Ice Cream Shop Insurance Scope
The risks for your ice cream shop are wide-ranging due to the variety of exposures involved with your business. There are several policies that ice cream shop business insurance covers. Some of them include;
Food Contamination Insurance for Ice Cream Shops
Many ice cream shops also have a restaurant or deli. These are areas where you serve chicken sandwiches, hamburgers, and other foods. While these foods could be very delicious, cross-contamination of the raw meat and ice cream could result in severe illness among your customers. In such cases, the food contamination policy helps cover the damages.
Also read:
Commercial General Liability Insurance for Ice Cream Shops
This is an important insurance policy that protects your ice cream business shop from third-party liability claims. It contains premises liability that protects you if a customer sustains injuries while at your shop premises.
For example, if a child drops ice cream on the floor and another person slips and falls on it, you could be held liable. General liability for ice cream shops also have product liability. If one of the products you sell at your ice cream shop causes injury or illness, this insurance policy will help pay the legal expenses should the case be taken to court.
Equipment Insurance for Ice Cream Shops
Your ice cream shop has valuable equipment you use to make ice cream. You can imagine how bad things could be if this equipment were damaged. Damages could be due to a wide range of reasons; for instance, it could be due to vandalism or cases of arson.
This could leave you with no ice cream to sell. The equipment insurance policy covers you in such cases. The policy saves you a lot of money you could have spent on repairs and possible replacements. This goes a long way in keeping your business stable.
Business Interruption Insurance for Ice Cream Shops
Business interruption insurance policy provides coverage to ensure that in case something unfortunate was to happen, you won't go out of business. For instance, if your premises suffer a devastating fire incident that leaves almost all equipment damaged, this policy will cover fixed expenses and gross benefits while you plot a comeback. This keeps your ice cream shop business afloat even when things go wrong.
Ice Cream ShopInsurance Cost
The average cost of ice cream shop insurance is $33 per month. You can also choose to pay an average of $396 yearly. It is important to note that several factors influence the cost of ice cream shop insurance. Some of them include payroll, size, location, experience, and sales.
