Contents and Inventory
Covers losses to owned or leased property like food inventory, food service products, tablets and equipment. This coverage includes:
- Spoilage coverage
Coverage for inventory loss caused by spoilage resulting from power outages or equipment breakdown.
- Transit coverage
Applies to items that are in transit and away from your restaurant premises, such as serve-only trailers and off-site kiosks.
Business Income Interruption
Covers the loss of an Operator’s net income and continuing operating expenses after a covered loss and includes:
- Utility interruption coverage following 24-hour qualifying period
Applies following direct physical loss resulting from a covered peril in the event of a utility disruption, including service loss of water, telecommunications, sewer, electricity and more.
- Third-party interruptions covered under the policy due to direct physical loss
If a third-party business is interrupted (a supplier location, a leader location that attracts customers or a recipient location that receives products of the restaurant), Business Income coverage will be triggered.
Non-owned Auto Physical Damage
Covers physical damage to vehicles not owned by the Operator and includes:
- A broad range of physical damage
Non-owned vehicles being used for restaurant business are covered for a wide range of physical damage, such as collision with another vehicle, hitting a bird or animal, falling objects, glass breakage, vandalism, fire and more.
Enroll in Property coverage
|PLEASE NOTE: These policies are not standalone. Contents and Inventory coverage must be purchased with Business Income coverage or Non-Owned Auto Physical Damage coverage. Business Income coverage and Non-Owned Auto Physical Damage coverage must be purchased with Contents and Inventory coverage.
Exclusions may apply. For a full understanding of coverage, please read the policy.
Property coverage limits and premiums
*Click here to view CAT counties.
An increased deductible may apply to losses caused by windstorm or earthquake if the insured is situated in a designated county. Please contact Lockton Affinity if you are unsure of your restaurant’s designation.
Have questions about our Property insurance?
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