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What Are the Inherent Risks Involved with Serving Alcohol?

serving alcoholThere are inherent risks involved in doing any kind of business. General liability insurance was created to protect businesses from the risks of lawsuits and other claims. Restaurants, bars and taverns are exposed to many kinds of risks because of the number of workers and customers that work at and patronize the business. When establishments serve alcohol, the risks only increase. If customers are over-served and become intoxicated, they can do serious damage. Intoxicated customers can get into fights, damage property, cause car accidents and other serious situations.

Most business owners know they need to purchase general liability insurance, but many don’t realize the need for liquor liability insurance. Any establishment that manufactures, serves or facilitates the serving of alcohol needs liquor liability insurance. This coverage is critical if any incidents arise. General liability insurance won’t protect business owners in cases of liquor-related accidents or injuries.

The best way to ensure that your business is properly protected is to work with a reputable insurance broker. These brokers do more than simply sign you up for a liquor liability insurance or general liability insurance policy. They review all aspects of your business to help you understand what kind of coverage you need to fully protect yourself. Good insurance brokers will fully understand all of the regulations in your state. Brokers can advise you about whether you should add liquor liability insurance to your general liability insurance policy. They will have the knowledge to design a policy with all the coverage you may need.

A good insurance broker will help you understand your liability issues and how to reduce your risk exposure. Many insurance companies offer training programs that help you implement safe business practices. Some insurance providers will reduce your premiums for general liability insurance and liquor liability insurance if you implement appropriate safety measures. Staff members should understand the signs of intoxication. Your business should not serve excess amounts of alcohol to any patron. This will reduce the likelihood of incidents. Staff members should check identification to make sure that patrons are old enough to drink. Workers should also know what steps they should take if a patron becomes belligerent or violent. These measures will help limit your restaurant or bar’s exposure to risky situations.


The Price of Cheap Insurance

restaurantInsurance costs are an inevitable part of doing business. These costs can be significant but good insurance will protect your business in a variety of situations. You tempted to buy lower-cost policies to reduce your costs in the short term, but this is a bad business decision. Most business owners purchase general liability insurance, but this isn’t sufficient coverage for a bar, restaurant or tavern. You need a comprehensive policy that includes liquor liability insurance. There will be more costs involved, but this coverage is essential to protecting your business.

Many businesses have gone bankrupt due to a lack of appropriate general liability insurance or liquor liability insurance. You should work with an experienced insurance broker who can explain your business’ risks and help you select thorough protection. General liability insurance coverage won’t protect you from liquor-related injuries, property damage or lawsuits. Your insurance broker can advise you of the level of protection your business will need to cover attorney fees, medical bills and property damage in the case of an incident. Lower premiums may seem like a smart decision, but if a problem arises, you won’t have sufficient liquor liability insurance and general liability insurance coverage to cover all of your bills.

Avoid lower cost, limited liability insurance policies. If a customer causes or is involved in a serious accident, these policies may not cover your costs fully. Many general liability insurance policies won’t cover liquor-related damages. There may be significant injury damages if there is an accident or fight. You could also be liable for the costs of mental or emotional damage to victims. You may need to hire attorneys which can lead to substantial legal costs. Some cases go to court which can increase legal bills. Only liquor liability insurance policies cover these issues.

Your broker should discuss all issues related to liquor liability insurance with you. You should consider covering both patrons and employees. Even if it is illegal to drink on the job, the liquor liability insurance coverage can protect you if employees violate the rules. Many business owners choose to have assault and battery protection included in their policies in case of fights. It’s also advisable to include coverage for mental damages in case of victim lawsuits. A good insurance broker will help you fully understand all your options so you can have the best protection available for your business.

Why should you worry about liquor liability insurance?

dining-outWhen you serve liquor to customers, you expose yourself to risk. Most customers don’t cause problems, but you need to protect your business against certain situations. When patrons become intoxicated, they can do damage in a number of ways. They may start fights, damage property or hurt other people. If intoxicated people drive a car, there is potential for serious damage. They could cause a accident that can result in grave injuries or even death.

As an owner of a restaurant, bar or tavern, you need the appropriate liquor liability insurance to protect yourself and your business. Many owners are aware that they need general liability insurance, but your need for protection doesn’t end there. If you serve alcohol, you need liquor liability insurance to protect against alcohol-related problems.

It’s important to find an insurance broker that can help you evaluate your insurance needs. Good brokers understand state and local laws. They can explain what sorts of liability situations your business is exposed to and what kinds of insurance are most appropriate. All businesses need general liability insurance to protect them against claims and lawsuits. Establishments that manufacture and serve alcohol have additional protection needs. They need liquor liability insurance to protect them in certain situations. .

Liquor liability insurance is not typically part of general liability insurance packages. Many brokers sell it as an add-on to general liability insurance. The broker may also design a package insurance deal that includes liquor liability insurance. The liquor liability policy should protect your business against a variety of liquor-related claims, such as assault and battery, emotional damage and defense costs. Your insurance broker should advice you against seeking limited liability insurance. It’s important to remember that insurance will not protect you if your business violates law. If you sell minors alcohol or violate other liquor laws, you won’t be eligible for insurance protection.

Your insurance broker may have ideas on how you can reduce your liquor liability insurance and general liability insurance premiums. Some companies offer safety training courses and programs. If you and your employees attend, you may be eligible for reduced rates. If your business has no history of claims, your premiums will be lower as well.


Insurance Brokers and Liquor Liability Insurance

liquor liabilityIf you own a bar, restaurant, tavern or another establishment that serves liquor to patrons, it’s imperative that you carry the appropriate insurance. There are a variety of situations that could lead to a lawsuit which could be financially devastating to your business. One of the most proactive steps you can take is to find a good insurance broker. A good broker will help you understand your business’ liability when it comes to incidents. He or she will help you build a liquor liability insurance package that will provide your business with thorough protection.

Your broker should review the importance of liquor liability insurance with you. This insurance is a necessary piece of protection for any business that serves alcohol. Your broker may recommend that you purchase liquor liability insurance as part of an insurance policy. In other cases, the broker may advise you to purchase a separate policy.

It is essential that your broker thoroughly understands Arizona laws when it comes to liquor liability situations. The most significant risk situations are when an intoxicated person is involved in a car accident. If your establishment served the person liquor, you could be liable for damages incurred in the accident. There is also risk to your business if an intoxicated person assaults another person on your premises. Comprehensive liquor liability insurance will protect your company in these situations. Without it, your business could struggle or end up in a bankruptcy situation.

It’s critical that your insurance broker understands how to write appropriate insurance policies for Arizona businesses. These policies can be challenging to write and an inexperienced or uniformed broker may not provide you with comprehensive protection. There are several court cases that establish precedents when it comes to business’ liability when serving liquor. A qualified broker will understand these cases and ensure that your policies protect against these situations.

A good insurance broker will help you evaluate your insurance needs over time. If your business grows or changes, your broker can reassess your insurance needs to make sure you are properly protected. For example, if the proportion of liquor sales to food sales in your establishment changes, you may need to adjust your liquor liability insurance coverage.


What is Liquor Liability Insurance? Understand the Basics

What Type of Business Insurance is Required

All businesses are required to have business insurance. There are different types of commercial insurance depending on what type of business you are starting. There are several places that you can get a business insurance quote online, some even allow you to start your policy online as well, but nothing can compare to meeting with an experienced broker.


Worker’s Compensation Insurance

Worker’s compensation insurance is a type of business insurance that all businesses with employees are required to have. This is beneficial for both the employer and employee. It gives the employer a safety net for his assets in the event an employee is injured on the job and also allows the employee to have a paycheck still coming in while they recover. All states require this form of business insurance.


Unemployment Business Insurance

This is another business insurance that is required by law for all businesses with employees to have. Unemployment business insurance allows a recently released employee to draw funds off a state based fund while unemployed. There are certain requirements that the employee will need to meet in order to receive this compensation.


General Liability

The general liability business insurance is designed to protect the employer from certain risks that can occur during the normal operation of business. This particular business insurance provides coverage for medical expenses, bodily injury and property damage. This insurance is the most common type of business insurance available.


There are certain requirements for business insurance that vary from state to state. You will need to do some research to see what is required by your state. Finding a good business insurance broker can help you tremendously when it comes to reading and understanding all the rules and requirements for your state. But never try to start a business without the proper business insurance, this could end your business before you even get started. Living in very litigious times, the failure to carry business insurance would be a huge mistake. Those of you currently running a business or still in the planning phase could benefit greatly from meeting with an insurance broker and going over your policy options.

The Benefits of Commercial Business Insurance

business insuranceCommercial business insurance is a necessity for any business offering services for hire. The business insurance that covers commercial services has a whole different aspect than personal insurance. There is a confusing amount of information that you will need to go over to decide which business insurance is right for you. Finding the right insurance broker for your business insurance could be the key to keeping your sanity.

Finding the Right Broker

The first place you should check is with your personal insurance agent. Many personal insurance brokers are licensed to carry business insurance. If they are not, then they can offer you a good choice of names in your area. Finding the right business insurance broker may take a little while. You do not want to jump at the first person you meet. Take your time and do interviews with the brokers you think may be right for your commercial insurance needs. You will want to make sure you feel comfortable with them before you decide. Another good point to remember is to choose a broker that is going to be able to handle all your business insurance needs and be able to advise you properly on which types of business insurance you will need.

Types of Business Insurance

There are at least two types of commercial insurance that all businesses are required to carry. That is liability and property damage business insurance. Liability insurance will cover the cost of any accident that harms a customer physically while on your property or being transported by your property. Property damage will cover any damages done to their property while you are working on it, with it or carrying it.

Depending on the type of business you have there may be other types of business insurance you will need. A good broker can let you know exactly which types of business insurance you will need to have.


When you decide to start a business, make sure to do plenty of research. Understanding your business is essential to selecting the right coverage.


Do I Need Business Insurance?

Every business owner will need to check into insurance. There are thousands of types of business insurance for you to choose from and every type of business will have different requirements for their insurance needs. But in order to protect yourself from having to pay out thousands of dollars, you should carry some type of business insurance.


How to Start

When you first decide to start a business, you will need to do some research on what type of business insurance you need. Most businesses will need to at least carry liability insurance. This insurance will help to cover any expenses incurred from damage to customer property. Even the smallest businesses are required to carry liability business insurance.


If you plan on having any company vehicles, you will need business insurance to cover your automobiles. This is totally different from your personal insurance for your car; the business insurance for vehicles will have a higher coverage limit than personal coverage does.


Find the Right Business Insurance Broker

Your local Better Business Bureau will have a list of reputable business insurance brokers in your area. You may also ask some local business owners that you know. They can give you first hand advice on who to use and how good they are. Your own personal insurance broker may be licensed to carry business insurance.


Do some interviews with business insurance brokers to see who you feel most comfortable around. This person will work very closely with you to help you choose which business insurance is right for your company. They will also be able to give you advice on how much coverage you will need to carry. All this information will come in handy when you go to choose the business insurance you will need.


The best advice for any small business owner is, to thoroughly research every aspect of the business you will be opening. Each type of service you offer will require a certain type of business insurance to make sure your assets are safe. The right business insurance could keep you from losing everything you have worked so hard to create.


The Benefits of Worker’s Compensation Insurance