641: Greg Scheinman on Selecting Restaurant Insurance

Today we're discussing restaurant insurance. Specifically, the elements that should be in your insurance package, what these different elements cover, and what to consider when selecting an insurance broker. Joining us for this conversation, guest mentor, Geg Scheinman. Insgroup Partner, Greg Scheinman, is a Property and Casualty Insurance Specialist, focusing on middle-market companies in a variety of industries, with a particular focus on the hospitality, retail and fitness industries.…as a matter of fact…many of our past guests are his clients. On top of this Greg host his own podcast, the Midlife Male. Show notes… Favorite success quote or mantra: "The harder I work, the luckier I am." In this episode with Greg Scheinman, we discuss: The many different elements to consider when selecting your insurance "package": Commercial and General Liability Insurance Workers Compensation Insurance Business Interruption Insurance  Property and Casualty Insurance Third-Party Alcohol Liability Insurance Dram Shop Liability Employment Practices Liability Insurance ( EPLI) HNOA Flood  Cyber Active shooter How to pick which insurance is right for you How to select an insurance broker. Resources Mentioned: RestaurantOwner.com Article: How to Factor Insurance Into Your Restaurant Business Plan RestaurantOwner.com Article: How to Select the Right Insurance Coverage for Your Restaurant RestaurantOwner.com Article: Understanding Your Restaurant's Commercial General Liability Insurance Policy Today's sponsor: BentoBox helps restaurants grow their business through a connected suite of tools, offering them an integrated website to connect with their guests and drive revenue online. Restaurant owners and operators are able to easily update menus, promote specials, take catering and event inquiries, sell merchandise, gift cards and more. CAKE provides an easy-to-use integrated software and hardware solution to build better dining experiences for restaurant operators and their guests. With mobile marketing and waitlist management to point of sale payment processing, the CAKErestaurant management system helps you grow your business.  Learn more at trycake.com/unstoppable EthicsSuite.com -provide a safe, secure, simple and anonymous communication channel between you and your employees to help you protect your hard-earned reputation and assets. Demonstrate to your team that you are committed to providing a workplace that operates with the highest ethical standards. Staying informed about important issues will help you resolve them internally before they spiral into larger, costly, or public problems.   Contact info: Email: [email protected] Website: Insgroup.net Midlife Male podcast Thanks for listening! Thanks so much for joining today! Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the top of the post. Also, please leave an honest review for the Restaurant Unstoppable Podcast on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates. Huge thanks to Greg Scheinman for joining me for another awesome episode. Until next time!   Restaurant Unstoppable is a free podcast. One of the ways I'm able to make it free is by earning a commission when sharing certain products with you. I've made it a core value to only share tools, resources, and services my guest mentors have recommend, first. If you're finding value in my podcast, please use my links!