Liquor Store Insurance
Find liquor store insurance for your business. Compare policies from leading national insurers. Get a quote in minutes.
Insuring over 1 million small business owners worldwide.
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Do I Need Liquor Store Insurance?
As a liquor store owner, your expertise can help customers find just the right wine, craft beer, or rare spirit. When it comes to finding the right types of coverage to protect your liquor store, we can help you find and select the one to match your specific needs.
What Type of Liquor Store Insurance Do I Need?
General Liability Insurance
A foundational liquor store insurance coverage to help handle costs from third-party accidents, property damage, and bodily injury. This is available for liquor store owners as part of a business owner’s policy.
Business Owner’s Policy Insurance (BOP)
General liability, property insurance, and more, all in one convenient package. It’s just what a busy store owner needs.
Workers’ Comp Insurance
Coverage to help take care of employees who get sick or injured on the job. Most states require this for small businesses with full- or part-time employees. It also can benefit business owners who don’t have employees.
Business Interruption Insurance
Coverage for lost income if your business is forced to close for a period of time. This is also known as business income coverage.
What Does Liquor Store Insurance Cover?
In a competitive market, your knowledge and service are what can be keys to building a successful business. But if that expertise doesn’t extend to financially protecting your liquor store, we can help with a selection of coverages to help you deal with accidents, lawsuits, and other risks like these.
Injury to a customer in your shop
A customer slips on a wet floor from a broken bottle of wine. The result is a trip to the ER and a broken wrist. You could be responsible for the medical bills, legal fees, and other costs associated with a claim. The general liability coverage of your business owner’s policy could help pay for those types of third-party claims.
Damage to someone else’s property
During a wine tasting, one of your employees accidentally spills a nice chianti and damages a customer’s expensive handbag. The ruined accessory needs to be replaced, and the customer wants you to pay for it. General liability insurance, as part of a business owner’s policy, could help cover the cost.
Vandalism and theft
You arrive at the store one morning to discover your store has been vandalized, with many bottles broken and some others stolen. Your business owner’s policy with commercial property coverage can help cover repairs and the cost of the lost inventory.
Interruptions to your business
Overnight, a malfunctioning walk-in cooler leaves your store flooded and requires you to close in order to take care of the clean-up. Having business interruption insurance as part of your business owner’s policy can help cover lost revenue, as well as damage from fire, wind, and other covered events.
Injured or sick employees
While stocking shelves, an employee drops a bottle of 10-year-old bourbon and cuts their hand while cleaning it up. That’s where workers’ compensation insurance can help. It’s often legally required, and it can protect your business from costly claims, as well as take care of your staff if they get sick or injured on the job. Workers’ comp insurance can help cover medical costs, as well as rehab expenses, lost wages, and funeral and survivor benefits.
Even if you’re running the store solo, we recommend workers’ comp to take care of you, especially since many health insurance policies won’t cover work-related injuries.
Business Insurance
A one-minute explanation
Learn more about policies for small businesses, what they cover, why you might need them, and how we can help – all in just 60 seconds.
Business insurance is often made up of different types of policies to cover different things, similar to how your health insurance can be made up of medical dental and vision coverage. Here are some of the ones small business owners may need. General liability is kind of the Swiss army knife of insurance, it can do a lot like help handle cost from third party accidents, property damage, bodily injury, and more. Nobody’s perfect right? That’s what professional liability is for. It could come in handy in the event of honest mistakes or claims of negligence. Workers’ comp can protect your business and help take care of employees who get sick or injured on the job. Small businesses are big targets for cyber criminals. Cyber Insurance can help cover costs associated with stolen customer data, cyber attacks, breaches, and fraud. BOP, or a business owners policy, combines different types of coverages like general liability and commercial property insurance. Putting them together for you is where we come in, you tell us a bit about your business online or on the phone, we customize the coverage options for what you do and what you need. It’s your business it should be your insurance as well, that’s why we’re here.
How Much Does Liquor Store Insurance Cost?
Try our Liquor Store Insurance Calculator
Get a quick estimate in just 3 steps.
Answers to More Liquor Store Insurance Questions
Is liquor store insurance required by law?
Most states require you to carry workers’ compensation insurance if you have employees. If you rent store space, you may need insurance to secure a lease. There also may be licensing requirements for certain liability coverages. We recommend checking with your state and local governments.
What is the difference between liquor store insurance and liquor liability insurance?
Liquor store insurance typically protects against general liability claims and property damage. Liquor liability insurance typically covers losses (such as property damage, medical bills, and legal fees) caused by an individual who was served alcohol by the business. Liquor liability insurance is also known as dram shop insurance.
How much does liquor store insurance cost?
The cost for your insurance coverage is largely determined by the type of business you have, the types of risks you’re exposed to, the square footage of your store, and the number of employees you have.
Some other factors can include where your store is located, how many years of experience you have, and your annual revenue.
We can help find the coverages and prices for online liquor store insurance in just 10 minutes right here.
What should I consider before buying liquor store insurance?
If you’re thinking of buying business insurance, we recommend having the following information when using our liquor store insurance calculator:
- The state where you do business
- Your type of business or trade
- Your annual revenue estimates
This information can make it easier to get a quote from one of our insurers in under 10 minutes.
Why work with Simply Business?
Small business insurance is what we do. Whether it’s covering you for accidents and errors, meeting workers’ comp requirements, or protecting your shop and your tools and equipment, we can help find the coverage you need for your liquor store.
We provide customized coverage options and quotes from top-rated small business insurers — all in just 10 minutes. More than 1 million small business owners worldwide trust us with their insurance, and we consistently earn high customer ratings and reviews.
Feel confident about your choice
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More Helpful Information for Liquor Store Owners
5-minute read
A General Liability Insurance Guide for Small Business
7-minute read
What is a BOP Policy and Do I Need One?
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*Actual savings may vary based on the nature of your business, its location, and insurance provider appetite. Savings percentage is calculated using the average price difference of quotes from SB’s panel of insurance providers.