Most liquor liability insurance policies exclude the selling of alcohol illegally, such as selling liquor to a minor. Most liquor liability policies are sold as a stand alone policy or packaged with a general liability policy. What Liquor Liability Insurance Covers. As might be expected, a good deal of alcohol-related liability claims filed against bars, taverns, and restaurants are a result of liquor-induced fights or altercations..
Some states require liquor liability insurance for every establishment that sells and serves alcohol; others do not. Generally speaking, you should consider investing in a liquor liability policy if you… Live in a state that requires you to have this type of policy Sell or serve alcohol at your establishment. Do You Need Liquor Liability Insurance? An example of a business that can blur the lines when it comes to Liquor Liability is a banquet hall or wedding venue. Banquet halls or wedding venues are a type of commercial business that requires additional and more nuanced conversations surrounding the need for Liquor Liability protection..
Liquor liability insurance excludes coverage for illegal activities, such as serving liquor to minors, selling alcohol after hours, or selling liquor without a license. Coverage for Occasional Functions Occasional functions require host liquor liability insurance.. If you sell or serve alcohol, you need have a liquor liability exposure! Damages resulting from the serving, sale or distribution of alcoholic beverages are covered by liquor liability insurance. Businesses of all kinds can have a liquor liability exposure if they: Host a party for employees, clients, vendors, etc.. Liquor liability insurance can be purchased as a standalone policy or bundled with a general liability insurance policy. Your Insureon agent can help you determine which type of liquor liability insurance policy is right for you, and ensure it provides any necessary protections for your business..
Liquor liability insurance, also known as dram shop insurance, is liability coverage for businesses that serve, sell, distribute, manufacture or supply alcoholic beverages. Learn if your business needs liquor liability coverage and how it can affect your insurance costs.. "If you're in the business of manufacturing, distributing, selling or serving alcohol, you need liquor liability insurance because the claims can be very severe," says Kevin Foley, a New Jersey insurance agent who handles commercial policies..