Liquor Liability Insurance

If your business sells alcohol to an individual who causes injuries or property damage after becoming intoxicated, your operations may be held legally and financially responsible for their actions. Securing liquor liability insurance may provide coverage in these circumstances.

State laws regarding liquor liability vary, and the professionals at Bozeman Insurance, Inc. in St. Petersburg, Florida can help you navigate the regulations as you select the insurance that meets your needs. Contact us today for more information.

What Is Liquor Liability?

Liquor liability is a business’s responsibility for the actions of its customers to whom they sell or provide alcohol. Liquor liability laws, or “dram shop” laws, generally state that if a patron causes injuries or property damage after becoming intoxicated, the business where they purchased the alcoholic beverages may be liable for those injuries or damages. Work with the insurer to fully understand the scope of your liabilities if you’re serving or selling alcohol.

Which Types of Businesses Need Liquor Liability Insurance?

Many types of businesses that sell or furnish alcoholic beverages should consider liquor liability insurance, including:

·        Restaurants

·        Taverns

·        Bars

·        Nightclubs

·        Catering operations

·        Concert venues

·        Sporting venues

Other businesses (e.g., grocery stores) may need coverage depending on state laws, landlord requirements or industry standards. Consult with our team of agents to help ensure you secure the policy your business needs.

What Does Liquor Liability Insurance Cover?

Liquor liability insurance may provide coverage if one of your customers becomes intoxicated and causes property damage or bodily injury after your business sells them alcohol. It may help cover the costs from the resulting lawsuits, such as the following:

·        Property damage expenses

·        Medical bills for injured parties

·        Legal fees

·        Settlements

·        Judgments

Endorsements to liquor liability policies may also be available. Contact us for more information on limits, options, coverages and exclusions.

How Much Is Liquor Liability Insurance?

 The cost of liquor liability insurance depends on many variables, including the following:

·        Your location

·        Your type of business

·        The amount of your liquor sales

·        The risk management policies and procedures your operations have in place.

Other factors may also influence premiums. Reach out to our agents for a quote.

Contact Us

Bozeman Insurance has been in business for over 60 years, and we can discuss your risk profile to help you secure the commercial insurance policies that are right for your business. Contact us to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.