Liquor liability Insurance

Types of expenses that can be covered by a liquor liability policy

1. Legal Fees: This includes the cost of hiring attorneys to defend the business in court against claims related to alcohol-related incidents.

2. Settlements and Judgments: If a court awards damages to a plaintiff, or if a settlement is reached out of court, liquor liability insurance can cover these costs.

3. Medical Expenses: This includes the cost of medical treatment for individuals who are injured as a result of an alcohol-related incident, such as an accident caused by an intoxicated patron.

4. Property Damage: Coverage for repair or replacement of property damaged as a result of alcohol-related incidents.

5. Loss of Income: In some cases, if the business is temporarily closed due to an incident or legal proceedings, the insurance can cover lost income during that period.

6. Compensatory Damages: These are damages awarded to compensate the injured party for loss or injury, including economic and non-economic damages.

7. Court Costs: This includes expenses associated with court proceedings, such as filing fees, court reporter fees, and other miscellaneous costs.

8. Rehabilitation Costs: If the injured party requires rehabilitation services as a result of an incident, these costs may be covered.

9. Funeral Costs: In the unfortunate event of a fatality, liquor liability insurance can cover funeral and burial expenses.

10. Public Relations Costs: Some policies include coverage for public relations efforts to manage the business’s reputation following an incident.