What Is Liquor Liability Insurance?Michael Stoop+
Liquor liability insurance provides protection for loss or damages claims if a patron of your business becomes intoxicated and is injured or causes injury to someone else. The insurance is purchased either as a supplement to a commercial liability insurance policy or as a separate liability policy.
There is much uncertainty and confusion about liquor liability insurance in the hospitality industry. Some business owners fail to purchase this specific coverage because they assume that their standard business liability insurance will provide protection from the risk of claims by intoxicated patrons.
Heavy damages awards are not uncommon in liquor liability lawsuits. Talk to us if you are uncertain about your obligation or need to carry liquor liability insurance New York. We can work with you to ensure that your hospitality business has proper insurance protection for liquor liability claims.