Bakery Insurance

Some bakeries specialize in particular products for special occasions like weddings or birthdays. You can run a bakery business from your house or a rented or leased space. As a baker, you must ensure your customers are happy by supplying them with mouth-watering food. As lucrative as it is to own a bakery, it carries certain risks. Comprehensive insurance will protect your small business from hazards and risks.

Insurance Cost for bakeries

The cost of a general liability insurance policy for a small bakery business depends on the location of the bakery, size, sales, payroll, number of employees,  and experience.

 Insurance for a bakery

A business owner policy combines three policies under one coverage. It is ideal for a baker and affordable. The policies include

General liability insurance

The general policy covers unique risks in the bakery business.

It covers claims associated with personal bodily injury or property damage to someone else. For example, if your delivery personal damages property within the customer’s compound, the policy covers the claims.

Commercial property insurance

The policy covers the property where you operate, whether owned, rented, leased, and the contents inside. Equipment inside includes ovens, Stoves, mixers, coolers, inventory, etc.

Business income insurance

If your bakery suddenly closes due to cover damage, this policy covers income loss during the tenure when the bakery is closed. For example, if your bakery is damaged, the policy will cover the income, rent, and payroll, among others.

Workers compensation

For example, injuries sustained by your employees, burns, slips, and falls are covered by this policy. It covers medical costs and lost income.

Commercial Auto Insurance

Vehicles used by your bakery for delivery or any business-related errands are covered under this policy. It covers repairs or complete replacement of the car.

Businesses that require bakery insurance include

• Bakeries
• Pastry shops
• Cafes
• Doughnut and bagel shops
• Wedding cake shops

Consult a reliable insurer to protect your business by getting bakery insurance that suits your needs.