Protecting Your Restaurant Business with Fulcro’s STACK

Running a restaurant or bar can be incredibly rewarding, but it also comes with its fair share of challenges, including managing risks and liabilities. Amidst the demands of the industry, prioritizing insurance is crucial. Fulcro’s STACK initiative offers a streamlined solution by providing pre-packaged insurance policies tailored specifically for the restaurant and bar industry. These packages ensure comprehensive coverage based on your unique needs, allowing you to focus on the success of your business. Here’s how Fulcro’s STACK can safeguard your restaurant, employees, and guests.

Comprehensive Insurance Solutions for the Restaurant Industry

Fulcro’s STACK initiative provides a range of insurance coverages designed to address the specific risks faced by restaurants and bars. Here’s a detailed look at the essential coverages included in our tailored packages:

• Commercial Property Coverage: Commercial property insurance for restaurants provides extensive coverage against various risks such as fire, theft, and vandalism. Fires are particularly common in restaurant kitchens and can quickly cause significant damage. This insurance protects the building, furnishings, equipment, supplies, products, and other items used in the restaurant, including liquor stock theft.
• Commercial General Liability: This coverage protects your business from third-party bodily injury or property damage arising from business operations. It’s essential for safeguarding against potential lawsuits and liability claims.
• Equipment Breakdown Insurance: Equipment is the backbone of any restaurant, and unexpected breakdowns can disrupt operations. Equipment Breakdown Insurance covers mechanical, electrical, and computer equipment failures, including the cost to repair or replace damaged equipment.
• Commercial Auto Insurance: Any vehicles used for your business must be covered by commercial auto insurance. Personal auto policies typically don’t cover losses incurred from business use, so it’s crucial to add personal vehicles under a non-owned auto clause to your commercial policy.
• Workers’ Compensation: Workers’ compensation is required by law and provides coverage for employees against work-related injuries. It includes the cost of care, rehabilitation, and lost wages incurred by employees while recovering from an injury or illness.
• Employment Practices Liability Insurance (EPLI): EPLI covers defense costs and damages related to employment-related claims such as wrongful termination, discrimination, workplace harassment, and retaliation. This coverage is vital for protecting your business from employment-related lawsuits.
• Business Income Insurance: If your establishment has to close due to direct physical damage to the property, Business Income Insurance can replace lost income. This coverage helps keep your business afloat during recovery periods when you cannot reopen quickly.
• Business Owner’s Policy (BOP): A Business Owner’s Policy (BOP) provides a bundled insurance solution covering general liability, commercial property, and business income insurance at a lower cost. However, BOPs have limited scope and might not cover all your needs. For more flexibility, a Commercial Package Policy (CPP) allows you to add or drop specific coverages, offering a tailored insurance program.
• Cyber Insurance: Cyber Insurance protects against financial loss and liabilities due to data breaches or cyberattacks. In an increasingly digital world, this coverage is essential for protecting your business’s sensitive information.

Why Choose Fulcro’s STACK?

Fulcro’s STACK  simplifies the process of selecting and managing insurance for your restaurant or bar. Our pre-packaged solutions are designed to meet the unique demands of the industry, providing comprehensive protection and peace of mind. By partnering with Fulcro, you gain access to specialized expertise and robust insurance solutions that safeguard your business from various risks.

Get in Touch

Ensure your restaurant is fully protected with the right insurance coverage. Contact one of our insurance specialists to review your current insurance programs and learn more about how Fulcro can provide comprehensive protection tailored to your specific needs. Let us take care of your insurance, so you can focus on running a successful restaurant.

By partnering with Fulcro you can navigate the challenges of the restaurant industry with confidence, knowing your business is protected against the unexpected. Reach out to us today to secure your restaurant’s future