Scenario 1:
A catering company is sued after multiple guests get sick following an event.
RELATED STAT:
- Illness outbreaks affecting multiple individuals can result in significant legal settlements, substantial reputational damage, and other financial repercussions for businesses.
SOLUTION:
- Commercial General Liability (CGL) Insurance can help pay for legal defense, settlements, medical expenses, and more. Excess Liability Insurance can provide additional liability limits. Learn more
Scenario 2:
A restaurant overserves a patron who becomes belligerent after leaving their establishment and damages city property.
RELATED STAT:
- Many states have so-called “dram shop laws” that can hold business owners responsible if someone is overserved alcohol at their establishment and goes on to cause injuries or property damage.
SOLUTION:
- Liquor Liability Coverage protects the restaurant from risks incurred by patrons – even after they leave the place of business. Learn more
Scenario 3:
A bar starts offering all-day drink specials and live entertainment on Tuesdays. A patron becomes intoxicated during the promotion, sustains a severe injury, and files a negligence lawsuit.
RELATED STAT:
- The lawsuit and related claims could result in significant financial losses, potentially reaching hundreds of thousands of dollars.
SOLUTION:
- Brokers should collaborate closely with their clients to ensure that all promotions and activities are sufficiently covered in their General Liability and Liquor Liability policies. Additionally, bars may want to consider obtaining Excess Liability Insurance for enhanced protection against unforeseen risks. Learn more
