When selling or serving liquor is part of your business’s regular operations, you must account for many different risks and exposures. Alcohol can exacerbate situations or circumstances that may already have their own inherent risks. Even a well-trained company and staff may not be fully capable of preventing small problems from becoming significant incidents. Fortunately, acquiring the right insurance coverage can protect your company and limit your losses.
Liquor liability insurance is a type of business insurance tailored toward businesses that sell, serve or distribute alcoholic products. For such companies, this type of policy is an integral component of a suitable insurance portfolio.
By purchasing a liquor liability policy, your company can be covered for the following expenses:
In general, any company involved in the creation, sales, distribution or serving of alcohol should consider liquor liability coverage. This includes the following:
Given the wide variety of businesses that serve alcohol as part of their regular services and operations, there is also plenty of variance regarding specific needs required within policies. Speak to one of our qualified agents to construct coverage that meets the needs of your business. Contact Cresco Insurance Agency today to get started.