Liquor Liability Insurance in Mystic, CT
Serving alcohol can be a lucrative part of running a restaurant, bar or event venue and may help guests enjoy their visits. However, alcoholic beverages can introduce new risks and exacerbate existing concerns, potentially contributing to serious incidents and costly losses. Even the most responsible purveyors may eventually face scenarios where they face losses related to alcohol service, making liquor liability insurance a necessity.
What Is Liquor Liability Insurance?
Liquor liability insurance is a type of coverage designed to help businesses that serve, sell or distribute alcohol manage the financial risks associated with intoxicated patrons. In Connecticut, state laws can hold your business responsible if a customer causes harm to themselves or others after consuming alcohol at your establishment.
Who Needs Coverage?
In many cases, businesses that serve alcohol may be required by government bodies or clients to maintain liquor liability coverage. Even in the absence of formal mandates, our team at Specialty Coverage Insurance Agency generally recommends that many businesses, including the following, prioritize this type of insurance:
- Restaurants and bars
- Breweries, wineries and distilleries
- Event venues and banquet halls
- Caterers and mobile bartending services
- Retail stores selling alcohol
What Can Policies Cover?
Liquor liability insurance can help protect your business from the financial consequences of many possible alcohol-related incidents. For example, you might be eligible for financial aid for the following:
- Injuries or property damage caused by intoxicated patrons
- Legal defense costs if your business is sued
- Settlements or judgments resulting from covered claims
Your coverage can typically assist with incidents occurring both on and off your premises. For instance, your policy could cover losses arising from bodily harm involving a drunk person while inside your bar, as well as property damage if they end up driving home and cause an accident.
Why Choose Specialty Coverage Insurance Agency for Your Connecticut Liquor Liability Needs?
Contact us today to discuss liquor liability insurance for your business.