Distinguished Blog - Hospitality & Restaurants

Market insights and industry news.

Cyber Liability Insurance: A Quick Rundown from Distinguished

In 2023, the largest risk to global business wasn’t supply chain issues, energy shortages, or climate change — it was cybercrime. Cybercrime has quickly become a global menace for businesses that will cost companies an estimated $9.22 trillion in 2024.  Due to this growing vulnerability, it’s more important than ever that businesses and organizations protect…

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Restaurant Insurance in Texas: What You Need to Know

From fast casual restaurants in Austin to upscale dining in Houston, Texas’ food culture is an integral part of its identity. However, the Lone Star State’s vibrant restaurant scene isn’t just an opportunity to find great eats — it’s also a ripe market for insurance agents and brokers looking to grow their business.  There are…

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Why Cyber Insurance Is Critical for Limited-Service, Franchise Hotels’ Business Continuity

Hotels are favorite targets of cybercriminals, who are upping their game with increasingly sophisticated tactics to breach and shut down networks, demanding a ransom to get a system back online, and duping employees into providing confidential data and wire transfer of money. According to Cornell University and Freedom Pay research, 31% of hospitality providers have…

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Hotel Insurance Built for the Nashville Area 

Nashville, Tennessee, also known as the Music City, attracted nearly 15 million visitors in 2022, each contributing to the city’s vibrant hospitality industry. With visitors spending an estimated $621 per person per visit, the city’s hotels play a pivotal role in accommodating tourists and providing memorable experiences. In 2023 alone, Nashville’s hotels sold close to…

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Beyond the Neon Lights: Your Guide to Restaurant Insurance in Nevada

Nevada’s culinary scene is a vibrant tapestry of flavors, from the renowned restaurants of Las Vegas to the hidden gems scattered across the desert expanse. As restaurateurs embark on the journey of crafting memorable dining experiences, they also navigate the unique challenges presented by Nevada’s dynamic environment. In this article, we venture into the realm…

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Restaurant Insurance in Chicago: Protecting Your Clients Ventures

Chicago hosts a diverse array of restaurants, each contributing to the city’s rich tapestry of flavors. With renowned eateries nestled in iconic neighborhoods like The Loop and beyond, the restaurant scene in Chicago is not just a part of its culture but a defining force in the city’s identity. However, with great opportunities come unique…

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Insuring Success: A Guide to Restaurant Insurance in California

According to the National Restaurant Association (NRA), California boasts more than 85,000 restaurants and drinking establishments throughout the state, bringing in an estimated $135.8 billion in sales in 2022. From bustling city streets to quaint coastal towns, each restaurant faces a unique set of risks that require thoughtful consideration. In this article, we uncover the…

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Restaurant Insurance 2.0: Addressing the Evolving Needs of Today’s Modern Restaurants

Hungry for success in the restaurant insurance market? If you missed our recent 30-minute webinar, “Restaurant Insurance 2.0: Addressing the Evolving Needs of Today’s Modern Restaurants,” don’t worry. You have the opportunity to gain essential insights into protecting your clients’ restaurants and spice up your sales strategies to boost business growth. Explore global trends reshaping…

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Restaurant Insurance: Specialty Coverage From Distinguished

Like any good chef will tell you, food is all about the details. Restaurant insurance is no different. Many general policies may look appetizing on the surface, but in reality, they lack crucial restaurant-specific coverages, like food spoilage, foodborne contamination, or business interruption. That’s why restaurant owners benefit from restaurant insurance coverage designed by experts…

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Staying Afloat in the Umbrella Insurance Market: Why Program Stability Matters for Hotels and Resorts

The ever-shifting landscape of the Umbrella market presents a formidable challenge, with rate adequacy taking center stage. Larger carriers, seeking higher returns, have been consolidating and scaling back on the capacity they offer. What was once commonplace as $25 million limits in a tower has dwindled to a mere $15 million or even less. Furthermore,…

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How Much Does Restaurant Insurance Cost?

Restaurants face a range of hazards that necessitate comprehensive insurance coverage. From General Liability to Cyber Liability and more, a restaurant’s insurance program should be tailored to its unique risks. However, determining the cost of restaurant insurance can be a complex process influenced by numerous factors. In this article, we will explore how insurers calculate…

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