Insurance for Sports Bars

Obtaining the right Insurance coverages for Sports Bars is absolutely imperative. There are many exposures associated with Sports Bars and this makes it especially important to cover your operations in case of a claim. We will break down the most important coverages to get you started in being properly Insured.

Insurance for Sports Bars – Liquor Liability

If there is one tip you remember from this blog, remember that Liquor Liability is absolutely necessary for any establishment that sells liquor. This becomes even more important for businesses that rely on liquor sales for its primary income. Liquor Liability provides Liability coverage for incidents that arise as a direct result of alcohol consumption. Liquor Liability is often included as an endorsement on General Liability policies and it is important to note that this coverage is usually not included on the General Liability unless specifically requested. Depending on your Bars operations, you should carry at least $1,000,000 of Liquor Liability.

Insurance for Sports Bars – General Liability

General Liability is a very common coverage that you likely already carry for your Sports Bar. General Liability Insurance is a critical coverage for Sports Bars and every Bar should be carrying this coverage. As mentioned above, make sure you have Liquor Liability included on the General Liability. In addition to these coverages, many Sports Bars carry Business Personal Property coverage, which will provide coverage for Computers, Liquor Inventory, Valuable Paperwork, Furniture, etc. The
Business Personal Property coverage is often affordable and can sometimes be bundled with the General Liability policy.

Insurance for Sports Bars – Workers Comp

Most Sports Bars have employees, which means most Sports Bars should be carrying Workers Comp. This coverage is not only important, but it is required by law. Regardless of if your Sports Bars has bartenders, security, janitorial employees, etc., all of these employees should be covered under the Workers Comp policy. Workers Comp tends to be one of the more expensive policies for Sports Bars, but there are ways to bring down the cost if you work with a good Broker that knows the markets.

If you would like to learn more about obtaining the right Insurance coverages for your Sports Bar, give us a call at 925-297-4829.