The old saying “from off of the back of a lorry” evokes different responses. It can yield bargain albeit illegal products for consumers used to high street prices but if you are a take away or eat in restaurant owner, the effects of stolen goods can be financially devastating.

“Come and get your £30 beef joints¦.just a fiver today! Don’t miss out!”

This is why it is crucial to cover your eatery with an appropriate business insurance protection.

Despite the fact that a number of deals will cover any loss of goods which are stored on your business premises, many elementary Restaurant Insurance plans will not cover the loss of any food that doesn’t survive that transit between you and your suppliers. More comprehensive insurance deals are available however should you require this cover to be included but for a higher premium, obviously.

Many would contend that investing in this additional insurance is not necessary if your suppliers have a Business Van Insurance deal or policy installed in order to replace your lost produce. The law is a funny thing however and the insurance of the supply company will not cover all eventualities. For example, should it be discovered that a driver was under the influence of alcohol concurrently to the time he/she was responsible for the van and that which it contained, than the insurance is more than likely to be voided.

I contend that it is imperative that eateries are prepared for any occurrence, particularly if the owners want to own business that is profitable and continues to flourish for a substantial duration. It might be tempting to save a few pennies through opting for less comprehensive cover but this could result in your business one day collapsing quicker than a poorly prepared souffl©!

If you need to approach banks and/or loan companies for money in order to get your business off to a flying start, you will not be successful in your applications if you do not have substantial documents to prove you are comprehensively covered for any situation that might occur.