Everyone knows that a business owner who serves alcohol needs a good insurance policy. Guests who have been drinking can blame the establishment that provided the alcohol if they injure themselves or damage property. However, some people do not realize that a host's liquor liability is similar even if the business did not actually provide the alcohol. Luckily, there is a special type of coverage for this situation.
Host liquor liability insurance coverage protects a business owner from expenses incurred by people who drink alcohol on their property, even if the owner did not provide it. Types of businesses that qualify for this insurance include the following:
- Bring-your-own-bottle restaurants that allow patrons to bring their own alcoholic beverages.
- Event venues that host events where alcohol is consumed.
- Businesses that hold social events where employees or guests drink alcohol.
Host liquor liability can be a separate policy or is bundled with other types of general liability insurance. Coverage depends on the specific terms, but often pays for the following expenses:
- Medical bills
- Property loss or damage
- Legal representation
- Court costs
If people drink alcoholic beverages at your business, even once in a while, you should consider host liquor liability insurance. It can keep social events enjoyable by eliminating the worry of legal complications the next morning.