Every business needs to be insured. While vegan companies do have specific risks, such as food getting contaminated with animal-based substances, they also just need insurance in general. The risks of foregoing insurance for vegan businesses are too great to ignore.
Damage to Building
If you run a vegan restaurant, then there is always the risk of a fire breaking out from the kitchen. Other disastrous occurrences include flooding and weather damage on the exterior of the building. All of these can cause you to shut down momentarily while you seek repairs. Insurance will assist you in staying afloat during this time.
Inadequate Protection for Employees
Every restaurant is home to knives, forks and a litany of other sharp objects. Slippery surfaces are also common. It is not uncommon for workers to accidentally injure themselves, but when they do, the business owner is the one liable. Insurance can help pay some of the medical costs associated with the injury. It can also help with legal fees in the event the incident goes to court.
You may go years without every using your insurance policy. However, when you do need to use it, you will be thankful it is there. Insurance for vegan businesses, and all businesses for that matter, is a necessity.