For those of us not involved directly in the insurance business, figuring out what kinds of insurance for bars and nightclubs we need can be a bit of a pain. That said, there are some kinds of insurance that you will definitely want, while other kinds of bar and nightclub insurance might only be a necessity in certain situations.
Bar theft insurance and other employee related insurance like worker’s compensation may seem like an unnecessary hassle, given how many insurance plans you may already be dealing with, but most bars find that they must carry various kinds of insurance related to their workers. So what should you carry? Theft Insurance for Bars? Theft is […]
Disaster insurance for bars and nightclubs may just seem like an unnecessary frill and indeed, for many bar and nightclub owners it is simply too expensive. There is also a great deal of insurance between what is covered by disaster insurance for bars and nightclubs versus what the COMMERCIAL INSURANCE FOR A BAR or nightclub already carries.
So in this article I will explain what disaster insurance is and what it protects you against and help you get some clarity as to whether and in what quantity you might want to carry disaster insurance.
Liquor liability insurance covers legal problems that may occur from customers legally drinking at your establishment. For example, your bar liquor policy would cover the possible legal problems arising from two or more of your patrons getting into a fight in your establishment if one of them claimed you were responsible because you let them get drunk.
It would also cover you if one of your customers left your bar and got involved in a crash later in the night, should one of the participants in the crash hold you responsible for the customer’s inebriation. It would also cover alcohol poisoning should it occur.
When it comes to bar insurance, however, there are certain factors that will have a huge effect on your policy rates. Sometimes minor changes to the way that you run your bar will make a big change in terms of your bar or nightclub insurance policy.
You will not only need to have public liability insurance in order to protect yourself against claims but also to deal with third parties. Many businesses, such as construction contractors and cleaning companies will not allow their workers to service your property unless you provide evidence of public liability coverage. In addition many states and countries (like the UK) require public liability insurance as part of your bar insurance package in order to get licensed and investors will often stipulate public liability insurance as one of the kinds of bar insurance they expect you to carry in order to protect their investments.