How to Get Liquor Liability Insurance That Fits Your Needs

Liquor liability insurance is important to businesses that sell, make, or allow liquor use on its premises. Most businesses purchase commercial insurance to make sure that their business will have coverage if any lawsuit or claims are filed against them. For those businesses that deal with liquor products on a daily basis, buying suitable liquor liability insurance is a must.

Difficulty: Moderately Easy

Instructions

1. Liquor liability insurance tends to be pretty expensive because incidents associated with alcohol uses and distributions can be frequent in businesses that constantly handle them. Most if not all business insurances don’t have liquor liability insurance coverage. You will have to purchase it separately from local insurance providers.

2. Liquor liability insurance is worth the money for some businesses. These include bars, restaurants, clubs, liquor stores and etc. Those that need liquor liability insurance have a liquor license. You will have to look carefully at what the liquor liability insurance covers (what kind of claim it is covered and how much it allows per incident) and excludes. Then carefully compare prices between different providers to get the best coverage and deal.

3. Most alcohol caused incidents include assault and fights, especially in bars and restaurants. It is essential that your liquor liability insurance covers for this. Without it, your coverage is pretty much useless because most incidents are going to be somewhat violate and damaging after the consumption of alcohol.

4. Defense coverage for lawsuit should be included in your liquor liability insurance because lawsuits may follow incidents. Those that do not provide this type of coverage have far less value.

5. For bars and clubs, it is important that the liquor liability insurance covers the employees as well as customers. In that environment, employees are more likely to consume alcohol and cause incidents. For liquor stores, it is not very important if the employees are not covered in the insurance.

6. For businesses that handle liquor on a daily basis, you will have to have some protocols in place to train your employees effectively. The training should include how to properly handle situations, checking identification before selling alcohol to a suspected minor. If you have lots of experience in businesses that involve alcohol, you can conduct these training in house with new employees. Otherwise, seek professional training programs for businesses that handle alcohol. The reason that training is crucial is because most liquor liability insurance won’t cover you if you violate the law, such as selling alcohol to minors.