Any business where alcohol is being served will want to invest in a good insurance plan. There are all types of insurance to cover these types of establishments from nightclub insurance to live music clubs and dance floor insurance. When you mix alcohol with people looking to have a good time you sometimes will get someone who just can't keep it together. Although the person will need to be responsible for their actions a lawsuit against the nightclub or bar that served them is all too common.
Some of the provisions of a night club insurance plan might be the following:
- General liability with limits up to 5 million.
- Property: to cover buildings, tenant improvements, furnishings and loss of income.
- Liquor liability
- Non-owned or hired vehicle
- Assault and battery
- Workers compensation
- Accidental injury
General liability insurance for your nightclub would cover those sums that the insured must legally pay as damages because of a lawsuit or claim involving accidental bodily injury or property damage. This usually includes legal defense costs.
Property and contents coverage for your dance club's building and inventory will cover direct physical loss or damage to the building and to such items as chairs, tables, inventory etc. located in the insured's property or premises.
If your nightclub serves liquor than a liquor liability plan is very important and it will pay for sums which the insured is obligated to pay due to a lawsuit or claim involving bodily injury or property damage on or off the premise resulting from a patron that was served alcohol from your establishment.
Assault and battery situations come up at nightclubs all to frequently. This is coverage for third party liability claims that arise from assault and battery charges. The coverage is for patron to patron and employee to patron.
Nightclubbiz.com has a handy FAQ section that addresses some questions you might have about starting a nightclub business. Insurance for your nightclub is very important but so are the safety plans that should be in place to minimize harm to both property and life. Most cities and states have in place safety and OSHA requirements but that might not be enough. Although you might have the required fire alarms in place what if no one can hear them over the music? Club La Vela likes to boast of being the largest nightclub in America and they have sprinkler systems inside and out of the building a when the alarms go on the music stops.