General Liability vs. Property Insurance for Restaurants

As restaurant owners and managers, understanding the differences between general liability and property insurance is essential for protecting your business and ensuring its long-term success. At Axcess Insurance, we help Utah restaurants navigate their insurance options so they can focus on what matters most.

What Is General Liability Insurance?

General liability insurance is designed to protect your restaurant from claims involving bodily injury, property damage, or personal injury that may occur on your premises. For example, if a customer slips and falls in your dining area or if someone claims food poisoning, general liability coverage can help cover legal fees, medical expenses, and settlements. This type of insurance is often required by landlords or lenders and is a foundational part of any restaurant’s risk management plan.

What Does Property Insurance Cover?

Property insurance, on the other hand, focuses on protecting the physical assets of your restaurant. This includes your building, kitchen equipment, furniture, inventory, and even signage. If your restaurant experiences a fire, theft, vandalism, or certain types of weather damage, property insurance can help cover the cost of repairs or replacements. In Utah, where weather events and other hazards can pose real threats, having robust property coverage is crucial.

Why Both Types of Coverage Matter

While general liability and property insurance serve different purposes, both are vital for comprehensive restaurant insurance. General liability helps shield your business from lawsuits and third-party claims, while property insurance safeguards your investment in your physical assets. Without both, your restaurant could face significant financial setbacks due to incidents outside your control.

How Our Team Supports Utah Restaurants

Our team at Axcess Insurance specializes in helping Utah restaurant owners assess their risks and build insurance programs tailored to their needs. We take the time to explain your options, answer your questions, and ensure you have the right combination of coverage to protect your business. Contact us today to speak with our experienced team.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.