Comprehensive Restaurant/Bar/Tavern Insurance from Insurance Markets Agency Inc
Insurance Markets Agency Inc offers a targeted Restaurant/Bar/Tavern Insurance program built for hospitality risks that are difficult to place in standard markets. This program is designed for agents writing business in New Jersey and Pennsylvania and supports accounts with liquor exposures, live entertainment, dancing, and other hospitality operations that require flexible non-admitted markets.
Ideal Accounts and Appetite
Our appetite covers a broad range of hospitality and related retail operations, including:
- Full-service and quick-service restaurants, including those with on-site catering
- Bars, taverns, pubs and nightclubs with or without live entertainment
- Venues with dancing or DJs
- Fraternal organizations and social clubs (e.g., VFWs)
- Convenience and retail stores that sell prepared food or alcoholic beverages
You might have a client who runs a neighborhood tavern with weekend live music and a full liquor license, or a small banquet facility that caters private events — this program is structured to cover those combined property, liability and liquor risks on a single policy.
Coverage Highlights and Advantages
Core coverages:
- Commercial Property (building, business personal property)
- General Liability with industry-appropriate limits
- Liquor Liability available and bindable on the same policy
- Single-policy placement for property, liability and liquor exposures
Optional enhancements:
- Money and securities
- Equipment breakdown (food spoilage coverage up to $25,000)
- Glass coverage
- Valuable papers and accounts receivable
- Employee dishonesty/fidelity
Limits of Insurance
Property limits: Placed as required with "A"-rated markets.
General liability limits (typical):
- $1,000,000 Each Occurrence
- $1,000,000 Personal & Advertising Injury
- $1,000 Medical Payments
- $100,000 Damage to Premises Rented to You
- $1,000,000 Product/Completed Ops Aggregate
- $2,000,000 General Aggregate
Liquor liability: Available up to $1,000,000 per occurrence/aggregate.
Underwriting Notes and Minimum Premiums
This program is offered on a non-admitted basis through a panel of carriers. Minimum premiums and specific underwriting requirements vary by account size, class code, and individual exposures. Our underwriters have experience evaluating complex hospitality operations and can work with you to tailor coverage, endorsements, and limits to the insured’s needs.
Territories and Availability
Available to agents writing business in New Jersey (NJ) and Pennsylvania (PA). Because placements are handled on a non-admitted basis, this program can provide flexible terms for accounts that do not fit standard admitted markets.
Why Work With Insurance Markets Agency Inc?
As a Managing General Agency and Excess & Surplus Lines Broker, Insurance Markets Agency Inc specializes in hospitality risks and has established relationships with a range of "A"-rated non-admitted carriers. We provide focused underwriting, fast quoting and streamlined binding to help you place hard-to-place or uniquely exposed restaurant and bar accounts. Our team understands liquor liability, entertainment exposures and the operational nuances of hospitality businesses.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Restaurants, bars, taverns, nightclubs, social and fraternal clubs (including VFWs), and retail/convenience stores that serve food or alcohol—especially those with liquor or entertainment exposures—are a good fit.
Is liquor liability included in the policy?
Yes. Liquor liability is available and can be combined with property and general liability on a single policy.
Can I place risks with dancing or live entertainment?
Yes. Accounts with dancing, live bands, DJs or other entertainment exposures are eligible and routinely considered by our underwriters.
What states is this program available in?
This program is currently available in New Jersey and Pennsylvania.
Are the carriers admitted or non-admitted?
Policies are written on a non-admitted basis through various select carriers.
Need help placing an account? Connect with a market specialist.