Owning a bar is a dream that many people have. For those that have a bar in the Woodlands, TX area, making sure that their bar is properly covered and protected is important. One of the best ways to do this is with a quality bar insurance policy. There are several reasons why having bar insurance is a good option.

Provides Liability Protection

One of the main reasons why you should have bar insurance is that it will provide you with liability protection. Whenever you are serving alcohol in a property that you own or manage, you are taking on a lot of responsibility for everyone that is in your place of business. If there is an accident in your bar, or if a patron is involved in an accident after leaving your bar, you could be found liable. A liability policy in your bar insurance will provide you with protection against these situations.

Covers Real Estate

When you have bar insurance you will also receive protection for the real estate. A full bar insurance policy will also provide protection if your asset is vandalized, damaged by a fire, or experiences another type of loss.

Requirements

Finally, having bar insurance is normally a requirement under a variety of agreements. Having this insurance will be required by a landlord, mortgage lender, working capital lender, and the local zoning boards. Not carrying this type of coverage could put you into violation with these agreements and put your entire business at risk.

If you own or manage a bar in the Woodlands, TX area, speaking with Outdoor Insurance Services would be a good option. The team at Outdoor Insurance Services could help you to better understand your insurance needs and make sure that you find a great policy. 

When starting up a restaurant, acquiring insurance may not be the first thing that comes to your mind. However, this is one of the areas of your restaurant that you should not overlook. Outdoor Insurance Services in The Woodlands, TX can help you through various calamities that might occur unexpectedly in your restaurant. We provide insurance options for multiple situations. Here are more details on what we offer.

What Are the Types of Coverage Offered by Outdoor Insurance in The Woodlands, TX?

Some of the commercial insurance options recommended include:

Employee’s Coverage

Workers will need good compensation in cases whereby they get hurt as they work on the restaurant premises or during a car accident as they do their daily activities. Cases of burns, cuts, slips, and falls are very common in restaurants thus the employee coverage is there to cover medical expenses. However, to reduce the cost of workers compensation, it is good to reinforce safety precautions to protect workers.

General Liability

Under this category, we provide protection for any restaurant operation cases whereby there are bodily injuries, personal injuries, and property damages. Accidents such as slip and falls within the restaurant may fall under this category (general liability). This might also cover the company vehicle if you own one. However, in some cases, this might fall under the commercial automobile insurance policy. Ensure you confirm this with our insurance agents.

Property Insurance

Outdoor Insurance Services provides policy protection in cases such as fires and vandalism. This can happen either willingly or unwillingly. However, we do not include coverage for incidents such as earthquakes and floods. In such cases, additional policies will be needed.

Which Are the Additional Covers Offered?

One can also consider acquiring a liquor liability policy if he/she is planning on selling liquor in the restaurant. This will chip in by protecting you in cases where one of your customers has too much to drink and gets into an accident after driving while drunk.

Reach Out to Us

Contact us today, inquire more details and purchase our insurance coverage!