Businesses that serve or furnish alcohol run a variety of risks every day. Some common risks that your business could be liable to pay for include customers getting in accidents or getting injured as a result of your business, inadvertently causing property damage, and damaging or losing your equipment.
Additionally, according to dram shop law, your business can also be liable for any accidents caused by individuals you served alcohol to, including third-party bodily injury claims, property damage claims, and personal advertising injury claims. FLIP’s Dram Shop Insurance plan can help protect your business from all of these risks.
Depending on your business, there are many other risks you face, such as experiencing a cyber security breach, giving poor business advice, or facing an assault & battery claim against your business. For these risks, FLIP provides additional policy options you can opt to include according to your business needs.