If you own a bar or tavern, you probably understand the hazards and liabilities of owning such an establishment. Your business attracts a wide variety of people for karaoke night and the big game and you want to ensure you are covered in the event of an accident with bar and tavern insurance. If you find a claim has been brought against you, you’ll have the financial resources to help your business survive.
Typical Coverage Components
Bar and tavern insurance plans can cover a host of bar elements like food service and the valet. However, typical policies often include the following coverage:
- Assault and battery
- Products and completed operations
- General liability
- Excess liability
- Liquor liability
The above are considered standard coverage for this niche market. Some agencies also offer risk management services to help these establishments diminish exposure and deliver better service overall. Alcohol, food and violent incidents are standard claims within the context of a bar or tavern. Quality insurance agencies and agents will be fully prepared to help you navigate such claims effectively.
Bar and tavern insurance are necessary if you plan to have an operational and safe establishment. You can’t predict when an accident is going to happen, but you can prepare for it with quality coverage.