Restaurant Insurance

Restaurant Insurance

As a restaurateur, you know that there are many ingredients needed to run a successful business. Don't get caught overlooking a critical piece by exposing your restaurant to unneeded risks--get a Guelph restaurant insurance policy.

 

If your business manufactures, sells, serves, or facilitates the use or purchase of alcohol, then you need liquor liability insurance coverage.

There has always been a great deal of confusion about the need for liquor liability, even among insurance professionals. Liquor liability laws vary greatly by state, and insurance policy coverage options are often confusing. Here are the basics:

  • Party Alcohol Liability: provides protection when lawsuits are brought against individuals, organizations or companies who host single/multi-day functions with alcohol service and is designed for event hosts who are holding reception type events in a rented facility.
  • Liquor Legal Liability: provides coverage for bodily injury or property damage for which you may become legally liable as the result of contributing to a person's intoxication. This coverage is provided by a separate policy and will only cover establishments 'in the business of' manufacturing, selling, distributing, or serving alcoholic beverages for a charge. This exposure is not covered under a general liability policy.
Restuarant insurance
Restuarant insurance guelph
Restuarant

        Integrated Explorations Inc.

        We would recommend Colley Insurance to any organization without hesitation

        Teutech Industries Inc.

        They (Colley Insurance) have been able to effectively meet our ever changing requirements, due to our rapid growth, in a professional manner

        Knar Jewellery

        Over the last two decades, Colley Insurance has provided Knar Jewellery with unparalleled service and support.

        The more your assets grow, the higher your liability risks are. No matter how well you’ve covered your bases, sometimes things go wrong. A car accident. A guest who slips and falls on your property. A lawsuit. If you don’t have the right coverage, an unfortunate situation can compromise your financial security and put your personal assets at risk.

        An excess policy responds when the underlying liability limits of your other policies, such as home and auto, aren’t enough to cover the unexpected costs of a lawsuit or accident.

        It is important to note that most Canadian insurance policies carry on average $1,000,000 of liability coverage. This limit can quickly become quickly exhausted and is very frequently limited to North America. The Group Personal Excess policy provided by Chubb Insurance provides up to $5M of worldwide coverage which extends to all dependent member of your house hold and also provides coverage for foreign owned assets.*

        * Territorial restrictions apply: Sudan, North Korea, Iran, Cuba, Syria

        Personal Liability (Homeowners) for bodily injury and property damage in the minimum amount of $1,000,000 per each occurrence.

        Registered and unregistered vehicles in the minimum amount of $1,000,000/$1,000,000 bodily injury and $1,000,000 property damage; or $1,000,000 single limit per each occurrence. Registered vehicles include motorcycles and motorhomes.

        Uninsured and underinsured motorist protection in the minimum amounts of $1,000,000 per each occurrence. This requirement does not apply to the provinces of Quebec or Manitoba.

        Watercraft less than 8 metres (26feet) and 50 engine rated horsepower or less for bodily injury and property damage in the minimum amount of $100,000 per each occurrence.

        Watercraft 8 metres (26 feet) or longer or more than 50 engine rate horsepower for bodily injury and property damage in the minimum amount of $500,000 per each occurrence.

        *The above liability limits must be in USD if the asset is located in the United States.

        Each participant is covered for a $5 million limit of liability, and there is no annual aggregate on the policy.

         

        Your Chubb Group personal Excess Liability coverage provides worldwide automobile rental coverage (subject to a few territorial restrictions), for up to 60 days. You can rent a car while on vacation and have coverage for personal injury and property damage without buying the additional insurance.

         

        Yes. At the time of writing this (November 1, 2017) you would not be covered in Iran, North Korea, Syria, Cuba and Sudan. Please check with us for any changes to these territorial restrictions.

        What do I do if there is an accident?

        Please contact Colley Insurance at 1-888-824-0445 as soon as possible, so we can help you through the claim process.

        Need any help!

        Office: 519-824-4040
        Toll-Free: 888-824-0445
        Fax: 519-763-6839
        customerservice@tgcolley.com
        1 - 34 Harvard Road Guelph,
        ON N1G 4V8

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