2022 Restaurant Insurance Update

The U.S. restaurant sector is gaining steam after coming out of a two-year pandemic that shuttered doors and curbed eatery revenues dramatically.

According to the National Restaurant Association, the dining industry should generate $899 billion in revenues in 2022. That’s up from $640 billion in 2020.

Even with robust growth, the restaurant industry faces steep challenges right now, with labor shortages, higher inflation, challenges with home food and drink deliveries, and ongoing food and supply chain shortages.

With change in restaurant management so dynamic, industry experts say that now is a good time to review and even revamp restaurant insurance policies.

“As the COVID-19 pandemic continues to affect businesses across the globe, restaurant managers have had to adapt their operations to stay afloat,” says Linda Chavez founder and chief executive officer at Los Angeles-based of Seniors Life Insurance Finder. “Along with making changes to their menu offerings and business…