There 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.