Restaurant Insurance Baton Rouge

Restaurant Insurance Baton Rouge – Affordable Rates from Top Companies!

If you are searching for affordable Restaurant Insurance in Baton Rouge then call Jeff Davis Insurance at 337-824-4455 today. We offer free quotes with great rates on Baton Rouge Business Insurance for Restaurants from top-rated companies.

Our office hours are Monday through Friday 8:00 AM to 12:00 PM and 1:00 PM to 4:30 PM CST.

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Baton Rouge Restaurant Insurance – Story Recap

In part 11 of our continuing series following Pete Ross, owner of a restaurant called Squeaky Pete’s Pork Emporium, Pete received a real bombshell.

He was informed by his insurance agent, Tracy, that his current restaurant insurance policy will soon be canceled by the insurer due to Pete’s excessive claims activity.

Pete was understandably perplexed, so Tracy explained to him from a business perspective why the insurance company came to that decision.

Pete eventually sees her point and then asks what his options now are.

Tracy tells him she’ll see what she can do for him.

Business Insurance Baton Rouge – Coverage Scenario Part 12

Tracy gets to work finding another insurance company who will be willing to insure Pete for Squeaky Pete’s Pork Emporium before Pete’s current policy ends.

A couple days later, Tracy gives Pete a call.

“Hi, Pete.”

“Hi, Tracy,” Pete replies. “What have you got for me?”

“I have good news and I have bad news, Pete,” Tracy answers, reservedly.

“I could use some good news right about now,” says Pete with some exasperation.

“Well, the good news is that I did manage to find one insurance company willing to insure your restaurant.”

“That’s great!” Pete exclaims excitedly, seeming to forget that bad news is about to follow.

“The bad news,” Tracy continues, “is that even though the company is willing to allow you to make monthly payments, your premiums with this new company are going to increase from $5,000 for the year to about $14,000.”

Pete almost has a heart attack. His premiums nearly tripled in the space of a single year!

While Pete struggles with the news, Tracy does her best to explain why his premiums are so much higher.

“Pete, you have to look at it from the new company’s viewpoint. They are willing to insure you. Remember, Pete, you only paid $5,000 to your previous company for the entire year while they paid out $150,000 for multiple claims.”

Tracy pauses while trying to be tactful with Pete.

“To be honest, every company to whom we submitted your account turned you down because of your claims. I’m sorry, Pete. This company is your only option.”

After this all sinks in, Pete has a question for Tracy.

“Would I, by any chance, be able to get a discount on my insurance if I were the owner of my building?”

“Why do you ask?” Tracy inquires before answering.

“The owner of the building I am leasing is filing bankruptcy and wants to sell it to me at a pretty cheap price so I agreed to buy it. In fact, next Tuesday we are scheduled to close the deal, so if I buy more coverage can I get a discount?”

“What are you buying the restaurant for?” Tracy responds.

Pete relates this information to Tracy. She promises to revise her quotes, now including coverage for the building, and get back with him.

Tracy gets the adjusted quotes and calls Pete two days later.

In our next article, we will learn what Pete’s options now are for the revised quotes.

Baton Rouge Restaurant Insurance – Let the Specialists at Jeff Davis Insurance Help You.

The business insurance specialists at Jeff Davis Insurance are ready to help you find the very best rates and coverage being offered for your Louisiana Restaurant Insurance needs.

Call 337-824-4455 or request a free quote online by clicking one of the locations below:

Restaurant Insurance Louisiana – Announcing New Programs with Excellent Rates in Louisiana!

Are you the owner or soon-to-be owner of a restaurant in Louisiana? Are you searching for affordable coverage for Restaurant Insurance in Louisiana?

No matter if you are a brand new business enterprise or a veteran of the culinary industry, the agents of Jeff Davis Insurance can help you find the insurance protection you need at unbeatable prices.

Give us a call today at 337-824-4455 before 4:30 PM CST and we’d be happy to speak with you.

Have you found us after normal business hours or on the weekend? No problem at all. To request a Restaurant Insurance quote electronically, simply click one of the locations listed below to launch our free online quote request form:

Restaurant Insurance Louisiana – Story Recap

In a previous article we were introduced to Pete Ross. When Pete was given an ultimatum by his extremely wealthy parents to figure out what he wants to do with his life, he convinced them to float him a loan in order to open a restaurant.

They agreed, but they also made it clear that after this loan it will be sink or swim for Pete.

Pete found a location, acquired an insurance policy, stocked his freezer with food, and all the other preparations that come along with opening a new restaurant.

He then took off on a vacation for a few days before the opening day of his business.

Upon returning he discovered that a storm had knocked out power to his building, resulting in an almost complete loss of his stores of ingredients.

In spite of this setback, Squeaky Pete’s Pork Emporium’s opening day is a big success. It’s only after that first weekend that Pete remembered that his restaurant insurance policy just might cover food spoilage.

Now that we’re all caught up, let’s see what happens next.

Restaurant Insurance Louisiana – Coverage Scenario Part 2

Pete calls up his agent, Tracy.

“Hey there, Tracy. I have a quick question about my restaurant insurance.”

“Okay, Pete,” Tracy answers. “What do you need to know?”

“Well, my restaurant lost power last week so I lost everything that was being kept in the freezer.

Now, I seem to recall something in my policy about coverage for spoilage. Is that the case?” Pete asks hopefully.

“I’m afraid that’s not the case, Pete,” Tracy replies with regret. “You probably remember something about it because I recommended you purchase an optional coverage endorsement back when you set up your restaurant policy. Your Restaurant Insurance Policy does not extend coverage for spoiled food, but there is an optional coverage called Spoilage Insurance that would cover an event like this.”

“Well, I guess I should buy some Spoilage Insurance, then.”

Check in next time to find out what Pete gets himself into next.

Restaurant Insurance Louisiana – You Know the Restaurant Business. We Know The Insurance Business.

As a restaurant owner, you know the ins and outs of the restaurant business. By the same token, we at Jeff Davis Insurance know the ins and outs of the insurance business. Let us put that knowledge and experience to work for you.

Give us a call today by dialing 337-824-4455 to learn how you might be able to save big money on your Louisiana Restaurant Insurance premiums.

To request a free quote online you need only click one of the links below to be taken to our convenient electronic form:

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Restaurant Insurance Baton Rouge