Cheers to Coverage: Comprehensive Bar Insurance for Taverns and Pubs
Securing bar insurance is indispensable, given the dynamic and often unpredictable nature of the hospitality industry.
Bars inherently face diverse risks, ranging from slip-and-fall mishaps to potential property damage and incidents involving assault and battery.
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Critical Insurance Policies For Bar Owners
Think of CGL as your bar's first line of defense. It covers expenses if someone gets hurt or their stuff gets damaged on your property. Spilled beer on a customer's phone? Broken glass from a rowdy night? CGL can help pay for medical bills, repairs, and even legal fees if someone sues.
Serving alcohol comes with extra risks. Liquor liability covers you if someone gets hurt or causes damage because they drank too much at your bar. Think fights, drunk driving accidents, or bad reactions to alcohol. This policy can be lifesaver, protecting your business from hefty lawsuits.
Your staff are your rockstars, so take care of them! Workers' comp covers medical expenses and lost wages if they get injured on the job, be it a nasty cut from a broken glass or a slip on a wet floor. It's not just the right thing to do, it's often required by law.
A fire shutdowns your bar? Business interruption insurance helps pay your bills while you're rebuilding, covering lost income and expenses like rent and employee wages. It's like a financial cushion to keep your bar afloat during tough times.
From your fancy barstools to your top-shelf whiskey, property insurance covers your stuff if it gets damaged or stolen. Fire, theft, even burst pipes – this policy can help get your bar back on its feet in no time.
Don't Risk Business Without Bar Insurance Coverage
Many bars opt for basic plans thinking “we’re pretty careful, nothing too bad ever happens here.” But all it takes is one serious incident caused by an inebriated guest threatening to dismantle what you’ve worked years to earn. Insufficient insurance sinks establishments through:
- Out-of-pocket legal and medical bills exceeding assets
- Months-long disruptions paying for building/property repairs uninsured.
- Bankruptcies from six & seven-figure lawsuit payouts.
- Permanently closed doors following revoked liquor licenses
The Allen Thomas Group offers bespoke alcohol risk solutions so you can follow your bliss operating premium establishments where communities connect.
Getting The Right Insurance For Your BaR
We know how frustrating and complex the process of finding the right coverage can be and how it slows down your ability to care for your customers.
Let us help fix it for you in 3 easy steps.
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Insurance for Bars and Taverns Frequently Asked Questions
Yes, they do. For small to midsize operations, $500,000 is a common minimum liability limit.
Larger venues near or exceeding 100 capacity would fare better with upwards of $1 million to $2 million in protection.
Ask for at least $1 million in commercial general liability coverage, naming your business as “additional insured”.
This gives you a layer of protection if an altercation occurs involving band members on the premises.
Unfortunately yes. Plaintiffs may allege that overserving contributed to accidents offsite afterward.
Robust liquor liability insurance protects your business against these “dram shop” claims.
Parking lot incidents, from slips and falls to assaults, make up over 25% of claims.
So you need independent insurance agents to customize an insurance plan. Added security staffing, frequent area checks, and extra lighting help prevent these situations from developing into litigation.
- New York
- North Carolina
- South Carolina
Get Protection for Your Business With the Right Insurance Policies for Bars or Nightclubs
The Allen Thomas Group empowers bar, pub, and nightclub owners to stay protected with top bar insurance policies without risk.
You have our back through streamlined bar insurance packages, without which you could be held liable for potential risks and liabilities. Insurance coverage is essential to help protect you in circumstances beyond your control.
We specialize in customizing different types of insurance coverage for you so you can find insurance that actually works. Insurance will provide you with peace of mind and protect your business from claims.
Choose The Allen Thomas Group to get free quotes for various types of claims.
Learn more about properly protecting your livelihood while elevating hospitality spaces by contacting our insurance agency directly at (440) 826-3676 or requesting a free quote below catered to your unique bar and tavern insurance needs.