Nightclubs, pubs, sports bars, comedy clubs, restaurants, lounges and live music venues all have one thing in common: unique risks. Costly liability claims are common and there seems to be no end to them. If you’re the owner of a hospitality business, how can you protect yourself from claims that could mean the end of your business? The answer is hospitality insurance.
Just like every other business owner you need to be properly insured. However, the risks that you have to deal with are nothing for the faint-hearted, especially if you own a nightclub or such. Fights, alcohol, drugs, and cigarettes are all things that can potentially lead to incidents and harm your business. Serving alcohol is always risky. What do some of your customers do after leaving your establishment intoxicated? Probably get into their cars and as sad as it is, some are involved in dangerous accidents. Or they claim a few days later that your food made them sick. Where there’s liquor there’s also fights between customers. They can get injured or damage your property. Security personnel sometimes have to get violent in order to prevent worse things from happening. Chances are your intoxicated customers don’t understand this and proceed with a lawsuit. Unfortunately, you probably have a hard time to prevent drugs and cigarettes from being introduced to your business. These can cause harm to your customers, employees, and property.
It’s important that you safeguard your business and reputation as a business owner. The only way to protect yourself from costly claims is with hospitality insurance.