Restaurant Insurance

I have been getting many calls from clients asking whether their restaurant (or restaurant group) needs to provide (and pay for) health insurance for their employees.  Unfortunately, the answer is not a simple one.

Beginning this year, companies with 50 full-time equivalent employees (“FTE”) must provide health insurance to at-least 70% of their employees.  In 2016, at-least 95% of all employees must be covered starting in 2016.  If your initial reaction was “I don’t have 50 full-time employees” don’t get too comfortable just yet.  Lets look at the facts:

What Insurance Coverage Does a Restaurant Need?

There is tremendous potential liability involved when operating a restaurant.  Liability varies  depending on a number of factors.  Some of these factors include how large your business is, the number of people you employ, the number of customers you serve, whether you serve alcohol and whether you own the property, among other things. Having the right insurance and sufficient coverage can help you avoid major problems for your restaurant.