Comprehensive Restaurant/Bar/Tavern Insurance from Insurance Markets Agency Inc
Insurance Markets Agency Inc offers a specialized insurance solution tailored to the unique risks faced by hospitality businesses. Our Restaurant/Bar/Tavern Insurance program is designed for establishments in New Jersey and Pennsylvania, and includes options for businesses with dancing, live entertainment, or liquor exposures—areas often difficult to place in standard markets.
Ideal Accounts and Appetite
Our appetite includes a wide range of hospitality-related businesses, including:
- Restaurants (including those with on-site catering)
- Bars and Taverns with or without entertainment
- Nightclubs and venues with dancing
- Veterans organizations (e.g., VFW posts)
- Social and fraternal clubs
- Retail and convenience stores serving food or beverages
You might have a client who owns a neighborhood tavern with live weekend music and a full bar—this program is designed to handle those exposures, including liquor liability and entertainment risks.
Coverage Highlights and Advantages
Core Coverages:
- Commercial Property
- General Liability
- Liquor Liability
- All written on a single policy for efficiency and ease
Optional Enhancements:
- Money and Securities
- Equipment Breakdown (includes food spoilage up to $25,000)
- Glass coverage
- Valuable Papers
- Accounts Receivable
- Employee Dishonesty
Limits of Insurance
Property Limits: As required, written with "A" Rated carriers.
General Liability Limits:
- $1,000,000 Each Occurrence
- $1,000,000 Personal and Advertising Injury
- $1,000 Medical Payments
- $100,000 Damage to Premises Rented
- $1,000,000 Product/Completed Operations Aggregate
- $2,000,000 General Aggregate
Liquor Liability: Up to $1,000,000 per occurrence/aggregate
Underwriting Notes and Minimum Premiums
This program is written on a non-admitted basis through various carriers. Minimum premiums vary depending on account size, class, and individual risk characteristics. Our underwriters are experienced in evaluating complex hospitality risks and can assist in tailoring coverage to meet each client’s needs.
Territories and Availability
Currently available in New Jersey (NJ) and Pennsylvania (PA), this program is ideal for agents with hospitality clients in these states who need access to flexible, competitive non-admitted markets.
Why Work With Insurance Markets Agency Inc?
As a Managing General Agency and Excess & Surplus Lines Broker, Insurance Markets Agency Inc brings deep expertise in placing hospitality risks that may not fit standard markets. We work with a range of carriers, allowing us to offer tailored solutions for hard-to-place or unique accounts. Our streamlined submission process and responsive underwriting team make it easy for agents to get quotes and bind coverage quickly.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for restaurants, bars, taverns, social clubs, VFWs, and similar establishments, especially those with entertainment or liquor exposures.
Is liquor liability included in the policy?
Yes, liquor liability coverage is available and can be included on the same policy as property and general liability.
Can I place risks with dancing or live entertainment?
Yes, accounts with dancing and entertainment are eligible under this program.
What states is this program available in?
This program is currently available in New Jersey and Pennsylvania.
Are the carriers admitted or non-admitted?
This program is offered on a non-admitted basis through a variety of "A" rated carriers.
Need help placing an account? Connect with a market specialist.