Please note- this is part of our Secrets of Insuring Restaurants 3-part series. This class can be purchased individually, or purchased in our 3-pack.
Historically, the restaurant business is a risky venture for the restaurant owner. The industry is very competitive and the economy impacts these businesses like any other. However, new restaurants seem to be opening every day. For agents to successfully place coverage on restaurants, it is essential to possess unique information to prospect and write restaurants.
An overview of the 3-part series:
This 3-part commercial webinar series helps agents explore the fundamental characteristics of these fascinating, service-oriented risks. The information shared in this series will provide all attendees with an understanding of the general types of restaurants, terminology specific to restaurants, statistics, the construction and equipment unique to restaurants, coverage offered in the market, and gain knowledge of claim issues. Real life restaurant case studies are used during these webinars. The goal of this series is to introduce agents to the insurance requirements of small restaurants and to boost the knowledge and confidence of those prospecting and writing these risks.
Part 2: An Overview of Restaurant Coverage: What insurance products are typical for small restaurants?
Participants in this session will:
- Have an overview of the primary products on the market today
- Learn what makes restaurants different in terms of coverage needs
- Learn the differences between BOP and CPP
- Discover how leasing versus owning impacts coverage needs