Liquor liability insurance is an important form of protection for businesses that serve alcohol. It covers claims made against your business due to injuries caused by intoxicated patrons. These claims can be very expensive and the financial impact of a lawsuit can be devastating without proper coverage.
Why You Need Liquor Liability Coverage
Without liquor liability insurance, your business is at risk for large financial losses if a patron is injured and claims it was due to your negligence. Injuries can range from slips and falls on your property, to physical altercations caused by intoxicated patrons. The bottom line is that a lawsuit from an alcohol-related incident can put you out of business unless you’re properly covered.
Liquor liability insurance also helps protect your business from any claims that may arise from the sale of alcohol to minors. If a minor is served and then causes injury or property damage due to intoxication, you could be held responsible.
It’s important to note that there are laws in many states that require businesses who serve alcohol to carry liquor liability insurance.
When selecting a policy, you should consider the size and scope of your business and choose a coverage limit that reflects its potential risks. Depending on your type of business, you may also want to add additional coverage, such as third-party liability insurance or premises liability insurance.
By investing in liquor liability insurance, you’ll have the peace of mind knowing that your business is protected in the event of an alcohol-related incident.
Get Liquor Liability Protection
Our team can help you make the best choices on liquor liability insurance options, as well as help you find a carrier that provides a fair rate on the coverage options you need. To schedule your free consultation, call us or click on the quote button.
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