It’s 6:00 a.m. and the familiar buzz of the alarm clock gets me up. Time for a few runs on the treadmill and a shower. Coffee and juice, with a raisin muffin and yogurt and that’s breakfast. Time to head out to the bank and post office, then it’s off to the office to meet my first insurance customer of the day, a local fellow who’s starting his own catering business.
The office is buzzing with good morning greetings when I arrive, and the smell of freshly brewed coffee is in the air. I have time to grab a cup, get my computer up and running, check my emails, and review my notes for the meeting at 9:15 a.m.
My new customer arrives right on time and we sit down in my office to talk about his new startup – a catering business. He will have six employees to start out and two delivery vans. What kind of insurance will he need? Well, let’s see…
Standard restaurant/catering insurance usually includes the following, so that’s what we’ll cover.
- General Liability: With general liability you’ll be protected from usual complaints filed by your customers. For instance, if a customer slips and gets injured inside your business, they can be covered by this policy.
- Food Contamination: This is important for restaurant or catering owners in cases of food spoilage, the policy coverage will replace the total content of your freezer and refrigerator. It also supports other expenses pertaining to food.
- Property Liability: The property liability protects you and your property from natural disasters and fire. Flood and earthquake insurance are add-ons.
- Automobile Liability: Your automobile insurance policy will cover your company vehicles for accidents and break downs. As you grow your catering business, we can discuss auto fleet rates.
- Workers Compensation: If one of your employees gets hurt while doing their job, this policy protects your business. Most states require this policy.
- Life Insurance: As the business owner, you may want to have this policy in case something happens to you. It helps your family and/or successors in stepping up to run the business.
I thought it was important to also mention this to my new customer:
“One other point is good to know. If at some time you want to roll some of these policies into a BOP or Business Owner’s Policy, we can review that when the time comes.
So, if you’re ready to go forward, let’s get some paperwork signed and you will be good to go, insurance-wise.
Thanks for choosing Killebrew Insurance as your preferred independent agency. We appreciate you and your business. We’ve been around a long time and look forward to having you as a customer. Let us know how we can help, whether it’s business insurance or personal. We will take care of you!”
It’s been a good day all the way around. New customer, several old customers stopping in to renew or make changes to their policies. And, it was my turn to be taken to lunch by one of my associates. Headed home now, realizing you can’t beat a day like this!