Why Do You Need Juice Bar Insurance?
Juice bars run on a passion for wellness. But that doesn’t mean your shop runs smoothly all the time. Fortunately, business insurance for juice bars can:
- Help protect your business from a customer liability claim after a slip and fall.
- Offer workers’ compensation benefits if an employee gets hurt on the job.
- Help recover the costs of property damage after a break-in.
Types of Juice Bar Coverage
Like any small business, juice bars have unique needs. We take the time to understand them, so we can offer the insurance coverages that help keep your business running smoothly. The Hartford can help tailor insurance coverages from a variety of options. Many juice bar owners start with a Business Owner’s Policy (BOP) because it combines three essential types of insurance into one policy, including:
General liability insurance helps protect your food and beverage business from the legal costs of bodily injury claims.
Commercial property insurance, also known as business property insurance, helps protect your owned or rented building, as well as equipment and supplies you use to operate. These can include:
- Food processors
- Juicers
- Blenders
- Refrigerators
- Seating
Business income insurance helps replace your lost income if you can't operate your juice bar temporarily because of property damage from things like fire, wind or theft.
While a BOP serves as a good foundation for your insurance plan, it doesn't protect you from every claim your business may face. You may need other types of coverage to create well-rounded protection, such as:
Workers’ compensation insurance gives your juice bar employees medical, wage and other financial benefits if they are injured or get sick on the job. It can also help cover your legal costs if an employee sues your business after a work-related injury or illness. Workers’ comp laws will vary by state, but most state laws require you to have this coverage if you have any employees.
Commercial auto insurance can help cover the cost of an auto accident if you or your employee is at fault.
What Is the Cost of Juice Bar Insurance?
The cost of business insurance varies depending on factors like location and coverage needs, but here are the average costs our customers pay for a few common types of coverage:**
- BOP: $ $2,772 a year or $231 per month
- Stand-alone general liability insurance: $1,021 a year, or about $85 a month
- Workers' compensation insurance: $1477 a year, or about $123 a month
Our specialists can work with you to understand the unique risks your business faces and help determine the coverage you need. The best way to find your cost is to get a quote.
