Restaurant & Hospitality Insurance

Lincoln Savings Bank Insurance partners with multiple carriers to provide Iowa restaurants with the best possible insurance coverage. 

We create superior insurance packages for restaurants at a fair price by offering you property and casualty coverages in one comprehensive package specifically prepared for your restaurant operations.

Who needs restaurant and hospitality insurance?

• Fine Dining Facilities
• Full-Service Restaurants
• Bar & Grills
• Catering
• Quick Service
• Fast Food Franchises
• Cafes/Coffee Shops
• Breweries/Taprooms

What types of insurance protection are necessary for your restaurant?

Being in the restaurant and hospitality business comes with great reward and great risks. That’s why it’s important to protect your restaurant with the best kind of coverage.

Types of insurance coverage plans:

Spoilage, Contamination and Recall

If you own a restaurant, bar, nightclub, or other establishment that sells food or drink, you have probably heard of spoilage insurance. This coverage reimburses business owners in the event of lost or contaminated perishable goods. It can come in handy if your fridge or freezer breaks down unexpectedly or if your power goes out and you do not have a backup generator.

Employment Practices Liability Insurance (EPLI)

EPLI coverage is designed to protect you from employee-related claims and allegations, such as wrongful termination, discrimination, and abuse. In today’s litigious business climate, this sort of protection can prevent a damaging claim from effectively putting you out of business.

Cyber Liability

Cyber liability provides comprehensive data security coverage that addresses both first-party losses and third-party liability claims, breach response services, brand protection, and claims handling backed by a team of legal, forensic and crisis management experts.

We specialize in coverage for the events you might not see coming.

• Loss due to action by civil authority
• Coverage for loss of business income resulting from violent acts on premise
• Water damage resulting from sewer/drain backup
• Outdoor property includes coverage for common occurrences such as wind, vandalism, theft and vehicle damage and damages to outdoor signs
• Customer expense reimbursement coverage to protect your image and reimburse your customers for additional expenses when prearranged products or services cannot be honored due to a covered cause of loss or damage to the premises
• Damages to outdoor signs

How much is restaurant and hospitality insurance?

Costs for restaurant insurance are unique to the food you sell, cooking method, your building, claims history and other factors. The best way to find out how much it will cost to get a restaurant insurance quote.

Why chose Lincoln Savings Bank Insurance to insure your restaurant?

LSB Insurance and our dedicated insurance agents possess the industry knowledge and understand the unique challenges of your business. We pride ourselves on prompt claims handlings and exceptional customer service. 

As an Allied Member of the Iowa Restaurant Association, we are dedicated to the success of Iowa’s restaurants.  

Lincoln Savings Bank is a full-service Central and Northeast Iowa bank dedicated to local customers and communities since 1902.