Restaurant Insurance
Restaurant
We will design an insurance program that provides the most comprehensive coverage for your restaurant whether it be fine dining, family-style, or franchised operations. We offer insurance programs endorsed by the Illinois and Indiana Restaurant Associations. Our specialized carriers can provide all necessary insurance coverage to include workers' compensation, auto and umbrella coverage.
For those establishments serving alcoholic beverages, we can provide liquor liability insurance as well as offer fixed rates on general liability coverage versus the standard gross receipts that determine your premium.
We offer insurance programs endorsed by the Illinois and Indiana Hotel & Restaurant Associations and can handle a wide range of hospitality businesses, from small B&B's and corner diners to national chains and franchisors.
Key Services
Special Coverages
We conduct a ground-up coverage assessment, looking for gaps in your current program that put you at risk. Hotels and restaurants have a heightened need for specialized coverage, such as care, custody and control, liquor liability, boiler and machinery, employment practices, and crime. We match you with insurance markets that provide the best coverage at the most competitive price.
Building Appraisal
We provide detailed building appraisals to determine accurate replacement costs to help put the right coverage in place. This service is particularly important for historic or registered properties.
Workers’ Compensation EMR
Workers' compensation is a significant expense for hotels and restaurants, and the workers' compensation experience modification (EMA) is an area of key concern. We review your current EMR and project your future EMR. We find ways to keep it under control through claims advocacy and careful review of rating factors.
Contract Review & Program Flexibility
We assess contractual agreements you have with business partners and franchisors to ensure that your risk management program protects you in light of those agreements. We don't take a "one size fits all" approach to your business-we present you with flexible and creative rating options, including gross receipts, "per key" (composite), or fixed premium.
Risk Management & Loss Control
With Braman, you benefit from access to comprehensive safety program resources. We work with you to create formal written safety training programs and control loss to help ensure you stay on the right side of compliance requirements.
