Every business needs an extensive business insurance package. When you possess a sports bar, however, only choosing a fundamental BOP may leave you susceptible to the initial perils of your industry. In addition to general liability and property coverage, you may want to consider making sure you've additional protection.
1. Unique Liabilities
Any time a business serves alcohol or food, the owner takes on additional risks. If your patron leaves your bar and is in an accident, you might be held responsible for some of the damages that result from the wreck. A guest who is hospitalized for food poisoning may file charges against you. It’s vital that you have specific policies that can help cover the cost of your defense and, if applicable, any damages awarded through the courts.
2. Assault Coverage
When rival teams face off, tempers can flare. Because you are responsible for what goes on on your property, you may need to rely on specialty sports bar insurance if a fight breaks out.
3. Excess Liability
As referenced on http://www.rmshg.com/, a lot can happen inside a short amount of time, particularly when there's alcohol involved. Even a liquor liability policy might not fully cover damages. An excess liability policy provides you with extra protection when you need it.
Your sports bar is probably a location where individuals visit relax, it can leave you vulnerable to specific liabilities. Protect your business with comprehensive coverage.