Bar Insurance

The costs for bar insurance and alcohol bonds varies depending on your type of business and your level of risk. It is important to consider all sides of your business when tailoring a bar insurance plan, including alcohol-related accidents, customers getting sick from food or drinks, property damage, equipment malfunction, and even theft or vandalism. An experienced agent can explain your options and make sure you have everything covered.

Owners of bars, taverns, and pubs invest a great deal of both money and time into their establishments. Without sufficient protection, all that’s invested in an establishment could be lost in a single incident. Bar insurance helps protect the investments that owners make in bars, taverns, and pubs from many potential risks. Bar insurance (also known as tavern insurance) is a type of commercial insurance that’s uniquely designed to meet the insurance needs of bars, taverns, and pubs. Most bar policies are package policies and combine several individual coverages into a single policy.

The individual coverages that tavern policies contain are frequently customized for a bar, tavern, or pub’s particular situation. Therefore, policies’ exact coverages frequently vary slightly. Nevertheless, there are many coverages that policies usually make available as either standard or optional protections. These coverages can be categorized into commercial property and commercial liability coverages. Commercial property coverages help protect property, inventory, and equipment that a bar, tavern, or pub owns. Some common commercial property coverages that bar policies often offer include: building coverage, contents coverage, food contamination coverage, equipment breakdown coverage, and commercial liability. Some common commercial liability coverages that bar policies frequently make available include: general liability coverage, which is used in many industries to protect businesses from a variety of risks; product liability coverage, which might cover incidents in which a food-borne illness is spread by an establishment’s food or beverages; liquor liability coverage, which may cover claims seeking compensation for damage or injuries caused by an intoxicated patron that an establishment served; assault and battery coverage, which might cover injuries that patrons sustain during a physical confrontation that occurs on an establishment’s property; and umbrella liability coverage, which is a supplemental form of insurance that may build on the protections offered by other coverages.

Most tavern insurance does not include workers compensation insurance. Policies normally also do not provide health or disability insurance. Establishments that need or want these insurance policies normally purchase them separately, as stand-alone policies.

Bars, taverns, pubs, and similar establishments should consider getting tavern insurance. While the coverages that tavern policies provide can sometimes be purchased separately, getting them through a package policy that’s tailor-made for a drinking establishment is typically easier and more affordable. Restaurants and nightclubs that serve adult beverages may also need many of the protections that are offered by tavern policies. Most restaurants and clubs will be better off getting a restaurant- or club-specific policy, though.