Your dreams of owning a nightclub are coming true. Visions of happy customers enjoying themselves in your establishment dance in your head. But be careful — there can be nightmares as well. One of your customers has too much to drink and gets into a fight. Someone who had a nice meal at your nightclub becomes ill later on that night. A customer slips on a spilled drink and is injured. Fortunately, there are nightclub insurance programs that will protect you in case you are sued.
There are three steps in choosing the right insurance for your nightclub.
- Look for a Comprehensive Package – There are many types of insurance that your nightclub can and should have, including liquor liability, workers’ compensation, and assault and battery. You’ll want coverage that includes coverage for all of your risks.
- Choose Specialized Coverage – Your nightclub is a particular kind of establishment, and you should have insurance that takes that into account. A company that offers specific nightclub insurance programs understands this and can provide you with what you need.
- Go Beyond What’s Required – If you have a business loan or if you are located in certain areas of the country, some insurance will be mandated. Many insurance companies offer optional coverage as well, and most experts agree that the more insurance you have for your nightclub, the more you mitigate your risk.
The right insurance coverage needs to be part of your business plan. Following these three steps will help you sort out nightclub insurance programs and lead you to make the right choice.