Restaurant Insurance Lafayette LA

Restaurant Insurance Lafayette LA – Great Rates Are Within Your Grasp!

Restaurant Insurance Lafayette LA

Great rates on Restaurant Insurance in Lafayette La are so close you can almost taste them (pun intended).

If you call our office at 337-824-4455 weekdays before 4:30 PM CST (lunch break between 12:00 and 1:00 PM), a licensed agent will be happy to assist you with free Lafayette Restaurant Insurance quotes, answer any insurance questions you may have, or provide you with helpful information.

Another great way to request free quotes from multiple companies offering Louisiana Restaurant Insurance is filling out our simple online quote request form available 24 hours a day.

To access the form, just click the option below closest to your location:

Lafayette Restaurant Insurance – Part 30: Recap Part 2

This week we will continue to summarize the events that have transpired in our fictional account of Pete Ross and his fledgling restaurant.

We left off last time with Pete looking for a way in which he could keep his monthly premiums low while also insuring his newly-purchased building.

Tracy tried to find a workable solution for Pete that would allow him to insure his property while also keeping a manageable monthly rate.

She told him that the best option available was to set Pete up with a $500,000 insurance plan for the property, which is half of the recommended coverage amount of $1,000,000.

This option would mean lower monthly payments for Pete, but the catch is that the property policy has a coinsurance clause.

Coinsurance, Tracy explained, is the percentage of the building’s value that the insurance company requires you to insure before a penalty is applied.

The policy requires an 80% coinsurance. Since 80% of a million dollars is $800,000, and Pete will only be insuring it for $500,000, he will be penalized in the event of a claim.

In a nutshell, if Pete’s property suffers a loss and the insurance company agrees to cover it, he will still have to pay over half of the costs.

Pete only had ears for a lower monthly payment, however, so he elected to go ahead with this plan even though it was against Tracy’s better judgment.

Not long after that, a drunk driver crashed his dump truck into the side of Squeaky Pete’s Pork Emporium, causing massive damage.

The firm providing insurance for the dump truck paid Pete over $250,000 for the incident, but they also sued the bar that the dump truck driver came from just before the crash.

In a future article, we’ll give a synopsis of the final events in the story.

Restaurant Insurance Lafayette LA – Contact Our Brokerage Right Away.

337-824-4455 is the number to call when you need better rates and coverage on Business Insurance for Restaurants.

Contact Our brokerage today or click below to access our online quote form:

Business Insurance for Restaurants New Orleans

Business Insurance for Restaurants New Orleans – Free Quotes Available 24/7

Business Insurance for Restaurants New OrleansFor free quotes on Business Insurance for Restaurants in New Orleans the best place to call is Jeff Davis Insurance.

Jeff Davis Insurance is an independent insurance agency in Louisiana offering the very best rates on Restaurant Insurance in New Orleans, Baton Rouge, Lake Charles, Kenner, Bossier City, and throughout the pelican state.

If you’re interested in saving money on your restaurant insurance then call us today at 337-824-4455 Monday through Friday before 4:30 PM CST.

You also have the option to click a location below to use our online quote request form available 24/7:

Business Insurance for Restaurants New Orleans – Story Recap 

Today we continue the story of restaurant owner and entrepreneur Pete Ross as he navigates the pitfalls of opening and running his new restaurant, Squeaky Pete’s Pork Emporium.

During the short lifespan of his restaurant, Pete has had to deal with losing his entire stock of food due to power loss, a lawsuit from a customer who slipped on oil and injured himself, and an employee who was badly burned in a kitchen accident.

All the while, Pete’s insurance agent Tracy has advised him on what his insurance does and does not cover, as well as the available optional endorsements that would extend coverage for claim events that might otherwise not be covered.

Half a year goes by without any problems, until one day a grease fire is ignited in the kitchen.

Let’s find out what happens next…

New Orleans Business Insurance for Restaurants – Coverage Scenario Part 8

If you recall, Pete hired a company to clean his grease traps each week. However, Pete did not notice that the company had not come by in a while to empty them, so they became jam-packed with grease.

Grease traps can and do catch on fire, and that’s exactly what happened to one of Pete’s grease traps on a busy Saturday evening. Alvin, one of the restaurant’s part time waiters, was walking by just as the fire broke out and takes immediate action by dumping a pitcher of water on the fire!

Unfortunately that was the wrong move for a grease fire. Now the small fire has quickly become a much bigger one, causing all of the kitchen staff of Squeaky Pete’s Pork Emporium to frantically exit the kitchen in a panic.

Immediately the fire alarms go off causing what could be best described as a chaotic stampede of customers rushing for the door.

Ginger, one of the older, more experienced waitresses, rushes to the kitchen and grabs a Class B fire extinguisher. She douses the flames and before long they have died down.

One of the customers outside called 911, and fire trucks pull up a few minutes later as Ginger walks out the door carrying the empty fire extinguisher.

Pete had run down to the local Costco to pick something up and arrived 10 minutes after Ginger doused the grease fire, only to see customers milling in the parking lot along with two fire trucks and firemen rolling up their hoses.

Pete begins to wonder if he’s cursed. He thinks to himself, “fire should be covered by my insurance.”

By now he has Tracy on speed dial. She’s not in the office right now, of coursde, but he leaves a message stating that he needs to file another claim.

What will Tracy have to say about this one? Is a fire claim covered by Pete’s’ insurance? Find out next week!

New Orleans Restaurant Insurance – Our Agents Are Standing By!

Dial 337-824-4455 to speak to an agent over the phone or click one of the links below to launch our free online quote request app: