Owning a bar can be a satisfying business venture if you enjoy the atmosphere and group dynamics of nightlife entertainment. Whether your focus is providing a place to watch the game or a chance for new bands to find their audience, you’ll need insurance that is personalized for your business. Even if you serve food, you’ll need extra coverage that most restaurants need not bother with. Alcohol can sometimes lead to hostile or rowdy environments, maximizing the risk of injury or other cause for complaint. Insurance for bars can take these special risks into account to protect the bar owner from excessive violence or destruction of person or property.
One key difference between restaurants and bars is that restaurants are usually designed to be family friendly. Because bars are adults-only, customers feel free to consume more alcohol, and sometimes this can lead to shorter tempers and misunderstandings. Bar fights are just one risk that a bar owner takes on, but they’re important to factor into your liability insurance.
Apart from danger occurring within your building, you also should be concerned with your customers once they leave. When someone has consumed an excess amount of alcohol, their safety and the safety of others can be called into question. While your staff should attempt to monitor these situations, liability coverage can help protect you if a customer causes harm to someone or something after leaving the building.
With a wide variety of potentially hazardous situations, having insurance for bars is key to protecting business owners from being held accountable and having to pay dearly for it.