Liquor liability insurance protects businesses that sell, serve, or distribute alcohol. This specialized insurance can cover claims of property damage or physical harm brought on by an intoxicated individual after being served alcohol by your business.
Liquor liability insurance assists with the following if your company is sued:
Businesses commonly requiring liquor liability insurance include bars, breweries, restaurants, liquor stores, convenience stores, wineries, and grocery stores. Any business selling alcohol, regardless of size, should consider this coverage. Sometimes, obtaining a liquor license or commercial lease is a legal requirement.
Liquor liability insurance typically includes:
Liquor liability insurance is especially crucial in states with dram shop laws, which can hold businesses accountable if they serve alcohol to intoxicated individuals who then cause injury or property damage.
At our Insurance Agency, we can customize liquor liability insurance to fit your business needs. For instance, a bar owner might need assault and battery coverage to protect against claims involving bouncers or staff members who consume alcohol while on duty. Coverage can also include protection against allegations of emotional distress, specific acts of aggression, and more.
By comparing different policy coverage limits, you can select the right level of protection for your business. Speak with us at our Insurance Agency to identify your company's most critical coverage areas and find a comprehensive protection policy.
When choosing the appropriate insurance limit, it's essential to ensure the coverage maximum reflects the completed value of the structure, considering all materials and labor costs, excluding land value. The building budget is the best guide for determining the right insurance limit.
Protect your business with liquor liability insurance from our Insurance Agency. Contact us today to learn more and get a customized policy tailored to your needs.
