Bagel Shop Owners Protect Their Dough with a Utica First BOP
There are almost five thousand bagel shops nationwide, and the industry continues to grow. Whether larger chain establishments or smaller mom-and-pop shops, they all have many things in common. Chief among them is high fixed costs and tight operating margins.
To maximize margins, bagel shop owners have to juggle many areas of the business that include managing inventory, ensuring adequate staffing levels, and ensuring operational efficiencies at every step. To satisfy customer demand and grow the business, they also have to decide what types of bagels to make, if they will boil or steam bagels, and how many custom cream cheeses to make.
Importance of Coverage
Bagel shop owners will need a list of ingredients. Proper insurance coverage should top that list. Owners face a number of risks inherent to the business that include equipment breakdown—refrigerators, steamers, kettles, ovens—food spoilage, and food-borne illness claims, to name a few. All these risks can be very costly should a what-if occur, leaving shop owners in financial peril if uncovered or underprotected.
Business Owner Policy (BOP)—What’s Covered
Utica First’s Food Service BOP continues to be the fastest-growing product in our company’s history! We listen to our agents and agent partners to understand policyholders’ business environments, risks, and goals. We specialize in writing a wide variety of food service businesses, including bagel shops.
Our BOP can provide peace-of-mind protection against financial losses—that could be difficult for bagel shops to recover from—so owners can focus on their businesses. It also provides protection for staff and customers who have come to rely on them.
Additional Coverage Options
Utica First’s APPETIZER endorsement options provide bagel shop owners with a terrific “bundle” of coverages at prices more reasonable than including them separately:
We’re Committed to You
At Utica First, our policy is putting you first. We believe in the power of teamwork and the strength of our dedicated agents and agent partners. The Utica First team is known for our character and integrity, going above and beyond for our agents and agent partners. We are here to make your life easier and support your customers and overall success.
If you have bagel shop clients in the states of New York, New Jersey, Connecticut, Pennsylvania, Ohio, Maryland, Virginia, or Massachusetts, click here to learn more about our BOP.
