Protect Your Business With Liquor Store Insurance
From customer slip-and-fall injuries to liability as a result of accidents in company-owned vehicles, liquor store owners have to be prepared for the potential financial impact from a wide range of risks.
At biBERK, we provide tailored liquor store insurance coverage at savings of up to 20%. Whether you need workers' compensation, general liability, a business owners policy or BOP (sometimes called property & liability insurance), commercial auto, umbrella, or cyber insurance, just complete a simple form online or speak with our licensed insurance experts to get a fast, free quote. Plus, with biBERK, you can purchase a policy, manage it, and report claims online for ultimate convenience.
Who Needs Liquor Store Insurance Coverage?
Liability laws vary by state, but liquor stores can be liable for selling alcohol to minors or intoxicated customers. Consequently, you may need liquor store insurance coverage like a liquor liability add-on to your general liability policy. You should also consider other small business insurance. A business owners policy or BOP (also called property & liability insurance) combines general liability and commercial property insurance, and covers injuries to non-employees, theft, vandalism, and lost inventory due to accidents, natural disasters, and even failed coolers. Plus, it can also have a liquor liability add-on. Workers’ comp covers employees for on-the-job injuries or illnesses. Having the right amount of business insurance can provide financial protection should the unexpected occur.
Any Business That Sells Alcohol Needs Liquor Store Insurance, Including:
- Alcoholic beverage stores
- Beer distributor
- Beer stores
- Distillery owners
- Dram shop owners
- Liquor handlers/inventory specialists
- Liquor store franchise owners
- Liquor store owners
- Specialty wine shop owners
- Spirits stores
- Wine stores
What are the Different Types of Liquor Store Insurance?
At biBERK, we offer six different types of insurance coverage for liquor stores. Depending on the location of your business and other factors, certain types might be better for you than others.
Workers' Compensation Insurance
This insurance helps protect your business if an employee is injured, contracts an illness, or dies as a result of an incident on the job. It can cover medical costs, legal fees, and lost wages due to the injury.chevron_rightWorkers' Compensation
General Liability Insurance
Also known as commercial liability insurance, a general liability policy is important. The policy covers damages and legal costs associated with injury claims by customers and other people you don’t employ, damage to other people’s property that was caused by your business, and medical costs associated with these incidents. It also covers libel, slander, and copyright infringement. Plus, there are endorsements you can add to customize your policy, including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.chevron_rightGeneral Liability
This coverage can be purchased as an add-on to a general liability, professional liability, or BOP policy. It helps cover costs related to system hacks or data security breaches in which sensitive information has been stolen and fraud has occurred or there is a reasonable expectation that it might occur.chevron_rightCyber Insurance
Business Owners Policy
Also called property & liability insurance, a business owners policy (BOP) combines general liability insurance with coverage for your company’s property. You'll get protection for the building you own, space you lease, and any property needed to run your business, while also receiving coverage for things like business interruption. This can replace lost income, as well as cover other costs associated with getting your business back up and running after suffering property damage, such as the use of a temporary location. You can also tailor your BOP with add-ons including cyber, hired and non-owned auto liability, employment-related practices liability, and employee benefits liability.chevron_rightBusiness Owners Policy
Commercial Auto Insurance
If your company owns or leases vehicles, this policy protects the vehicles and drivers from any damage incurred during the course of business. Our commercial auto insurance policies are offered through a Berkshire Hathaway subsidiary.chevron_rightCommercial Auto
Every insurance policy you purchase has a maximum value that it will cover in the event of an incident. Umbrella insurance adds another layer of protection: it can cover costs that exceed the limit of another liability policy, subject to its own limit. Without it, you may be responsible for anything over your policy limit. Business liability suits can easily exceed the actual value of many small businesses, so we highly recommend an umbrella policy to protect your company.chevron_rightUmbrella
What Does Liquor Store Insurance Cost?
Your insurance cost is calculated based on a number of factors. These include your location, business size, and claims history. You can get convenient online quotes in minutes for all the policies your liquor store needs.
Why biBERK for Liquor Store Insurance?
We’re the experts when it comes to small business.
Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.
We insure your small business directly, without a middleman or insurance broker, so we pass that savings on to you - up to 20% less than policies with other insurance companies.
We're part of Warren Buffett's Berkshire Hathaway Insurance Group with millions of satisfied customers, more than 75 years of insurance experience, and $38 billion in paid claims in 2020.