Hospitality and Restaurant Insurance
Reliable insurance for the hospitality and restaurant industries
The first three years of owning a restaurant are the most costly in terms of insurance. This is why we are dedicated to saving you as much money as possible, by offering you the best coverage available.
You have invested time, energy and money into your business. Why risk seeing your efforts reduced to nothing? Gaudreau Assurances works with all restaurant insurers in order to offer you the best restaurant and hospitality insurance available, adapted to your specific needs.
- Food Trucks
- Hotels and Motels
- Seasonal Restaurants
- Franchisees and Franchisers
- Inns and Hotels
- Bed & Breakfasts
- Special Events
Along with professional liability insurance, businesses in the hospitality and restaurant industries should also sign up for other types of insurance that are less well-known, but just as important!
- Leasehold improvement and goods insurance
This coverage will help you replace goods that are stolen or damaged due to an accident, such as a hotel’s bedding or a restaurant’s furnishings. Note that this kind of insurance is not effective if the coverage amounts are inadequate.
- Machine breakdown insurance
This type of insurance is similar to goods insurance, but more specifically concerns professional appliances, such as a restaurant’s dishwashers and refrigerators. Your professional equipment can be costly; don’t risk having it break! With this kind of coverage, you can also cover loss of food due to a compressor breakage or make a claim.
- Business interruption insurance
This kind of insurance allows you to cover the loss of revenue that results from an accident or disaster. Although restaurant and hospitality professionals have a tendency to forget, this kind of insurance is indispensable for complete coverage of a business. For example, if a fire has just destroyed your business, you will not be able to profit from it for a certain time. To make up for your absence of revenue, your business interruption insurance will indemnify you while the damage is being repaired.