Bar insurance protects businesses that primarily sell alcohol, including nightclubs, pubs, or taverns, from inherent risks. It usually covers unique liabilities such as negligent service of alcohol, as well as equipment failure or on-site accidents. Tabak Insurance offers customizable policies to meet the needs of your establishment. Here are some common things bar insurance covers:
General Liability
General liability insurance protects your business from risks that may arise during day-to-day operations. Businesses that host a large number of customers operate in fast-paced environments, serve food and drinks, or experience frequent spills often benefit from liability coverage. It covers any damage that occurs on your property, whether caused by you, your equipment, or an employee, including:
- Customer injuries, such as slips and falls
- Damage to a customer’s property
- Reputation damage, like libel or slander
- Accusations of copyright violation in advertising
If you sell alcohol, Tabak Insurance can add a liquor liability to your general liability policy. Liquor liability protects your business in case an intoxicated patron causes injury or property damage to another person after drinking at your establishment. This additional insurance policy helps cover the legal fees and medical bills of the injured party.
Workers’ Compensation
Bar insurance also includes worker’s compensation, which covers employees’ medical expenses for on-the-job injuries. In the bar industry, where cuts, falls, or burns may occur when making and serving food or drinks, workers’ compensation is a key aspect of your insurance policy. Though this policy primarily benefits your employees, workers’ comp may also protect your business from legal actions and financial loss. Without coverage, workplace injury could result in a lawsuit, damaging your business’s reputation. Our team at Tabak Insurance can help you navigate your state’s requirements for workers’ compensation to verify that you and all employees are protected by the policy.
Property Insurance
Your business is an asset, and property insurance protects your premises, the equipment, and the inventory you rely on for success. Our property insurance policy accounts for the basics, such as:
- Severe weather
- Fire
- Vandalism
- Equipment breakdown
- Spoilage of perishable goods
In the case of these unforeseen events, property insurance will cover the cost of repairs or reconstruction, lost property, and business operation and payroll expenses during repairs. We can also customize your property insurance policy to include special protection for your bar equipment. Ask us about theft protection, inventory loss, and property damage coverage designed for establishments that sell alcohol.
Errors and Omissions Insurance
If you accept special reservations or host events at your establishment, errors and omissions (E&O) insurance protects your business if a customer does not feel they got the experience they expected. This type of insurance covers claims of inadequate products, misrepresentation, or a perceived failure to uphold a contract. E&O insurance might be valuable if you frequently schedule services, such as delivery or catering, and external factors may delay services. If a company rents a private room in your bar or nightclub, and adequate seating is not available, E&O insurance could cover the dispute.
Product Liability
If you own a brewpub or still bar and sell your company’s beers, ciders, or spirits to patrons, product liability insurance might be a beneficial addition to your policy. Product liability protects businesses from claims that their products caused harm to customers. It often includes coverage for damages caused by defective products and illness due to a lack of safety warnings on the packaging. For craft brewers, this would include customer injury as a result of burst cans or bottles in the case of re-fermentation.
Apply for Bar Insurance Today
At Tabak Insurance, we can provide comprehensive coverages, such as liquor liability, E&O insurance, and product liability, to protect your business from the specific risks you may face. Our team will work with you to tailor your insurance package to meet your needs. Contact us today to begin developing the best insurance policy for your nightclub, pub, or tavern.
