Despite the name, you will need to make sure you add liquor liability insurance to your business policy if you serve beer or wine at your business. Although most business liability insurance automatically includes host liquor coverage, this only applies to small functions hosted by an enterprise that is not in the business of selling alcohol. Our experienced agency can help ensure you have the coverage you need.
What Does Liquor Liability Insurance Cover?
If your business serves beer, wine, or any type of alcohol to a person who is visibly intoxicated and subsequently causes injury or damages, liquor liability insurance will cover legal fees, medical costs, and settlements. This insurance covers:
What Does Liquor Liability Insurance Not Cover?
Liquor liability insurance is designed to work with your general liability policy. It will not cover your premises or other exposures covered under general liability insurance. Standard exclusions in a typical liquor liability policy include:
How Should I Prepare for Purchasing Liquor Liability Insurance?
Before you add liquor liability insurance to your business coverage, you will need to know your anticipated gross liquor sales and gross food sales. You will also need to decide on your policy limits. Our knowledgeable agency will be happy to assist you with this process.