If you own a bar, pub, tavern, nightclub, restaurant, liquor store, or any other establishment that manufactures, sells, or distributes liquor, your business needs liquor liability insurance. This very important insurance can protect your business against losses or damages that occur as a result of one of your patrons getting intoxicated and harming themselves or someone else.
Of course, this type of business insurance is vital, but it can also be confusing. Liquor liability insurance policies can vary greatly from one provider to the next, so it’s important that you understand what your policy should contain.
Here are 3 important things you need to look for when choosing a liquor liability insurance policy:
- Assault and battery—Alcohol and fights go hand in hand. That’s why it’s important to make sure that your liquor liability insurance policy includes coverage for assault and battery claims. These are the most common claims against bars, taverns, pubs, etc., so this one is really important.
- Legal fees—Defending your business in court against a legal claim can be expensive. That’s why it might be a good idea to invest in liquor liability insurance that covers the costs of hiring expert legal counsel.
- Employee provisions—Your employees are going to drink. It doesn’t matter what rules you put in place, someone working for you will have some drinks on the job at some point. What’s important is whether or not your liquor liability policy offers employee drinking provisions.
Choosing the right Texas liquor liability insurance could save your business. For more information, call us today at (832) 271-0790.