Like all companies, restaurants are vulnerable to claims brought by their employees, former employees, or potential employees. The cost of defending employment-related claims can be financially devastating.
The average verdict in employment practices liability (EPL) cases now exceeds $450,000, and employment issues make up 30% of all civil litigations in the U.S.
Employment practices liability insurance (EPLI) can protect your restaurant against claims made by potential hires, employees currently on your payroll, and terminated employees. EPLI coverage generally includes the cost to defend against the charges plus any damages you are ordered to pay.
If you do not carry a minimum of $1 million in EPLI, we need to talk.
Please know that we are here to guide you through the confusing maze of insurance options to find the right fit for you, your family, and your business. If you have any questions or need more information on this issue, please contact us.