Buy Bagel Shop Insurance

Or call for your free quote:

Get the best small business insurance quotes online & info on cost, coverage, minimum requirements, certificates & more.

Bagel Shop Insurance Policy Information

Bagel Shop Insurance

Bagel Shop Insurance. The owner of a bagel shop has a lot of responsibilities to deal with, and insurance is definitely part of that. Owning a bagel shop can be one of the most rewarding things that you do, but you still need to worry about liability; that's why getting the right insurance is important.

Many bagel shops sell and/or bake many different bagels, home-made cream cheeses, along with sandwiches, pastries, soups, salads, snacks, and other foods and drinks. You are at risk for a various liabilities like as food that cause customer illness and slip and falls in the store.

There are specific types of commercial insurance that are most important when it comes to owning a bagel shop, and then there are some additional options that you may want to consider as well.

Let's take a look at bagel shop insurance policies that you might need to make sure that you and your company are protected.

Bagel shop insurance protects your business from lawsuits with rates as low as $37/mo. Get a fast quote and your certificate of insurance now

Below are some answers to commonly asked bagel shop insurance questions:

What Is Bagel Shop Insurance?

Bagel shop insurance is a type of business insurance coverage that provides financial protection to bagel shop owners in the event of a covered loss. This type of insurance typically includes liability coverage for property damage, bodily injury, and medical expenses that may occur on the premises, as well as coverage for loss or damage to the business's property, inventory, and equipment.

Other potential coverages for a bagel shop insurance policy may include business interruption insurance, food contamination insurance, and workers' compensation insurance.

How Much Does Bagel Shop Insurance Cost?

The average price of a standard $1,000,000/$2,000,000 General Liability Insurance policy for small bagel shops ranges from $37 to $49 per month based on location, size, payroll, sales and experience.

Why Do Bagel Shops Need Insurance?


Bagel shops need insurance for various reasons, including:

  • Property damage: Insurance can protect the shop against losses from fire, storm, or theft damage.
  • Liability: Insurance can protect the shop owner from lawsuits for injuries that occur on the premises, such as slip-and-fall accidents.
  • Food contamination: Insurance can protect the shop against losses from food contamination, such as food poisoning, that can result in costly lawsuits.
  • Equipment damage: Insurance can protect the shop against losses from damage to equipment, such as ovens, refrigerators, and other appliances.
  • Employee injury: Insurance can provide financial protection to the shop owner if an employee is injured on the job.

Having insurance can provide peace of mind to bagel shop owners and help them recover from unexpected losses. It is important to have the right insurance coverage to protect the business and its assets.

What Type Of Insurance Do Bagel Shops Need?

There are several types of insurance available for business owners that serve and sell bagels or other type of similar food service businesses. Some of these will be necessary while others will be optional. Following are some of the most important types of bagel shop insurance:

General Liability

The most common type of business insurance is called commercial general liability insurance. This is the most basic type of business insurance available. General liability insurance includes accidents like slips and falls, advertising injury, completed operations liability and more.

This type of bagel shop insurance protects you from litigation or liability when something happens on your property that causes bodily injury or property damage to a third party (customer etc...). No matter what kind of business you own, including bagel shops, general liability should be one of the first insurance options that you consider.

Each policy is a little different, so you want to check carefully and talk to your broker to make sure you are getting what you need to properly protect yourself.

Commercial Property Insurance

Property insurance is an important protection offered to business owners. Property protection means that you are insured against things like natural disasters, fires, theft, vandalism and more. When something unexpected happens, you definitely want to be prepared.

You are not able to predict mishaps or avoid them but you can be compensated when they happen if you have the right bagel shop insurance.

Commercial property insurance gives you benefits that help you recover from major damage to your building or to the equipment inside; including appliances, electronics, fixtures like tables and countertops and more. Business property insurance is absolutely vital for any business that relies upon their location to make money.

Commercial Auto Insurance

If you use a company vehicle to pick up products or do deliveries, then you're going to need commercial auto insurance. Some food service companies make deliveries, and others simply use company vehicles to pick up products and equipment for their store.

Business auto insurance offers more protection and is required if you are using a vehicle for commercial purposes.

Worker's Compensation

If you have any employees that work for a wage or salary, then you are going to need workers compensation insurance. Workers comp is a type of insurance that is meant to pay for employee injuries and protect you from legal liability when something happens. If you have employees, then you are required to carry worker's compensation in almost every state.

How exactly the insurance works will depend upon your plan, but most worker's comp insurance policies are pretty similar.It protects employees from injuries or illnesses from work-related tasks as well as lost income if they are not able to work while they are recuperating from the illness or injury.

Equipment Breakdown Insurance

In your bagel shop, the baking and cooking equipment is important in running your business. If your equipment broke down, you would have to repair or replace the equipment, and you would lose income as well while waiting to get it up and running again.

Equipment breakdown coverage is important in food service as it helps pay for repairs or replacements along with income loss benefits.

Spoilage Insurance

Believe it or not, you can get bagel shop insurance to cover food spoilage. When you own a business that relies on the freshness of the product that you store on-site, spoiled product can cost thousands of dollars. While this is not a common type of insurance, it is an option for those who need it.

It gives you peace of mind to know that if a refrigeration unit goes down or the temperature rises too high; that your inventory is protected and that you will be able to recoup some of the lost investment and keep your business running.

What Does Bagel Shop Insurance Cover & Pay For?

Bagel Shop Insurance Claim Form

As with any business, bagel shops may face potential legal liabilities that could result in lawsuits. Here are some examples of reasons why bagel shops could be sued and how insurance can help protect them:

Slip and fall accidents: If a customer or employee slips and falls on the premises of a bagel shop and suffers injuries, the shop may be held liable for medical expenses and other damages. Insurance coverage such as general liability insurance can help cover the costs of such lawsuits, including medical bills, legal fees, and potential settlements.

Food-related illnesses: If a customer suffers from food poisoning or other food-related illnesses after consuming food from a bagel shop, the shop could be held responsible. Product liability insurance can provide coverage in case of claims related to contaminated or unsafe food products, including legal defense costs and settlements.

Employment practices disputes: Bagel shops may face lawsuits related to employment practices, such as discrimination, harassment, or wrongful termination. Employment practices liability insurance (EPLI) can help cover the costs of defending against such lawsuits, as well as any settlements or judgments that may be awarded.

Intellectual property infringement: If a bagel shop uses logos, branding, or other intellectual property without proper authorization, they may face lawsuits for copyright or trademark infringement. Intellectual property insurance can help cover the legal costs of defending against such claims and potential damages.

Property damage: Bagel shops may face lawsuits if their operations cause damage to neighboring properties, such as water damage from a leaking pipe or fire damage from a kitchen accident. Commercial property insurance can provide coverage for property damage claims, including repairs, replacement costs, and legal expenses.

Cyber liability: Bagel shops may handle customer data, such as credit card information, which could be vulnerable to data breaches or cyber attacks. Cyber liability insurance can help cover the costs of responding to data breaches, including legal and public relations expenses, as well as potential damages from lawsuits filed by affected customers.

In each of these scenarios, insurance can provide financial protection to bagel shops by covering legal defense costs, settlements, and damages, up to the limits of the insurance policy. It is important for bagel shop owners to carefully review their insurance coverage and work with an experienced insurance professional to ensure they have adequate protection against potential liabilities and lawsuits.

Commercial Insurance And Business Industry Classification

  • SIC CODE: 5812 Eating Places
  • NAICS CODE: 722511 Full Service Restaurant
  • ISO General Liability Codes: 16900, 16901, 16902, 16910, 16911, 16915, 16916, 16920, 16921, 16930, 16931, 16940, 16941
  • Suggested Workers Compensation Codes: 9082, 9083, 9084

Description for 5812: Eating Placess

Division G: Retail Trade | Major Group 58: Eating And Drinking Places | Industry Group 581: Eating And Drinking Places

5812 Eating Places: Establishments primarily engaged in the retail sale of prepared food and drinks for on-premise or immediate consumption. Caterers and industrial and institutional food service establishments are also included in this industry.

  • Automats (eating places)
  • Beaneries
  • Box lunch stands
  • Buffets (eating places)
  • Cafes
  • Cafeterias
  • Carry-out restaurants
  • Caterers
  • Coffee shops
  • Commissary restaurants
  • Concession stands, prepared food (e.g., in airports and sports arenas)
  • Contract feeding
  • Dairy bars
  • Diners (eating places)
  • Dining rooms
  • Dinner theaters
  • Drive-in restaurants
  • Fast food restaurants
  • Food bars
  • Food service, institutional
  • Frozen custard stands
  • Grills (eating places)
  • Hamburger stands
  • Hot dog (frankfurter) stands
  • Ice cream stands
  • Industrial feeding
  • Lunch bars
  • Lunch counters
  • Luncheonettes
  • Lunchrooms
  • Oyster bars
  • Pizza parlors
  • Pizzerias
  • Refreshment stands
  • Restaurants
  • Restaurants, carry-out
  • Restaurants, fast food
  • Sandwich bars or shops
  • Snack shops
  • Soda fountains
  • Soft drink stands
  • Submarine sandwich shops
  • Tea rooms
  • Theaters, dinner

Bagel Shop Insurance - The Bottom Line

Call an commercial insurance broker today and find out more about the types of insurance that you might need for a bagel shop business. Bagels are one of the most loved breakfast foods out there, and lots of people are doing well with their bagel business. You want to make sure that you get the right insurance so that your business keeps running no matter what.

It makes no sense to invest in a store and tens of thousands of dollars in equipment if you do not have the business insurance to protect it when something bad happens. Talk to an insurance agent today and find out what kind of options you have.

Additional Resources For Food Service Insurance

Learn about restaurants, bars, liquor stores commercial insurance coverages. See how small business food service insurance help protect against accidents, oversights and lawsuits resulting from business operations.

Food And Drink Insurance

The food service industry is a vital part of the economy and plays a crucial role in providing food to individuals and businesses. However, it is also a high-risk industry that is prone to numerous potential liabilities and risks. That's why it's important for food service businesses to have insurance in place to protect themselves against financial losses and legal issues.

One of the main reasons the food service industry needs commercial insurance is to protect against liability claims. When running a food service business, there is a risk of someone getting sick or injured due to food poisoning or food allergies. Insurance can provide coverage for these types of claims, helping to cover the costs of legal fees and damages.

Another reason the food service industry needs insurance is to protect against property damage. This can include damage to the business's physical location, such as from a fire or natural disaster, or damage to equipment, such as kitchen appliances. Commercial insurance can help cover the costs of repairs or replacement, ensuring that the business can continue to operate smoothly.

Additionally, commercial insurance can provide coverage for losses due to unexpected events, such as theft or vandalism. This can be especially important for food service businesses, as food products and equipment can be expensive to replace.

The bar and liquor industry is highly susceptible to accidents and injuries. With the presence of alcohol, there is a higher risk of slip and fall accidents, fights, and other mishaps that could result in serious injuries to employees or patrons. Insurance can provide coverage for these types of incidents and help protect the business from financial liability.

In summary, business insurance is essential for the food service industry due to the numerous risks and liabilities that can arise. It can provide financial protection against potential losses and legal issues, helping businesses to operate safely and securely.

Minimum recommended small business insurance coverage: Business Personal Property, Business Income and Extra Expense, Spoilage, Equipment Breakdown, Employee Dishonesty, Money and Securities, Computers, Valuable Papers and Records, General Liability, Employee Benefits, Umbrella, Hired and Nonowned Auto & Workers Compensation.

Other commercial insurance policies to consider: Building, Earthquake, Flood, Leasehold Interest, Real Property Legal Liability, Accounts Receivables, Bailees Customers, Fine Arts, Cyber Liability, Employment-related Practices, Environmental Impairment, Liquor Liability, Business Automobile Liability and Physical Damage, Garagekeepers and Stop Gap Liability.

Free Business Insurance Quote Click Here