Serving alcohol comes with responsibilities that business owners may not think about until something goes wrong. From bars and restaurants to event venues and liquor stores, one incident could quickly lead to a serious problem. Tabak Insurance helps businesses across the hospitality industry get the right liquor liability insurance to handle alcohol-related incidents. Here are four things a liquor liability policy can cover:
1. Third-Party Bodily Injury
If someone leaves a venue intoxicated and causes harm to another person, the business that served them may be liable. Liquor liability insurance addresses claims involving injury to third parties, including physical altercations, accidents, or other situations where alcohol played a role. It includes coverage for incidents within business premises as well as those off-site, after the customer has already left.
Even if the business did not directly cause the injury, being named in a lawsuit is common in these cases. A guest injured by an intoxicated driver may file suit against both the driver and the business that served the alcohol. This policy can respond to these claims, which otherwise may be difficult to manage financially.
2. Third-Party Property Damage
Physical damage to someone else’s belongings may also fall under liquor insurance. A customer who causes destruction while intoxicated may trigger a claim against the business that served them. The connection is apparent if the incident happens on the premises, but off-site incidents can still point to the serving establishment.
Third-party property damage might include damage to another vehicle, broken windows at a neighboring business, or even hotel property after a guest attends an event. In these scenarios, the cost of repairs or replacement can add up fast. Having the right protection in place allows the business to cover costs without paying out of pocket.
3. Legal Defense Costs
Legal expenses often begin before a case goes to court. From attorney fees to settlement negotiations, defending a claim could create a financial strain that lasts for months or longer. Liquor liability insurance typically includes coverage for legal defense, which can be a valuable policy aspect.
4. Employee-Related Incidents
Events hosted by a business, especially those off-site, sometimes involve employees serving or distributing alcohol. General liability or workers’ comp policies do not always cover these situations. If an employee serves alcohol and something goes wrong, liquor liability coverage may step in.
This type of incident might include a company party where someone becomes intoxicated, leaves, and causes harm on the way home. If the business provided the alcohol or hired staff to serve it, liability could still come into play. Making sure the policy addresses this kind of situation is part of the risk assessment process when applying for coverage.
Choose Us for Liquor Liability Insurance
Liquor liability insurance offers coverage for various risks that come with serving alcohol. From injury claims to property damage and legal expenses, the protections it provides are designed to respond to alcohol-related incidents. Tabak Insurance works with bars, restaurants, and other service providers to build policies that match their operations. Contact us today to learn more about tailoring liquor liability coverage to fit your business.
