Your business property goes beyond your building and contents. Our specialized hospitality insurance may also cover business interruption, food spoilage, sewer and drain backup, lost business income due to utility failure, equipment breakdown, signage, employee crime, high-value art, and more. Our Business Owners Policy for restaurants, bars, pubs and taverns is an affordable (BOP) with one of our A rated admitted insurance companies. This policy covers common perils, including fire, vandalism, storm damage and broken pipes. It may also cover, or give the option to cover, flood, sprinkler leakage, and the extra expenses associated with a business shutdown due to a covered loss.
Food Spoilage Insurance
Many businesses in the hospitality industry fail to understand the importance of spoilage insurance until after they find themselves in need of it, either because they lost money from spoiled food or have received a patron lawsuit as a result of food poisoning. The first thing you should know is that it’s a fairly inexpensive add-on to your general business insurance policy. That makes it a simple addition for most restaurant owners and provides a flat amount of protection for your restaurant in the event that a power outage or refrigeration equipment malfunction leads to spoiled food
Your business property goes beyond your building and contents. Our specialized hospitality insurance may also cover business interruption, food spoilage, sewer, and drain backup, lost business income due to utility failure, equipment breakdown, signage, employee crime, high-value art, and more. Our Business Owners Policy for restaurants, bars, pubs, and taverns is an affordable (BOP) with one of our A rated admitted insurance companies. This policy covers common perils, including fire, vandalism, storm damage and broken pipes. It may also cover, or give the option to cover, flood, sprinkler leakage, and the extra expenses associated with a business shutdown due to a covered loss.
Liquor Liability Insurance
Any establishment that sells, serves, or assists in the purchase or use of liquor (i.e. dram shop) opens its doors for a liability claim as a consequence of someone getting drunk to the extent that injuries or property damages are the result. This includes restaurants, bars, nightclubs, and taverns. While it’s logical that the inebriated person should be the one to pay, in reality the business that served the alcohol could be liable for injuries, damages, or both that occurred as a result of actions, behaviors, or conduct of a patron who drank too much.
Can you believe all the new innovations that are available for your home? Many new technologies can help you in the kitchen, help keep your home cooler in summer, and some even reduce your homeowner’s insurance premiums. Here is a recent quote from an insurance company, “If somebody has some sort of temperature-monitoring system in their house, we give them a discount for that.”
Here are a few technologies that will help keep your home safe, and will also lower insurance costs.
Security systems -- It seems like everywhere you go, there's a camera capturing images. If you own a smartphone or tablet, you probably have a camera that's built into the device. You can not only secure your home, but actually see what is going on through videos.
Electronic locks -- Nowadays you don’t even need a key to get into your home! These electronic locks can add additional security to your home.
Connected appliances -- Appliances that you can turn off and on from your smart phone not only help with your lifestyle, but also keep your home safe.
Leak detection systems -- Smart homes can be controlled from your phone, and when connected to your home's water and electrical system, can provide you with real-time updates on how these systems are performing. If you are using more water than normal, you will be notified that there is likely a leak present.
Timed lighting -- Having outside and inside lights come on during the evening while you are away deters burglars.
Smoke and fire detectors -- Having good detection systems keeps your family safe and insurers provide discounts for these.
Home weather warning systems -- There are weather warning programs that can detect high winds and identify severe weather earlier than ever.
The Neate Dupey Insurance Group had its beginnings in 2010 with the establishment of AMD Insurance Services in Scottsdale, Arizona.
Since then, we have grown to become a boutique independent insurance broking and risk management firm, supported by a large panel of national carriers, with clientele throughout the United States.
We occupy the niche between the big national insurance agencies and the typical suburban or captive agency. This makes us the ideal insurance partner for those clients seeking a combination of personal service and technical expertise.
We focus on tailoring innovative insurance solutions for clients who require more than "off the shelf" financial services.
As a full- service insurance agency, our clients range from large multi-state enterprises, to small and medium business, along with residential home, scheduled personal property, auto, liability umbrellas and all other ancillary personal insurance products.
When you form a relationship with Neate Dupey, you can rest assured knowing you will always be treated as an important client, and that your business or family's future will be fully protected.
Now that the weather is changing throughout much of the country, many of us are heading outside to have some fun or start the home improvement projects that we have been planning for all winter. But before the outdoor fun begins, please remember to do it safely. Every year, more than 60,000 people are treated in emergency rooms for lawn-mower injuries. In 2016, there were 6,100 reported home fires involving gas or charcoal grills leading to $29.1 million in direct property damage, according to the National Fire Protection Association.
Be Safe While Having Fun
If you are planning on having some fun this spring, remember these safety tips:
If you are going on a bike ride, be sure to wear a helmet. Verify that the helmet sits level on top of the head–not rocking in any direction–and always fasten the safety strap.
When using a barbecue grill, always be sure to leave sufficient space between the grill and your home’s siding and eaves.
Keep children and pets far away from the grill.
With gas grills, be sure that the hose connection is tight and check hoses carefully for leaks.
If you own a pool, install a pool alarm to detect accidental or unauthorized entrance into the water. Always have an adult in the area when children are using the pool. Limit use of alcohol when enjoying your pool.
It would be a good idea to test all play structures, including tree houses. Check play structures for sharp screws, bolts, or nails. Make sure the swing set is on a level area and the legs are properly anchored.
Do not leave tools or sharp objects in the back yard.
Be Safe While Completing Work Projects
Spring is a good time to complete an inspection of all motorized equipment to make sure they are in good working order.
Always wear shoes and long pants when using gardening power tools to protect your legs and feet from flying rocks and debris.
Never start your projects when you are tired. Fatigue can cause severe injuries with accidental slippage while using a dangerous power tool.
If you are digging around your yard, confirm that there are no electrical or gas lines in the area.
Remember that your body may not be used to heat, so if it is hot be careful not to get heat stroke. Hydrate yourself on a regular basis.
All of us at Neate Dupey Insurance Group appreciate your continued business and referrals. Please don't hesitate to call or email us for any reason. We would love to hear from you!
Do you own or manage a restaurant? Then you know that it is a great deal of work, but it can be very rewarding as well. There are risks that come with restaurants, and insurance is a good method of transfer. Here are a few common restaurant insurance issues you may want to better understand:
The single most important insurance coverage your restaurant or bar needs is Liquor Liability. Liquor Liability will defend you against charges, losses, and claims resulting from your negligence arising out of serving or selling alcohol. If your operation were found liable you could lose hundreds of thousands of dollars.
If you serve a customer alcohol and they are involved in an accident, the injured party and the person to whom you served the alcohol can file a claim against your business for damages.
Liquor Liability Insurance is available, but not always included, under Commercial General Liability policies. In fact, most standard liability policies exclude Liquor Liability. Liquor Liability can be purchased as an endorsement to your Commercial General Liability policy. If you serve or sell alcohol at your restaurant, bar, tavern, we recommend you add this coverage.
Food poisoning does occur infrequently, and it is not limited to restaurants that have poor hygiene standards or obtain their foods and ingredients from less-than-reputable sources. Guests can become sick from not only the food itself, but also the preparation and cooking methods
Whether you are a large or small restaurant you know the employer – employee relationship has changed. In today’s world, employers can no longer assume all employment relationships will go smoothly. Finding a suitable Employment Practices Liability Insurance (EPLI) program has become one of the most important things owners and managers can do.
We have many more insurance products for restaurants and can create and deliver real solutions for you.