As a drive-in theater owner, you are inherently exposed to a lot of risks as you operate normal business. It’s imperative that you are properly protected by insurance policies that cover all aspects of your drive in.
Think about this:
…A patron falls and injures themselves. how do you cover their medical expenses, legal fees and potential lawsuit settlement?
…If you host a special event at your theater where liquor is served. Are you covered if an accident were to happen?
…A parking spot has a broken speaker system that requires replacement of the entire mechanism. Can you cover that expense?
…Your tech systems are breached. Can you cover the costs of a potential ransom?
These are just SOME of the scenarios that you should be thinking about when it comes to your insurance needs.
There are several insurance policy types that we think are imperative for drive-in theaters:
General Liability
A type of insurance policy designed to protect businesses from a variety of common risks. It provides coverage for claims of bodily injury, property damage, and personal and advertising injury that can occur during the course of business operations.
Commercial Property
A type of insurance designed to protect businesses against losses due to damage to their physical assets including buildings, equipment, inventory, furniture, and other property used in the operation of the business.
Commercial Umbrella
No matter the size of your company or how well it’s run, your business faces the potential of a devastating claim arising from an unforeseen event. Umbrella Coverage goes above and beyond basic business liability insurance limits, offering up to $10 million of additional funds to handle such a claim.
Cyber Security
43% of cyber attacks are aimed at small businesses, but only 14% are actually equipped to defend themselves. Don’t let this happen to you and the business you have worked so hard to build.
Business Income
Business interruption coverage provides compensation for lost income when your business is temporarily closed due to a covered loss as outlined in your business policy.
Business Life Insurance
If you are a business owner, can you imagine what would happen if a vital person to the business were to pass away unexpectedly? How would this impact the business? This is where Key Person Life Insurance comes into play.
Unsure which coverages you need? Our team of drive-ins insurance experts are here to help!
Learn more about us (and request a complimentary proposal) here.