State law can require businesses selling or serving alcoholic beverages to carry liquor liability insurance. At Tabak Insurance, we offer comprehensive insurance policies for alcohol-related claims. Here is information about what situations and claims trigger liquor liability insurance:
Slip and Fall
In a state with dram shop laws, businesses serving alcohol to visibly intoxicated patrons may be held liable for damages these individuals cause. Liquor liability insurance provides financial protection for your business if one of your customers causes physical harm or damages property after being served alcohol at your facility. This type of insurance helps cover alcohol-related incidents that general liability insurance may not.
Your business may be held liable for a slip and fall caused by alcohol. If an intoxicated individual slips and falls on your property and is injured, they may submit a personal injury claim. Alcohol liability insurance can help cover legal and medical expenses, including lawyer and court fees and medical bills.
Property Damage to Venues
Alcohol liability insurance is not limited to bars, taverns, or restaurants. Independent bartenders, event venues, nightclubs, and caterers that serve alcoholic beverages or have a BYOB policy for events also benefit from this type of insurance. If a bartender serves alcohol to guests at an event and the guests destroy venue property, alcohol liability insurance helps cover the damage.
Tabak Insurance also provides commercial property insurance. Property insurance covers damages to your building, inventory, and other business assets. We offer customization options for bar, catering, and restaurant insurance packages to include both commercial property insurance and liquor liability insurance. This combination is beneficial for safeguarding your business while protecting it from the legal and financial risks associated with serving alcohol.
Drunk Driving Accidents
State law can hold a business liable for damages a drunken patron causes even after they leave the property. This includes if a drunk driver causes an accident. Alcohol liability insurance helps cover the injuries and property damages the intoxicated driver causes, along with other accident-related costs. Carrying this insurance can protect your company’s reputation as an accountable business.
Employee Actions
Alcohol liability insurance can protect your business from the consequences of employee errors, such as overserving an intoxicated customer. Tabak Insurance offers coverage for liabilities relating to the actions of an employee. To help prevent employee-related alcohol incidents:
- Train servers to recognize symptoms of intoxication.
- Create policies about refusing service to intoxicated patrons.
- Enforce ID identification verification procedures to prevent underage drinking.
Train employees on how to offer non-alcoholic drinks safely or suggest alternate transportation to intoxicated individuals. Encouraging patrons to take a taxi or a rideshare can help prevent drunk driving. If an accident does occur, alcohol liability insurance will apply.
Fights and Assaults
Alcohol liability insurance helps protect the rights of customers or waitstaff who have been affected by intoxicated patrons. This insurance can be used to cover damages that were caused by fights, physical assault, and sexual harassment. Potential damages after a fight include property damage on private or public property and bodily injuries. For both parties to avoid a court case, a settlement may be reached between your business and the victims, which means a direct payout to the victims. Alcohol liability insurance helps cover this settlement payment. The Tabak Insurance team is available to answer your questions about sufficient coverage for alcohol-related physical altercations.
Liquor Liability Insurance at Tabak Insurance
We offer customized insurance policies and packages, including nightclub insurance, to help you meet your business needs. Tabak Insurance also provides workers’ compensation, errors and omissions, business owners’ policy insurance, and general liability insurance. If you are looking for liquor liability insurance for your business, fill out our online questionnaire to receive a quote, or call us today.
