Having the right mix of insurance plans for your business can be legally requires as well as helpful for your bottom line. Having the right bar insurance means more than just making sure that you have general liability, however, because some places will require that you have liquor liability or other specialty plans.
Not only will insurance for bars and taverns need to cover the same things as plans for other industries, such as general liability and workers’ compensation, but they will also need to cover liquor liability and even assault and battery risks.
The best way to find the right insurance for your company is to determine what is required in your municipality as well as in your industry. You can then see what coverage is available and which insurance companies offer the best plans. Many companies offer contact information online and even online communications, so you don’t have to go over everything at once or in person.
Bar insurance packages differ from plans for other types of companies because they need to cover the customers, employees and property from the costs of damages from accidents involving food and alcohol as well as other risks. This means that many packages designed for bars and taverns will bundle general liability, workers’ compensation and liquor liability among other things.