According to IBISWorld, the Bar and Nightclub industry emerged from the recession, and turned around in 2010. The industry has continued to make strides over the years, causing revenue to increase. Industry experts expect an annualized rate increase of 1.5% by the end of 2015.
Bars are known for their fun, exciting and, entertaining atmospheres. But while many customers are having a good time and enjoying a few drinks, your client may be worrying about many things. As a bar owner, your client has an immense amount of responsibilities and having the perfect insurance coverage is a priority.
Colonial General can help you ease your clients concerns. We understand the many exposures that the Bar industry face and that is why we designed an exceptional Bar program. We can cover the following:
Property Coverage
• Accounts Receivable
• Basic, Broad or Special Form
• Building
• Business Income
• Computer Equipment
• Contents
• Equipment Breakdown
• Food Spoilage
• Outside Signs
• Replacement Cost or ACV
• Valuable Papers
Commercial General Liability
• Primary Limits up to $3,000,000 Occurrence/Aggregate
• Liquor Liability Coverage
• Excess or Umbrella Limits up to $25,000,000
• Included Coverages:
• Assault and/or Battery Limited Liability Coverage Form (per event)—$25,000/$50,000 Limits
• Medical Payments Coverage—$5,000 Limit
• Additional Interests
• No deductible required
Crime Coverage
• Inside the Premises—Theft of Money and Securities
• Inside the Premises—Robbery or Safe Burglary of Other Property
• Outside the Premises
Our dedicated staff is always ready to help. We represent many A+ carriers to better suit your clients’ needs. Please visit our Bar Insurance storefront or call us at 855-980-7480. We look forward to hearing from you!