Bakery Business Insurance
Bakery Business Insurance
Why insurance for bakers and cake decorators matters
Bakery Business Insurance – Insurance shouldn’t be taken lightly. There are 3 major risks that can be mitigated with adequate insurance in place.
Foodborne illness: Illness claims could be brought against a bakery as a result of poor or incorrect handling & preparing and storing of food
Natural disasters and weather events: Bakeries are at risk of being affected by natural disasters, such as a storm, floods, or fires, which can cause damage to contents, stock & equipment and ultimately a loss of income due to disruption.
Slips and falls are common types of accidents that can occur in a bakery, and they can result in serious injuries for employees and customers. A bakery should insure for mandatory worker’s compensation, along with Public Liability Insurance to protect them from these claims.
Public & Products Liability Insurance for bakers
Public Liability Insurance can provide cover for accidents and injuries that occur on the bakery's premises. It can cover medical expenses, as well as legal fees and settlements.
If a customer, or supplier, or any other third party steps on a wet spot on the floor and hurt themselves and sustains injuries, they could sue you for medical expenses, time off work, mental anguish.
An example of a products liability claim is if a customer of the bakery eats one of their items, such as bread, and becomes ill because it was contaminated with a foreign substance
How Morgan Insurance Brokers can help obtain Bakery Business Insurance
Morgan Insurance Brokers can help a bakery to manage its risk and protect its financial interests by providing expert insurance advice, searching and obtaining the right insurance policy and coverage, and handling all claims that may occur.
