YOU NEED LIQUOR LIABILITY. WHAT IS MINNESOTA LIQUOR LIABILITY INSURANCE OR DRAM SHOP INSURANCE?
Liquor liability insurance in Minnesota covers bodily injury and property damage. But it specifically covers damage or injury caused by an intoxicated person who was served by the Minnesota policyholder. It’s also referred to as dram shop liability or social host liability,
All establishments serving, selling, manufacturing, distributing liquor are required to have liquor liability insurance in Minnesota.
General liability insurance specifically excludes this coverage, if you are in the business that makes, serves or distributes alcohol.
WHAT DOES LIQUOR LIABILITY INSURANCE COST?
Policies generally start around $750 – $1,000 per year. Many times it can just be added on the general liability insurance policy. This can vary from company to company, but, if sales are less than 25% – 35%, the minimum premiums start around $550 – $700 per year. When alcohol sales are lower, more companies are willing to quote. Bars and restaurants that serve more than 35% have very few options.
Liquor liability insurance cost is dependent on numerous things:
- The gross liquor sales of the establishment.
- The percentage of liquor to food sales.
- The limits of insurance you are selecting.
- Are there prior claims?
- Does the business have a full license or beer and wine?
- Are there events, bands, concerts, live music, karaoke, mechanical bull or a dance floor?
- Is there training for staff including alcohol awareness classes?
- What is the experience of management?
- What is the average patron age and the proximity to a college?
- Are loss control procedures in place? Formal loss control…
- Is security done by a third party with separate limits of insurance or by your business employees?
- Are controls in place for minors?
- Do you use security cameras?
- Are procedures in place for dealing with intoxicated patrons
- Is a record kept of issues involving intoxicated patrons? i.e. Naughty Book
- Some companies with limit eligibility on businesses with buildings over 35 years old.
The best way to get an idea of what it will cost you is to secure a quote. We can help you customize a quote specific to your exact needs
DO I NEED LIQUOR LIABILITY INSURANCE?
Look at some of the Minnesota businesses that need liquor liability!
- Bars / Lounge
- Bowling Alley
- Cheap Vendor Food
- Convenience Store
- Craft Brewing
- Fraternal Organizations
- Gentlemen’s Club / Strip Bar
- Grocery Store
- Liquor Store
- Sports Facility
- Tap Room
- Wholesalers and Distributors
- Winery and Vineyards
ARE YOU READY TO BUY LIQUOR LIABILITY? WHY SHOULD YOU CHOOSE INSURING MINNESOTA TO HELP?
Let us help you answer the questions you may have. Most people know little about liquor liability insurance and need some guidance and help. That’s where we come in. Through experience, state of the art technology and contracts with multiple carriers we will help you design a policy that is right for you and your business. We help businesses across Minnesota find affordable insurance. Experience tells us that businesses in smaller Minnesota towns have few options. Sometimes agents don’t call you back or preform in a timely manner as they are not familiar or would rather work on simpler things. That is not the case here. We love small town businesses and building that relationship.
Having an experienced liquor liability insurance agent on your side, can make a world of difference. Our agents listen to your needs and find the policy that is right for you and your Minnesota business. We have a checklist of coverage that we want you to look at. It’s very important to know your options, so you can make a quality informed decision.
Count on us to deliver the best insurance program to fit your needs and budget. Low-cost Minnesota liquor liability insurance is just a call or click away!
Are we a located in Minnesota? YES!!! Our Minnesota insurance agency is based in Lakeville, MN. We are just 20 minutes south of the Mall of America.
Do you need more coverage? Some of the other types of business insurance we offer are, general liability insurance, commercial auto insurance, workers compensation insurance, contractor insurance, restaurant insurance, business owners policy, tow truck insurance, and bonds. We also offer personal insurance, car insurance, homeowners insurance, boat insurance, motorcycle insurance, life insurance.
BUY LIQUOR LIABILITY INSURANCE FROM US TODAY – IT’S AS SIMPLE AS 1-2-3!
Most policies can be quoted within 24 – 48 hours. Simply provide your information once, we do the rest. Working with dram shop insurance everyday helps us know the market. The cost, coverage, service, claims are all important. We are your liquor liability insurance experts!
1. Request your quote! Don’t wait any longer.
We get excited about new quote requests. Just complete our quick quote form or give us a call at 952-469-0425. Representing multiple liquor liability carriers give us the edge and helps us to offer you a choice. A choice in carriers, options and the right price. We will take the guess work out of finding and buying your Minnesota dram shop insurance.
Complete our “Quick Quote” form and one of our liquor agents will be contact you asap. Our quotes are done individually and customized to your exact needs. Instant quotes don’t work for this type of insurance. Let our agents help you now.
2. Get Insured!
Give us the green light and say “Yes”! We will create the papers for you to sign, including a checklist to make sure you know all your options. You’re welcome to stop by the office and sign or do it by US mail, but in most cases that is done electronically. That means no papers to print, fax or scan or put in the mail. It’s sent to us immediately by email after you hit submit.
Call us old fashioned, sometimes, but we like to handle the down payment by phone.
3. You are done!
Securing liquor coverage can be a step that is holding up your liquor license. Once you sign and pay, we work immediately on your proof or certificate of insurance. It’s emailed to you or directly to the city, copying you.
PURCHASE YOUR MINNESOTA LIQUOR LIABILITY INSURANCE NOW!
At Insuring Minnesota our #1 goal is your complete satisfaction. It’s important you know and understand what you are buying. Equally important is what you are not buying. You need to be comfortable with each & every step in the process. Let us answer your questions up front. There are no hidden surprises when you buy from us.
Having years of experience with various liquor risks allows us to identify things that your normal agent may not find. Whether you have 10% liquor sales or 99%, we have the liquor insurance market that’s right for you.
You won’t be disappointed. We help hundreds of bars, restaurants and businesses throughout Minnesota. Are you ready to do business?