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                                       What It Means to Be a CIC - The Certified Insurance Counselor (CIC) designation is a distinction that represents a commitment to professional excellence and leadership within the insurance industry. The 28,000+ designated CICs across the country are recognized as among the best and most knowledgeable insurance practitioners in the nation. The formal training required to become a CIC includes 100 classroom hours and the successful completion of five comprehensive exams, with an annual update required to ensure that CICs maintain their edge as the most capable and current insurance practitioners in the industry.                                                                                

We've Made Shopping For Restaurant Owners Insurance Fast, Easy, and Available Online

To Get A Quick Quote With Several Leading Property & Casualty Insurance Companines Just Complete A Short Online Information Form - Click Below Highlighted Quote Request For Online Form

  Safeco Insurance

 

We Insure Franchises / Fast Foods Chains / Full-Service Fine Dining & Family Restaurants / Limited Service & Takeout Food Services / Catering 

No Matter What Kind Of  Restaurant  You Own (Large Or Small)

We Can Help You Secure Insurance Coverage At Affordable Rates

 

We Will Customize A Restaurant Insurance Program To Suit Your Business

 

Services & Coverages We Offer The Restaurant / Food Service Industry

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We specialize in offering comprehensive insurance programs & risk management services to the Restaurant Industry .

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Our insurance coverage services include Comprehensive Property Coverage (Including But Not Limited To Food Spoilage or Contamination ) , Casualty Coverage (Including But Not Limited To General Liability / Liquor Liability / Valet Parking Non-Owned Auto Liability )  , Pollution Legal Liability , Employment Practices Liability , Crime - Dishonesty, Depositors Forgery And Theft, Disappearance and Destruction Of Monies And Securities ,  Workers Compensation or Occupational Accident, Customized Employee Benefit Programs ( Including But Not Limited To Health / Life / Dental / Vision / Disability Income ) , Commercial Auto/Courtesy Van Insurance Coverage ,  and various other insurance policy forms or services to suit your firm's specific business needs.

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We offer loss prevention information &  risk control services to aid your personnel with their responsibilities in providing  for the safety of your guests,  employees, and their or your  property.

 

 Restaurant Insurance Coverage Program Highlights

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Group purchasing power and competitive prices

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Relationships with top-rated, financially secure insurance carriers

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Coverage enhancements to meet restaurant / food service industry needs

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Affordable, high-limit Umbrella options

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Specialists devoted to servicing restaurant industry accounts.

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Superior claims and risk control services

 

Property Program -A Comprehensive program including coverage for:
bulletFood Contamination Coverage ( including food spoilage, contamination such as E. coli, & contagious diseases, food borne illness , etc.)
bulletSpoilage Coverage
bulletDelivery Errors and Omission Coverage
bulletBrands and Labels Coverage
bulletMerchandise Withdrawal Expense Coverage
bulletReward Payment Coverage
bulletLock Replacement
bulletWind Strom & Hail (  in designated coastal areas separate optional coverage is available thought the Tx Windstorm Insurance Association )
bulletBusiness Interruption - Loss of Income ( including payroll of  key permanent employees) / Extra Expense Coverage while you restore or rebuild your business ( including utility service outages resulting from a covered cause of loss ).
bulletOrdinance Or Law - Equipment Coverage
bulletBackup of sewer and drains
bulletBoiler , Machinery, & Food Storage Equipment
bulletDecontamination and Clean-Up Expense for land and water on property
bulletPlants, Trees , and Shrubs
bulletOutdoors Signs & Furniture
bulletGlass
bulletValuable Papers / Accounts Receivable / Money & Securities
bulletOff Premises Personal Property
bulletBuilder's Risk While You Build A New Location
bulletTerrorism Coverage available
bulletFlood Coverage is available through the National Flood Insurance Program.
bullet Click To Request Restaurant Owners Property Insurance Quote

 

Employment Practices Liability
bulletPrior Acts Coverage
bulletPunitive Damage Coverage
bulletThird Party Coverage (Example: guest claims of discrimination)
bulletAccidental Death and Dismemberment Coverage
bulletAggressive Rates and Deductibles
bulletLimits to fit individual requirements
bulletDedicated claims adjusters assigned
bulletStaff training for Human Resource Departments
bullet Click To Request Employment Practices Quote

 

Casualty Program
bulletComprehensive General Liability
bulletFire Legal Liability : Covers fire losses you or your employees cause which results in damages to the property of others.
bulletLiquor Liability
bulletNon-Owed Auto Liability for Valet Parking
bulletUmbrella/Excess Liability
bulletCrime: Blanket employee dishonesty, depositors forgery and theft, disappearance and destruction of monies and securities
bulletOptional Directors & Officers Liability Polices
bullet Click To Request Restaurant Owners Property Insurance Quote

 

Group Umbrella
bulletUp to $5 million limits available per person
bulletIdeal for executives with multiple business interests
bulletNot-for-profit D&O
bulletWorldwide coverage
bullet Click To Request Commercial Umbrella Liability Quote

 

 

Pollution Legal Liability
bulletOn-Site clean-up of Pollution Conditions
bulletLegal Liability for Pollution Conditions
bulletBusiness Interruption coverage resulting from an interruption caused by Pollution Conditions
bulletUnderground Storage Tank coverage available
bulletMicrobial Matter coverage available
bullet Click Here To Request Quote
Workers Comp   
bullet Group Purchasing Group Premium Volume

Discounts Up To 10 % + Managed Care Discounts up to 14 % are available to TRA Members along with the potential of dividend payments ( depending on carriers annual  claims results)

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Standard Texas Workers Compensation

bullet                                                                                                                 Occupational Accident   (Non- Subscriber Occupational Medical / Disability Coverage)

 

bullet Click To Request Workers Compensation Quote

 

Employee Benefit Programs
bullet Group Health - Fully Insured HMO/PPO or Self Insured Programs   
bullet Group Short & Long Term Disability Income Protection
bullet Group Term Life -Voluntary or Employer Paid
bullet Group Dental -Voluntary or Employer Paid
bullet Group Vision -Voluntary or Employer Paid
bulletGroup Limited Benefit Medical Insurance and Supplemental Coverage-  Very Affordable Voluntary Coverage (no employer contribution required) for part time or lower income hourly paid employees that simply can not afford traditional major medical coverage  (these type plans are generally offered along with Preferred Provider Network Access Pr0grams which substantially reduced fees for healthcare services at pre-negotiated or discounted fees for services rendered ) .
bullet Click To Request A Employee Benefit Group Insurance Quote
Commercial Auto 
bulletCourtesy Vans / Auto - Physical Damage & Liability
bulletValet Parking
bulletGarage Liability
bulletNon-Owned / Hired Auto Liability
bullet Click Here to Request A Commercial Auto Quote
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Loss Prevention & Risk Control  Services

Participants in the our Risk Management Hospitality Programs have access to a variety of risk control tools. Our resources include:

Expert Consultants

Our insurance companies and affiliated risk management & managing general agencies partners , offer experienced risk control consultants to provide hazard assessment surveys, consult with us & our agencies Hospitality Program members, and provide a variety of other services.

 Technical Bulletins

 Technical bulletins are an excellent resource that provides 1-4 pages of technically accurate and useful information for the busy general manager or director of safety & security.

Training / Management Guides

To assist in critical areas, including slip-trip & falls, pool safety, fleet safety, and crisis management, we have developed comprehensive guides to aid in training and program development.

For a helpful overview of the tools risk control NSU offers you to help reduce claims frequency and severity, please see the below linked PDF NSU brochure:

  Risk Control Services:
Protecting Your Guests – Preserving Your Bottom Line

 

 

Restaurant- Businessowners Insurance Policy

Insurance Service Office (ISO) SAMPLE Policy Forms

Note: These Are Sample Policy Forms That Represent Insurance Industry Standardized Commercial Lines Policies.

Coverage proposals presented to you by our Agency may differ; as each insurer represented may offer modified coverage by endorsement or have filed it's own unique policy forms with the Texas Department Of Insurance. Please carefully read any carrier prepared proposal presented to you and where necessary request a copy of each insurance company policy form or endorsement presented; so that you may compare any differences in coverage offered.

 

Businessowners Policy Form - ISO -  Special Property BP 00  02 12 89 & Liability BP 00 06 01 97 Forms   (click to view / read / print )

Special Restaurant Owners Endorsement  - ISO - BP 07 78 04 07 Form (click to view / read / print )

 

Package policy that combines property / general liability insurance coverages for commercial buildings / contents / loss of income with several other kinds of coverage into a single multi-peril multi-risk insurance policy .

 

Introduction

Businessowners Insurance  Policies help businesses, including farms and ranches, pay to repair or replace buildings, associated structures, and contents damaged by fire, storms, theft, and other events outlined in the policy.

This publication provides general information about the kinds of commercial property coverage that are available in Texas. It can help you evaluate different commercial property policies, understand how rates are determined, and ask the right questions when shopping for insurance. You should review your policy carefully to understand your specific coverage.

Overview

Business owners who either own or lease their buildings may purchase commercial property insurance. It’s important for a tenant business to understand that the building owner’s insurance policy will generally only cover the building or structure, not the contents of the building belonging to the tenant. Tenants should purchase their own policies to insure their on-premises property, such as machinery, furniture, and merchandise. An insurance company will evaluate factors such as a structure’s location and construction materials to determine the likelihood of a property loss. The cost of tenant coverage will generally be significantly less than for owned property coverage because the policy will only apply to the leaseholder’s on-premises property and not the building.

Typically, businesses operating on multiple premises are covered by a single policy. In certain instances, such as when two business locations serve different functions and have different risk profiles, separate policies may be needed. This may be the case when a business insures both an office location and a factory, for example.

A commercial property policy may pay based on either the “actual cash value” or “replacement value” of a loss. An actual cash value policy will pay only the amount of the property’s worth at the time of the loss  Worth is determined by the value of the property minus depreciation due to age and normal wear and tear. A replacement value policy will pay to purchase new property of like kind and quality after a loss. In general, a replacement value policy better ensures that a business can fully recover after a significant loss. Replacement value policies are typically more expensive than actual cash value coverage because the policy limits should reflect the cost to replace damaged property with new property.

Almost all policies have a “deductible,” which is an amount the business must pay out of pocket toward the cost of a claim before the insurance company will pay. Generally, the higher a policy’s deductible, the lower its premium will be because the policyholder is accepting a greater share of the cost of any eventual claims. Most policies will also include a “policy limit,” which is a maximum amount the insurer will pay toward any covered loss.

Insurers use a process called “underwriting” to evaluate the likelihood that a given policyholder will file a claim for a loss. The greater the likelihood, the higher the premium will be. If an insurer determines that a business poses too great a risk of a loss, it may decline to issue a policy entirely. If your business is declined for coverage, keep shopping; companies have their own criteria for determining whether to issue coverage and the rate to charge. If one company turns you down or is too expensive, another may be willing to issue coverage or offer a lower premium. There may also be certain steps your business can take to lower its risk and either qualify for coverage or get a lower rate.

Different types of commercial property policies protect against different risks, or “perils.” It’s important to understand which types of losses a policy does and does not cover. A commercial property policy will almost never cover any loss that is either not specifically included in the policy language or is specifically excluded. Therefore, be sure you read a policy carefully before you purchase it. You may need to buy certain specialized policies, such as flood, windstorm, or crime coverage to be protected from those particular losses.

Commercial property insurance is not standardized in Texas. Insurance companies must comply with minimum requirements but have a great deal of flexibility to develop their own policies.  As a result, the coverage provided by one insurer’s policy may differ substantially from that of another. When shopping for commercial property insurance, be sure to evaluate the costs and coverages of the policies you’re considering.

Common Commercial Property Coverages

Commercial property policies in Texas generally fall into one of three categories:

bulletBasic form policies typically cover common risks or perils, such as damage caused by fire, lightning, vehicles, aircraft, or civil commotion. Most basic form policies also cover damage from windstorms, except in counties on the Texas coast, where businesses will likely need to purchase a separate policy for windstorm protection.
bulletBroad form policies typically provide basic form coverage plus coverage for additional perils, such as water damage, structural collapse, sprinkler leakage, and losses resulting from ice, sleet, or weight of snow.
bulletSpecial form policies cover against all types of losses except those specifically excluded by the policy. Common special form exclusions include losses resulting from flood, earth movement, war, terrorism, nuclear disaster, wear and tear, and insects and vermin.

Additional coverages

Many business owners buy additional coverages. Some are available as separate policies, and others are available as endorsements, or “riders,” that enhance or amend a policy’s base coverage. Generally, adding endorsements to a policy will increase your premium. Ask your agent about these additional coverages:

bulletLiability insurance. Protects against the cost of lawsuits and possible court judgments.
bulletBusiness interruption coverage. Pays for actual or projected income lost when a covered peril prevents normal business operations. Coverage forms can be added to a commercial property policy that provide only business income coverage, only extra expense coverage, or a combination of both in the same form.
bulletExtra expense coverage. Pays any added costs a business may incur resulting from the need to expedite the return to operations after a covered loss.
bulletBuilding occupied by the insured. Covers a building that the insured regularly uses but does not own. This endorsement can be important if a business leases or borrows a building that’s critical for operations.
bulletNewly acquired or constructed buildings. Most commercial property policies allow the insured to add newly acquired property to their policies within a certain time period. If the insurance company is not notified within the time period, typically 30 days, the coverage will not apply. Commercial property policies generally only cover buildings named in the policy.
bulletProperty off premises. Property located within a covered structure is generally covered by a base policy. Damage to property located off premises may not be covered, or may only be covered to a limited extent. Coverage for off-premises property can often be purchased as an endorsement to the base policy or as a stand-alone policy.
bulletPersonal property of employees while at insured premises. Generally only property owned by the insured entity is covered, unless this endorsement is added. A coverage extension in the base policy might provide a limited amount of coverage for personal effects and property of others.
bulletValuable papers coverage. Assigns a value to records or other essential information that could be lost. Papers are typically covered only to a limited extent by the base policy.
bulletOrdinance or law coverage. Provides an additional amount to cover the increased cost of construction necessary to comply with building codes that might be triggered after a covered loss damages the insured property. This coverage can be added by endorsement, but the base policy might contain a limited benefit.
bulletBoiler and machinery coverage. Boilers, air conditioning units, compressors, steam cookers, and electric water heaters are examples of machinery typically covered by this endorsement. Coverage generally extends to specifically listed machinery and any subsequent losses that result, such as when a boiler explosion or water heater leak causes damage to other property. This coverage may also often be purchased as a separate stand-alone policy.

Coverage against Crime

There are several types of policies that can protect a business from losses resulting from crime. Policies may be issued on a “loss sustained” or “discovery” basis. Loss sustained coverage pays for losses that occur during the policy period, while discovery coverage pays for losses that occur at any time. Both types require that losses be discovered during the policy period or extended reporting period. Common crime coverages include:

bulletLoss of glass and money due to theft pays for damage to glass and any loss of money resulting from a break-in.
bulletRobbery and safe burglary, property other than money is a more limited form of coverage that does not include money or securities.
bulletForgery or alteration protects a business against forgery or alteration of checks, drafts, promissory notes, or other directions to pay.
bulletTheft, disappearance, and destruction coverage insures money, securities, and other property against loss, both on premises or in the custody of an employee or messenger while off premises.

Commercial Multi-Peril Policies

Commercial multi-peril (CMP) policies combine one or more coverage forms, such as commercial property, general liability, inland marine, crime, or commercial auto, in a single policy. A business owner could add other types of coverage to ensure full protection within the convenience of a single policy.

Business owner programs (BOPS) are a common form of commercial multi-peril policy. BOP policies are tailored to the needs of small-business owners and combine property and liability coverage in one policy.

Flood insurance

Some companies may include flood coverage in their commercial property policies for areas with a low flood risk. However, most flood insurance in the United States is administered by the National Flood Insurance Program (NFIP).

To qualify for NFIP coverage, a business must be located within an NFIP-participating community. These communities have adopted federal building and floodplain management programs aimed at reducing the likelihood of future flood damage. “Special Flood Hazard Areas” are high-risk areas within NFIP communities that are a more likely flood risk. The NFIP requires all structures within these areas to have flood insurance. Because 25 percent of all floods occur in areas designated as low-to-moderate risk, even businesses outside hazard areas could benefit from flood policies.

Flood insurance is purchased through designated private insurance agents.. To get a quick quote click here call 1-800-361-8734.

Windstorm and Hail insurance along the Texas coast

Insurance companies usually exclude windstorm protection from commercial property policies for businesses located in one of Texas’ 14 coastal counties or within certain areas of Harris County. Property owners in these areas will have to buy windstorm coverage through the Texas Windstorm Insurance Association (TWIA).

TWIA is a “pool” of all property and casualty insurance companies authorized to write coverage in Texas. The insurers share the claims risk for structures located in areas with a high risk of windstorms. Buildings in these areas constructed, repaired, or remodeled prior to January 1, 1988, are automatically eligible for TWIA coverage. Those constructed, repaired, or remodeled after that date are required to pass a state inspection and receive a Certificate of Compliance, Form WPI-8, before windstorm and hail insurance coverage can be issued through TWIA.

If a business notifies its local Windstorm Inspection Field Office before beginning construction or repairs, a TDI inspector may be able to perform the inspection free of charge. The inspection will be scheduled for sometime during the course of the work. If the business requests a windstorm inspection after construction or repair work has started, the inspection must be performed, for a fee, by a Texas-licensed professional engineer approved by the Commissioner of Insurance. A list of professional engineers approved to do windstorm inspections is available on the TDI website and is also available at local TDI Windstorm Inspection Field Offices.

How Commercial Property Rates are Determined

Fire risk is typically the primary factor that determines a policy’s premium. Accordingly, a business with neat, orderly grounds and good fire protection will likely have a lower premium than a business with debris piled next to buildings and little or no fire protection. The type of business also is an important factor. For example, an explosives factory would almost certainly be deemed a higher fire risk than a travel agency.

Fire risk is assessed according to a formula to determine the structure’s “fire rating.” The complex formula weighs many factors to determine the fire rating, which largely determines the property’s premium rate.

The fire rating is determined through a physical inspection of the property by a state-licensed fire inspector. Fire inspectors are typically contracted by insurance companies to perform inspections as part of the underwriting process. Inspectors are required to use a standard rating system to determine fire ratings. The five criteria used are:

bulletConstruction materials. Buildings made of potentially combustible construction materials will likely have higher premiums, while those made of fire-resistant materials could earn a discount. Additions to an existing structure may negatively impact a fire rating, so it’s a good idea to consult with your agent or insurer before remodeling. Internal structural elements can also impact a fire rating. Using wood partitions, floors, and stairways in an otherwise fire-resistant building will likely nullify any rate reduction, whereas fire-resistant interior walls, floors, and doors can help preserve a good fire rating.
bulletLocation. Buildings located in cities or towns with good fire protection , as assessed by the Texas Commission on Fire Protection, typically cost less to insure than buildings outside of a city, where fire protection may be limited.
bulletOccupancy. The nature of a building’s use also impacts its fire rating. An office facility will likely rate favorably, provided that it contains little equipment that could start or feed a fire. A restaurant – with grills and ovens – or an auto repair shop will likely rate less favorably than an office. It’s important to remember that one relatively hazardous occupant will negatively impact the fire rating of an entire building. If your business is in a building with a more hazardous occupant, your premiums will be higher than they would be for your business alone.
bulletFire protection measures. Automatic sprinklers can reduce a building’s fire rating by as much as 50 percent. Buildings with fire extinguishers and automatic alarms and those located within 500 feet from a standard fire hydrant will generally have lower ratings.
bulletExposure. Nearby hazards increase a building’s fire risk. Proximity to external fire hazards such as a lumber yard or oil storage tank will negatively impact a fire rating to an even greater degree. Internal exposure risks might include cluttered building grounds, hazards posed by certain types of mechanical or electrical equipment, or on-site storage of volatile materials.

To learn the fire ratings of the individual structures on your business’ premises, ask your insurance agent. Your agent can access a statewide database of the ratings for all commercial properties. If you disagree with the rating assessed for any building your business owns or leases, first try to work with your agent, insurance company, and the inspector. If you are still dissatisfied, contact TDI’s Inspections and Fire Safety Office, the state’s final arbiter of disputed commercial property ratings

TDI Inspections and Fire Safety Office
PO Box 149104
Austin, TX 78714-9104
512-322 2259

Shopping for Commercial Property Insurance

One of the most effective ways to save on commercial property insurance is to begin shopping for coverage before you build, purchase, or lease a business property. Shopping in advance can help you understand exactly how a building’s characteristics will impact your premium.

Purchasing a commercial multi-peril policy can be another way to save. CMP policies combine multiple coverage forms into a single policy, typically for a lower premium than purchasing the coverage forms individually.

The following additional tips can also help you save money or avoid other pitfalls when buying a commercial property policy:

bulletMinimize all possible risks before applying for coverage. Examine your business carefully for factors that could contribute to the likelihood of an insurance claim. Improving employee safety, security, and inventory management can reduce the amount you pay for commercial property insurance and other types of coverage, such as workers’ compensation and general liability insurance. Most insurance companies also offer loss-control or risk-reduction services. Contact your agency or company for help identifying potential risks and implementing plans to eliminate them.
bulletGet quotes from several companies. Insurance companies can have significantly different rates, even for the same or similar coverages. It pays to shop around. When comparing prices, make sure you’re comparing policies with similar coverage. Keep in mind that, while one policy might be cheaper than another, it might also provide less coverage. In general, it’s best to buy the policy that provides the most coverage you can afford.
bulletConsider higher deductibles. Higher deductibles can lower your premium, but remember that your out-of-pocket costs will be greater if you have a claim.

Help us prevent insurance fraud. To report suspected fraud, call our toll-free Fraud Hot Line

1-888-327-8818

To report suspected arson or suspicious activity involving fires, call the State Fire Marshal’s 24-hour Arson Hot Line

1-877-4FIRE45 (434-7345)

 

Recent Texas Hurricanes

Don’t Be Caught Without Windstorm Insurance Coverage! - After the recent catastrophic hurricane seasons and with many people still trying to put their homes and lives back together, is your home covered for hurricane or other windstorm damage so you won’t be the next victim? If you live in one of the Texas' coastal counties, then you know how devastating and costly a storm can be. Don’t let an unexpected storm, like Rita, cost you. With the latest and most effective wind resistant construction, you will have a stronger structure and a better opportunity to obtain windstorm and hail insurance coverage through the Texas Windstorm Insurance Association or the voluntary market.

Territory

TWIA's territory includes the following fourteen (14) counties along the Texas gulf coast and parts of Harris county:

TWIA's territory includes the following fourteen (14) counties along the Texas gulf coast and parts of Harris county:

     

Aransas

Galveston

Matagorda

Brazoria

Harris County (partial)*

Nueces

Calhoun

Jefferson

Refugio

Cameron

Kenedy

San Patricio

Chambers

Kleberg

Willacy

 

 

 

* Part of Harris County - When located inside city limits and east of highway 146, the following portions of Harris County are also included:

 

 

 

LaPorte

Pasadena

Shore Acres

Morgan's Point

Seabrook

 

 

Dwellings, personal property, manufactured (mobile) homes.