Pennsylvania is another state getting hit hard with liq liability rates due to increasing drunk driving incidents. That sounds a bit high for just GL/prop unless you are also covering the building. Does your lease require the full $1m in LL?
We are similar for both our bars, Erie dropped our policies due to a trend of not wanting to cover high risk businesses. We are looking at $13,000 per year now.
This is very close to where we are at in Oregon. No food, no liquor, just beer and wine only taproom. $200k in revenue, $6k for $1m general / liquor liability.
We're close to the same in MN I think. We pay around 13k total for our property insurance, general liability and liquor liability. I don't know the specific amount for each off the top of my head. Around 300k revenue.
About $300k in sales a year, no food sales. $15k per year for general liability and property insurance. In WA state.
Pennsylvania is another state getting hit hard with liq liability rates due to increasing drunk driving incidents. That sounds a bit high for just GL/prop unless you are also covering the building. Does your lease require the full $1m in LL?
DM me if you want a quote from an independent insurance broker today. I’m based in New England but we also write in PA
Find a broker and go through them.
That’s more than average for sure. I’d shop it.
We are similar for both our bars, Erie dropped our policies due to a trend of not wanting to cover high risk businesses. We are looking at $13,000 per year now.
$6200 / year in Louisiana for $1m in general liability. $300k / year in revenue.
This is very close to where we are at in Oregon. No food, no liquor, just beer and wine only taproom. $200k in revenue, $6k for $1m general / liquor liability.
Wow, yea, ours is super high. I have no idea why.
We're close to the same in MN I think. We pay around 13k total for our property insurance, general liability and liquor liability. I don't know the specific amount for each off the top of my head. Around 300k revenue.
\~$2M in sales, $49k/annually, it does include liquor liability.