Colorado Liquor Liability Insurance

Liquor liability insurance provides coverage for businesses that sell, serve, or manufacture alcoholic beverages, such as restaurants, bars, and liquor stores. It is designed to protect business owners against claims resulting from accidents or injuries due to the sale or service of alcohol. Policies help business owners to protect themselves, their assets, and their operations in the case of an accident or damage.

Coverage includes the legal costs associated with defending a claim and claim settlements, as well as any medical costs associated with bodily injury or property damage caused by an individual to whom the insured sold or served alcohol.

Though liquor liability insurance is not federally mandated, laws surrounding the sale and service of liquor vary by state and municipality. In the state of Colorado, the cities have local licensing authority, so business-owners who want to sell or serve liquor must first get approval from the city council. Having liquor liability insurance is highly recommended for all business owners, even those not legally required to purchase it, as it can help protect them from financial losses due to unforeseen events.

In the case of a lawsuit against the business owner, an accident or injury on the property, or damage to the property caused by patrons who have consumed alcohol, liquor liability insurance can help cover the associated costs and offer peace of mind against the potential liabilities that accompany owning a business and selling or serving liquor.