Bars bring together food, beverages, and entertainment, creating lively experiences for guests. Any dynamic environment may be susceptible to risks, such as spilled drinks or broken glassware. At Tabak Insurance, we offer a variety of liability and insurance coverages to help safeguard your restaurant. Here are some benefits of bar insurance for new establishments:
Specialized Insurance
Bar insurance protects patrons, employees, and the property against a range of potential incidents, such as slips and falls. It offers coverage tailored specifically for bars, combining policies that address daily operations as well as higher-risk situations if incidents occur or escalate. Some insurance options include:
- Product liability insurance: For bars that produce house-made beverages, this type of coverage helps protect against claims resulting from allergic reactions.
- Cyber liability insurance: This insurance protects your business from the risks associated with data breaches, especially if credit card information is accessed by unauthorized personnel.
- Employment practices liability insurance: EPLI focuses on potential claims against the business by previous employees.
Liability Insurance
Bars typically require general liability coverage. This policy responds to many routine third-party claims, such as bodily injury or property damage. If a customer trips over a barstool or a server accidentally damages a patron’s property, general liability helps manage the claim. It also supports legal defense if the situation results in a lawsuit. General liability makes sure that ordinary mishaps do not become larger issues. Tabak Insurance often includes this protection within broader programs and adjusts it to reflect a venue’s size, customer traffic, and unique layout.
Liquor Liability
Serving alcohol is key to a bar’s business model, and can require protection. Liquor liability insurance addresses claims related to intoxication, such as if an over-served guest causes harm to themselves or others. Depending on the state, dram shop laws might require bars to carry this coverage. It makes it both a legal necessity and a protection for the establishment.
Bars are responsible for staff and security if disputes arise. Assault and battery liability insurance steps in when fights lead to injury or damage. Liquor liability and assault coverage protect the business’s reputation and stability. It also makes sure that isolated incidents do not disrupt long-term operations.
Protect Assets
Restaurants and bars rely on property, equipment, and staff for successful operations. Refrigeration units keep ingredients fresh, and lighting and sound systems create atmosphere. If these assets are damaged by fire, theft, or vandalism, operations could be disrupted. Commercial property insurance helps protect these investments, covering repair and replacement. This enables a business to recover quickly and resume its normal operations. Workers’ compensation benefits provide staff coverage if they’re injured at work.
Get Bar Insurance Today
To project investments, insurance is a key tool and typically includes general liability and liquor liability coverage. It also involves safeguarding assets and customizing coverage for safety and stability. At Tabak Insurance, we specialize in delivering protections that fit the needs of a bar, whether it’s covering everyday risks, managing alcohol related exposures, or protecting staff. Contact us today to learn more about policies for your business.
