Are you looking for a Miami insurance agency to cover your new restaurant? Although the process may seem difficult due to the number of coverage options available, understanding the coverages that make up the building blocks of an insurance policy can help to clear things up for you. Here are three of the key coverages that you should expect to include in your policy when starting out.

Workers Compensation Insurance

Whether you’re required to carry workers’ compensation will depend on the number of employees you have. Given the risky nature of the restaurant business, you want to make sure you’re properly covered in this aspect so that you won’t have to come out of pocket for any job-related injuries to your employees.

Property Insurance

Property insurance can protect your building, equipment and furniture against damage or loss. If a fire or storm strikes, or you’re the subject of vandalism or theft, your policy will cover the cost to repair or replace your property.

Liability Insurance

Liability insurance comes in various forms but their main purpose is to cover you against third party lawsuits. Whether the lawsuit is from a supplier getting hurt on your premises or a client complaining about your business practices, your policy will cover your legal fees and any damages for which you’re liable.

With these three coverages, you’ll have the foundation you need to build out a strong policy. Take your time in finding the right Miami insurance agency so that they can help craft a policy that’s just right for you.