Enjoying a glass of wine can be a great way to relax and socialize, but what would happen if the drinking were to get out of hand? If your business or establishment sells, serves, or assists in the purchase of alcohol, you could be held legally responsible for any injuries or damages caused by the actions of intoxicated patrons.
Liquor liability insurance protects a business against bodily injury and property damage resulting from a liability lawsuit, as well as any expenses for legal defense and court cases. When purchasing a liquor liability policy, ensure that there is coverage for assault and battery charges.
Although liquor liability is typically covered under a business policy’s general liability coverage, establishments that sell, serve, or assist in the purchase of alcohol are required to purchase a stand-alone policy. This can vary by state and includes restaurants, bars, nightclubs, etc.
Host Liquor Liability Insurance
A host liquor liability policy should be purchased for one-time special events where alcohol will be served and/or sold. This coverage is necessary when catering an event yourself, or if the venue you are hosting the event at does not have liquor liability coverage.
For more information on liquor liability insurance, contact McGrath Insurance Group at 800-342-3859 or visit our website at www.mcgrathinsurance.com.
*This article is written for informational purposes only and should not be construed as providing legal advice.