Liquor Liability Insurance For Caterers
High-coverage liquor liability insurance for caterers
* Prices vary by state
Protect Your Catering Company
Protect your catering business with Liquor Liability Insurance for Caterers. Liquor Liability Insurance can protect your business from the out-of-pocket cost of lawsuits, legal claims, and damages that can arise from selling or serving alcohol as part of your business operation.
Comprehensive Insurance
Liquor liability Insurance for caterers provides comprehensive coverage according to the unique needs and risks of your catering business. With general and liquor liability, as well as additional policy options for additional coverage, you will be able to rest easy knowing you have the exact coverage your catering company needs.
Catering Liquor Liability Insurance
A caterer who serves alcohol could be held liable to pay for accidents caused by individuals you served alcohol to. As such, it’s crucial to cover your business with catering liquor liability insurance, which can protect your business from the hundreds of thousands of dollars in out-of-pocket costs that could arise from a liquor liability claim.
Catering Insurance Protects Your Business
Running a catering business has risks and those risks are increased when serving alcohol. Liquor liability insurance for caterers is designed to mitigate and in some cases eliminate the hefty financial burden that comes from claims. With Insurance Canopy’s coverage, you can create a financial safety blanket of alcohol catering insurance to protect your business for years to come.
Catering Liquor Insurance Details
*Pricing varies depending on limits selected.
Liquor Liability Limits Options
Occurrence Limit*
$100,000 – $1,000,000
Aggregate Limit*
$300,000 – $2,000,000
General Liability Limits
Products & Completed Operations Aggregate
$1,000,000
Personal & Advertising Injury
$1,000,000
Each Occurrence Limit
$1,000,000
Damage to Premises Rented to You
$100,000
Medical Expense Limit
$5,000
Do I Need Liquor Liability Insurance For My Catering Business?
If you run a catering business that serves alcohol, you should carry catering liquor liability insurance. It protects you and your business from being responsible for the cost of claims arising from a multitude of scenarios. For example, a customer imbibes too much alcohol, drives away from your restaurant, and then gets into an accident that creates severe injury. The price of that claim could be tens of thousands of dollars. Aside from expensive claims, protecting your catering business with catering liquor liability insurance helps your business’s credibility and professionalism and thus can increase your bookings. When accidents happen, insurance shows that you are prepared.
What Does Liquor Liability Insurance For Caterers Cover?
Liquor liability insurance for caterers can protect your business from claims through a series of coverages. Common expensive claims that alcohol catering insurance can protect you from include:
- Accidents involving customers you served alcohol to
- Customers getting injured as a result of your catering business operation
- Property damage caused by your business or by an intoxicated customer
- Fights or threats taking place between patrons
How Much Does Liquor Liability Insurance For Caterers Cost?
The price of liquor liability insurance varies by state. Cost can also change according to selected limits as well as the nature of your business (services provided, gross liquor sales, etc.). Starting rates for plans including general and liquor liability can on average cost as low as $400 a year or $33 a month. For an accurate quote according to your state, follow the link below.
Claim Examples You Could Face
Claim Example 1:
A wedding guest was served alcohol, and lost control of his vehicle which resulted in serious injuries to several of his passengers. Damages due to negligent service reached over $1,000,000 and expense costs were $62,000.
Claim Example 2:
A food caterer served alcohol and one of the guests was in a car accident. His passengers were paralyzed and suffered severe injuries. The claim for negligent service reached $500,000 and expense costs of exceeded $70,000.
Claim Example 3:
At a holiday party, a guest lost control of her vehicle and hit a tractor trailer. The tractor trailer driver sued and won $300,000 for negligent service.
Questions About Liquor Liability Insurance For Caterers
What Is Liquor Liability Insurance?
According to your local Dram Shop law, your catering business could be held liable for accidents, injuries, and other damages caused by individuals you served alcohol to. Liquor liability claims can be expensive, often costing businesses hundreds of thousands of dollars. Liquor liability insurance is designed to reduce the out-of-pocket cost your business may be required to pay without coverage.
Insurance Canopy’s Liquor Liability Insurance For Caterers includes general and liquor liability as well as additional policy options to protect your company for the variety of claims it could face.
Do I Need Liquor Liability Insurance?
Yes. Depending on the state, if your catering business sells or serves alcohol, you may be required by law to protect your business with liquor liability insurance. However, even if you are not required to have insurance, there are many benefits that come from covering your business.
As a business that serves alcohol, your business could be liable to pay for damages caused by individuals you served alcohol to, especially visibly intoxicated persons and minors. With Liquor Liability Insurance For Caterers, you can financially protect your business should an accident occur.
What Claims Are Covered By Liquor Liability Insurance?
Liquor liability insurance can protect your business from claims that arise from accidents, injuries, and other damages caused by individuals you served alcohol to. As a business that serves alcohol, you could be required to pay upwards of hundreds of thousands of dollars as a result of a liquor liability claim. In addition to liquor liability claims, your business could also face third-party bodily injury and property damage claims.
With general and liquor liability coverage, Insurance Canopy has your business covered for many of the risks associated with running a business that serves alcohol.
Need additional information before making a decision?
Give our team a call today at 844.520.6993
Liquor Liability For Caterers
Running a catering business can be fun, but paying for liquor liability claims sure aren’t. Don’t let your business be halted by the financial burden of claims. Protect your catering business today with Insurance Canopy’s Liquor Liability Insurance For Caterers.
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