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Liquor Liability Insurance provided by [pods name="amplispot_custom_setting_page" id="43" field="name_of_the_company"] .
Serving alcohol at a special event or owning a business that serves alcohol always involves an element of risk. Liquor liability insurance protects your company against loss or damages claimed as the result of patrons of your business becoming intoxicated and injuring themselves or others.
What You Should Know About Liquor Liability Insurance?
Liquor liability insurance helps protect a business that sells, serves, or distributes alcohol. This type of business insurance can help cover claims of bodily injury or property damage that an intoxicated person causes after a company served them alcohol.
If your business gets sued, liquor liability insurance helps cover your:
- Legal costs
- Settlements or judgments
- Repair costs to fix property damage
- Medical bills to treat an injury
The types of businesses that typically need a liquor liability insurance policy include: bars, breweries, restaurants, liquor stores, convenience stores, wineries, grocery stores, and so on. Any business that sells alcohol, regardless of size, is exposed to liquor liability and could benefit from purchasing insurance. Sometimes, businesses are legally required to get this coverage before they will be given a liquor license or a commercial lease.
What does Liquor Liability Insurance Cover?
Liquor liability insurance can help your business cover claims related to:
- Assault and battery, like if a customer you served alcohol to physically hurts another person.
- Drunk driving if an intoxicated person your business served or sold alcohol to damages property or causes an accident that leaves another driver with a bodily injury.
- Property damage a customer under the influence of alcohol causes to another person’s belongings.
Liquor liability insurance is important if your business is in a state with dram shop laws. These laws allow businesses to be held liable if they sell or serve alcohol to intoxicated individuals who cause an injury or damage property. Thirty states have dram shop laws in place.
Liquor liability insurance can be tailored to fit your business. A bar owner may wish to add assault and battery coverage to protect against claims that a bouncer injured a customer, or to secure coverage against employees drinking on the job. You can also secure coverage for specific incidents of violence, claims of mental damages, and more.
Different policies have different coverage limits, so you can choose an appropriate extent of coverage for your business. Talk to us to determine which coverage areas are most important for your business and to find a policy that provides appropriate protection.