FAQ_category: (HIDDEN) Industry FAQs

Yes! With the right policies: 

• Liquor Liability specifically covers claims tied to alcohol sales (such as if an intoxicated customer causes an accident after leaving your store). 

• Commercial Property Insurance covers theft of cash or alcohol, as well as fire and vandalism. 

• General Liability covers customer injuries on your premises. 

Liquor liability is not included in standard general liability policies, so it must be added separately to protect against alcohol-related claims. 

On average, Gilders pay between $500-$1200 a year for protection.   

Cost can vary depending on your: 

• Location 

• Size 

• Value of Equipment and Tools 

Gild will work with you to find the right tailored coverage that fits your budget and your needs. 

Liquor stores face high-risk exposures, including alcohol sales, late-night operations, and heavy customer traffic. The core coverages include: 

• General Liability – Protects against third-party injury or property damage, such as slip-and-fall accidents. 

• Liquor Liability – Essential for businesses that sell alcohol; covers claims if a customer causes harm or damage after purchasing alcohol at your store. 

• Commercial Property Insurance – Covers your storefront, refrigeration systems, shelving, and inventory against fire, theft, or vandalism. 

• Workers’ Compensation – Required in most states if you employ staff; covers workplace injuries like lifting injuries or cuts from broken bottles. 

• Commercial Auto Insurance – Necessary if you offer delivery services or transport alcohol stock. 

Yes! Even when not legally mandated, insurance is essential: 

• General Liability is commonly required by landlords before approving leases. 

• Workers’ Compensation is legally required in most states for businesses with employees. 

• Some local health or food safety authorities may require proof of coverage for retail food operations. 

• Additional coverages like product liability can bolster credibility with suppliers, regulators, and franchise partners. 

Yes! With appropriate policies: 

• Commercial Property Insurance (within the BOP) covers fires, theft, or damage to store equipment and inventory. 

• Product Liability / Spoilage Coverage helps address losses when refrigerated items spoil due to equipment or power failure. 

• General Liability can cover customer injuries or claims related to contaminated food.