If you are an owner of a retail business that sells alcoholic beverages, you need special insurance. Bars, restaurants and liquor-selling outlets need liquor liability insurance. Don't be caught without the appropriate protection because you face unique risk exposure.
Read the following insurance claim scenarios that could happen to you as well.
Liquor Liability Coverage covered these true claims
A waiter served beer to a teenager and his friend without requiring them to show their identification. The pair eventually left the establishment, but not without incident. The impaired teen lost control of the vehicle he was operating and collided into a telephone poll. The driver's friend incurred severe injuries, resulting in a suit filed by the parents against the restaurant. The charge: unlawful serving of alcohol to a minor. The claim was concluded by a settlement at $60,000 and expenses reached $25,000.
Two minors entered a bar and were served alcoholic beverages. After exiting the pub, one of the teenagers drove a car directly into an oncoming truck. The tractor-trailer driver suffered extensive injuries. The driver filed a claim against the bar for negligent serving minors as well as for not providing adequate training for its waiters. After exhausting the insurance policy's limit, expenses hit $50,000.
A crowd drank a significant amount of liquor at a popular restaurant, and afterward ordered a pack of beer to go. A cop watched the group drive off while flinging objects out of their car. Turning on his police siren, the officer chased the speeding car. The driver lost control and the automobile overturned. Two passengers died from the impact. The parents sued the restaurant for wrongful death. A settlement for $400,000 was reached and expense costs capped at $59,000.
A young man and woman went out on the town to have a good time one evening. They played a few games at the bowling alley while drinking three mugs of beer. Then, they began to argue. The man left alone. As he drove, his vehicle hit a highway worker. The worker suffered a fractured pelvis, a head injury and severe cuts to the face. The worker brought a claim against the bowling alley for negligent service. A settlement for $200,000 was reached and expenses came to $15,000.
An underage patron bought a six-pack of beer at a local convenience shop. The cashier failed to ask him for his identification. The boy served the alcohol at a party where other minors were attending. The boy's mom instructed the boy's 20-year-old sister to drive to the party and bring her brother home. Once she arrived at the party, the girl drank some alcohol. Then, she proceeded to drive home with her brother. Under the influence, the girl lost control of the vehicle, and her brother was ejected out onto the hard concrete. The brother died of related injuries. The heartbroken parents filed a lawsuit for negligent serving to a minor against the convenience store where the beer had been sold. The parents won the suit and received $580,000. Associated expenses reached another $100,000.
PRIME Insurance Agency is familiar with the liquor providing industry's exposure to risk and liability. Given rights to do direct business with 43 of the top insurance companies across the country, we are able to shop the network for you and get you a tailored policy at competitively low quote.
Read the following insurance claim scenarios that could happen to you as well.
Liquor Liability Coverage covered these true claims
A waiter served beer to a teenager and his friend without requiring them to show their identification. The pair eventually left the establishment, but not without incident. The impaired teen lost control of the vehicle he was operating and collided into a telephone poll. The driver's friend incurred severe injuries, resulting in a suit filed by the parents against the restaurant. The charge: unlawful serving of alcohol to a minor. The claim was concluded by a settlement at $60,000 and expenses reached $25,000.
Two minors entered a bar and were served alcoholic beverages. After exiting the pub, one of the teenagers drove a car directly into an oncoming truck. The tractor-trailer driver suffered extensive injuries. The driver filed a claim against the bar for negligent serving minors as well as for not providing adequate training for its waiters. After exhausting the insurance policy's limit, expenses hit $50,000.
A crowd drank a significant amount of liquor at a popular restaurant, and afterward ordered a pack of beer to go. A cop watched the group drive off while flinging objects out of their car. Turning on his police siren, the officer chased the speeding car. The driver lost control and the automobile overturned. Two passengers died from the impact. The parents sued the restaurant for wrongful death. A settlement for $400,000 was reached and expense costs capped at $59,000.
A young man and woman went out on the town to have a good time one evening. They played a few games at the bowling alley while drinking three mugs of beer. Then, they began to argue. The man left alone. As he drove, his vehicle hit a highway worker. The worker suffered a fractured pelvis, a head injury and severe cuts to the face. The worker brought a claim against the bowling alley for negligent service. A settlement for $200,000 was reached and expenses came to $15,000.
An underage patron bought a six-pack of beer at a local convenience shop. The cashier failed to ask him for his identification. The boy served the alcohol at a party where other minors were attending. The boy's mom instructed the boy's 20-year-old sister to drive to the party and bring her brother home. Once she arrived at the party, the girl drank some alcohol. Then, she proceeded to drive home with her brother. Under the influence, the girl lost control of the vehicle, and her brother was ejected out onto the hard concrete. The brother died of related injuries. The heartbroken parents filed a lawsuit for negligent serving to a minor against the convenience store where the beer had been sold. The parents won the suit and received $580,000. Associated expenses reached another $100,000.
PRIME Insurance Agency is familiar with the liquor providing industry's exposure to risk and liability. Given rights to do direct business with 43 of the top insurance companies across the country, we are able to shop the network for you and get you a tailored policy at competitively low quote.
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