https://completemarkets.com/company/axiom-ins/Fine-Dining-Restaurants-Insurance/
With more than 25 years of industry experience, Axiom Insurance Managers Agency, LLC offers a dedicated Fine Dining Restaurant Insurance program built for upscale dining operations. Whether your client runs a white-tablecloth steakhouse, a high-end bistro with an extensive wine list, or a destination restaurant with valet and limited live music, Axiom provides tailored coverage and flexible underwriting to match those specialty exposures.
Ideal Accounts and Appetite
This program targets fine dining establishments that maintain elevated food and service standards and operate in a controlled environment. Typical classes we consider include:
Fine dining restaurants
White-tablecloth establishments
Steakhouses
Axiom will consider locations serving up to 65% liquor by revenue when a curated wine list and responsible alcohol controls are in place. Limited live entertainment such as acoustic acts, jazz trios, or similar performances is allowed up to twice per week with appropriate controls.
Example fits: you might have a high-end steakhouse with valet parking and occasional acoustic music or a boutique bistro with a prominent sommelier program. With documented controls and standard risk management practices, these accounts are typically well-aligned with Axiom’s appetite.
Coverage Highlights and Advantages
Axiom’s program combines broad liability limits with hospitality-specific options to address common exposures in fine dining operations.
General Liability
$1,000,000 Each Occurrence
$2,000,000 General Aggregate (excluding Products/Completed Operations)
$2,000,000 Products/Completed Operations
$2,000,000 Personal & Advertising Injury
$500,000 Damage to Premises Rented to You
Liquor Liability (Package or Mono-Line)
$1,000,000 Each Common Cause
$2,000,000 Aggregate (per-location aggregate applies)
Optional Coverages
Assault & Battery
Defense Outside the Limit of Liability
Combined Single Limit
$1,000,000 Hired & Non-Owned Auto Liability
Valet Parking coverage
$5,000 Medical Payments (fine dining only)
Umbrella/Excess up to $10 million
Additional Insureds
Employment Practices Liability
Property and Business Income (subject to coastal wind exclusions)
Food & Beverage Spoilage
Equipment Breakdown
Underwriting Notes and Minimum Premiums
To expedite placement, submissions should include:
Signed ACORD applications
Three years of currently valued loss runs
A completed supplemental application (Axiom’s or another carrier’s)
Target pricing or expiring premium
Minimum premiums vary by account characteristics and location. Contact Axiom for indicative pricing based on the client’s operations, revenues, and exposures.
Territories and Availability
The program is offered on a non-admitted basis and is available in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, DC, WV, WI, WY. Some state or regional restrictions apply:
New York – certain Bronx zip codes are restricted
Connecticut – certain New Haven zip codes are restricted
Minnesota – certain counties are limited to $100,000/$300,000 liquor liability
Why Work With Axiom Insurance Managers Agency, LLC
Axiom is a program administrator with deep hospitality underwriting experience and access to multiple markets that understand fine dining risks. Agents benefit from responsive service, flexible terms, and an underwriter who recognizes the operational nuances of upscale restaurants. Use Axiom to place accounts that require specialty appetite, tailored liquor and liability solutions, and optional coverages such as valet and food spoilage.
Frequently Asked Questions
What types of accounts are a good fit for this program?Upscale restaurants, white-tablecloth establishments, and steakhouses with controlled operations and up to 65% liquor revenue are ideal candidates.
Is this program available in all states?The program is available in most states on a non-admitted basis, but some zip codes and counties have restrictions. Contact Axiom to confirm eligibility for a specific location.
Can I submit risks with live entertainment?Yes. Live entertainment is acceptable when limited to acoustic acts, trios, or jazz combos no more than twice per week and when appropriate controls are in place.
What are the submission requirements?Provide signed ACORDs, three years of currently valued loss runs, a completed supplemental application, and target pricing or expiring premium to start underwriting review.
Is liquor liability offered as standalone coverage?Yes. Liquor liability can be written as a mono-line policy or included as part of a packaged solution.
Need help placing an account? Connect with a market specialist.