The type of insurance policy you need may differ depending on whether your business serves alcohol. Tabak Insurance offers insurance policies for restaurants, bars, and other hospitality businesses. Here is some information about the differences between liquor liability insurance and general liability:
Business Requirements
Insurance protects you and your business from potential lawsuits. A general liability policy is helpful for companies that serve food, handle other people’s property, use silverware and plates, and function in a fast-paced, high-traffic environment. These companies are at risk for spills, collisions, and falling objects that can result in slips and falls and other injuries.
State dram laws may require liquor liability insurance for any business where alcohol is served, sold, or consumed. This includes nightclubs, bars, and restaurants. Wedding venues and catering companies that serve alcohol may also need liquor insurance. This includes venues that hire a third-party company to serve the alcohol. Tabak Insurance provides both general liability and alcohol liability insurance.
General Coverage
General liability covers basic claims relating to property damage, illness, or injury. If a guest receives food poisoning, slips on a spilled drink, or is hit by a falling object, general liability insurance is able to help cover the medical bills. Property claims include damage to a patron’s personal property and damage to a rental property. General liability insurance offers a basic liquor policy for serving occasional drinks, but it does not cover businesses that serve alcohol daily.
This insurance also protects your company from reputational and advertising liability. Reputational liability refers to another company suing your business for libel or slander. This includes situations such as an employee spreading false information about a competitor on social media. Advertising liability refers to another company or other party claiming copyright infringement or false advertisement.
Liquor Coverage
Liquor liability specifically covers claims related to alcohol. Dram laws hold the business liable for the damages caused by a drunken individual if the person was served alcohol while intoxicated. This also includes damages that occurred after the person left the premises. Liquor liability insurance can cover:
- Injuries or property damage from drunk driving
- Property damage to other people’s possessions or homes
- Injuries from a slip and fall
- Damages from a physical altercation or sexual harassment
This insurance helps cover settlements, medical bills, and legal fees. This insurance does not cover damages done to the business’s property. To cover your property, Tabak Insurance can add commercial property insurance to your insurance bundle.
Get a Quality Liquor Liability Insurance Policy
With Tabak Insurance, you can become insured in 24 hours. We offer an Individual Business Evaluation to identify the possible risks your business may face, and we provide quotes based on the coverages you need. The other types of insurance we provide include workers’ compensation, errors and omissions insurance, business owners’ policy insurance, and so much more. We offer insurance quotes online and over the phone. To receive a quote for liquor liability insurance and general liability, we invite you to fill out our online form.
