Owning a franchise restaurant comes with the advantage of an established brand’s support, but it also carries unique risks. SAX Insurance Agency is here to guide you.
Policy Coverages for Franchise Restaurants:
Owning a franchise restaurant combines the strength of an established brand with the challenges of managing unique risks in a fast-paced environment. At SAX Insurance Agency, we understand the complexities of operating a franchise restaurant and offer tailored insurance solutions to protect your business, employees, and customers. As an independent agency, we partner with A-rated, California-admitted carriers to deliver comprehensive coverage that fits your franchise’s specific needs, ensuring peace of mind so you can focus on delivering exceptional dining experiences.
Our Public Liability coverage, also known as General Liability, protects your franchise restaurant from third-party claims related to bodily injury, property damage, or personal injury on your premises. From slip-and-fall accidents in the dining area to incidents involving customers or vendors, this coverage safeguards your business’s financial stability and reputation.
Your employees are the backbone of your restaurant, from chefs to servers. Our Workers’ Compensation coverage protects your staff by covering medical expenses, lost wages, and rehabilitation costs for injuries or illnesses sustained while performing their duties. This coverage ensures compliance with California labor regulations and supports your workforce.
Power outages, equipment failures, or other disruptions can lead to costly food spoilage in a restaurant. Our Food Spoilage coverage reimburses the cost of replacing perishable inventory, such as fresh ingredients or prepared dishes, ensuring your franchise avoids financial losses due to unexpected events.
Your restaurant’s physical assets—building, equipment, furniture, and signage—are critical to operations. Our Property Damage coverage protects against losses from perils like fire, theft, vandalism, or natural disasters, ensuring your franchise can repair or replace damaged property and resume business quickly.
Managing a restaurant staff comes with risks related to employment practices. Our Employment Practices Liability Insurance (EPLI) protects your franchise against claims of wrongful termination, discrimination, harassment, or other employment-related issues. This coverage is essential for safeguarding your business from costly lawsuits.
Many franchise restaurants rely on vehicles for deliveries, catering, or operational tasks. Our Auto Liability coverage includes:
Owned autos: Vehicles owned by the franchise, such as delivery vans.
Hired autos: Vehicles rented or leased for business purposes.
Non-owned autos: Personal vehicles used for restaurant-related activities by employees or volunteers. This coverage protects against auto-related incidents, reducing financial exposure for your franchise.
Unexpected events like fires, equipment breakdowns, or natural disasters can halt restaurant operations. Our Business Interruption coverage compensates for lost income and covers extra expenses, such as temporary relocation or payroll costs, during recovery periods, helping your franchise maintain financial stability.
Every franchise restaurant is unique, and SAX Insurance Agency offers a range of customizable coverage options to meet your specific needs, including:
Liquor Liability: Protection for restaurants serving alcohol, covering liabilities related to intoxication or alcohol-related incidents.
Cyber Liability: Safeguards against data breaches or cyberattacks affecting customer payment information or business records.
Fidelity/Crime Coverage: Protection against theft or fraud by employees or vendors handling cash or finances.
Equipment Breakdown: Coverage for repair or replacement of critical systems like refrigeration units, ovens, or POS systems.
Flood and Earthquake Insurance: Tailored coverage for natural disasters based on your restaurant’s location and risk profile. Our insurance experts work closely with you to assess your franchise’s risks and recommend tailored solutions for comprehensive protection.
Franchise restaurants face unique risks, from brand compliance to high customer turnover. At SAX, we design insurance solutions that align with your franchise’s operational needs and the standards set by your franchisor, ensuring seamless protection.
With extensive experience insuring restaurants, including franchises, SAX understands the challenges of the food service industry. From managing high-traffic dining areas to ensuring food safety, our expertise ensures your coverage addresses the full spectrum of risks.
We partner exclusively with A-rated, California-admitted carriers, ensuring compliance with state regulations and reliable claims handling. These financially stable insurers provide dependable backing, giving you confidence in your coverage.
In the event of a claim, our dedicated team guides you through every step, working with top-tier carriers to ensure a fast and fair resolution. We aim to minimize disruptions so your restaurant can return to serving customers quickly.
Whether your franchise is a single location or part of a multi-unit operation, our insurance solutions are flexible and scalable. We adapt coverage to accommodate growth, new menu offerings, or changes in your restaurant’s operations.
Protect your franchise restaurant with the tailored, comprehensive insurance solutions from SAX Insurance Agency. Contact us today to request a personalized quote or schedule a consultation with one of our experienced insurance advisors. Let us help you safeguard your business, employees, and customers.
Disclaimer:Coverage availability and terms may vary based on the specific needs of your franchise restaurant and the policies offered by our partner carriers. Please contact us here or on social media for a detailed review of coverage options and exclusions.
