to the stress. Having a good commercial coffee insurance policy in place will reduce stress and worry down the road. Spend your time creating new and exciting coffees and lattes for your clients and not worrying about what ifs.
A good commercial coffee house insurance policy should cover employees, buildings and equipment, loss of income, and general liability. Due to the nature of the work, a shut down or business interruption could be disastrous. Make sure a loss of income insurance is included. Product liability is a must for a coffee house owner to put into place.
A coffee house insurance policy needs to provide coverage for a variety of risks. There are a number of coverage options with varying limits and deductibles. Talk to your licensed insurance professional to review what is available. Make sure to get product liability insurance as part of the package no matter what you other options you choose. On product liability claim can be financial ruin for a small start up or even established coffee house business.
In addition to these coverage options, your commercial coffee house insurance should cover workers compensation, property, and general liability. Other specialty coverage that is available includes plate glass and signage for your retail location.
Make sure you discuss the distinct aspects of your business with your licensed insurance professional so they can help you determine the appropriate coverage. Spend your days with customers and building your business, not worrying about risks associated with running a retail coffee operation.