If you've always dreamed of owning your own bar, you've probably thought about what drinks you'd like to serve, the perfect location for it, and the kind of atmosphere you'd like to create. Maybe your ideal bar looks like a sleek, upscale cocktail bar, a lively and loud sports bar, or a casual, relaxed neighborhood pub.

No matter what kind of bar you'd like to open, something else you should consider is what types of Business Insurance you'll need to protect your dream bar business. In our latest blog post, learn what kinds of insurance coverage you'll need to protect your business, and why Bar Insurance from THREE Insurance and Aegis is the best choice for bar owners.

What is THREE Insurance?

For far too long, bar owners have struggled to manage their Business Insurance needs, often dealing with a hodgepodge of confusing policies between different carriers. As a result, some bar owners pay way too much for complicated insurance coverage, or are underinsured if disaster strikes.

THREE Insurance by Berkshire Hathaway solves all of these problems for bar owners by offering a simple, comprehensive Bar Insurance policy that does it all. THREE's innovative Bar coverage combines all the Business Insurance coverage any bar owner needs into a single, affordable policy for a better way to get covered.

Unlike other types of business insurance, THREE Insurance stands out by offering a straightforward, three-page insurance policy with no hidden surprises, no confusing jargon, and simple policy information. With their clear-cut Bar Insurance policy, you can have the financial protection you need to fully protect the bar or tavern you've always dreamed of.

THREE Offers All The Coverage Your Bar Needs

Unlike other types of industries, bar owners face unique challenges and risks that require different kinds of coverage needs. For example, serving alcohol opens up your business to a wider range of liability claims, so your bar needs coverage that protects against these types of legal issues.

THREE's streamlined Bar Insurance policy includes these essential types of coverage:

Commercial Property: Owning a bar can come with a high number of risks, including fires, theft, vandalism, and even water damage from dishwasher leaks. Commercial Property Insurance protects your business building and the physical items your business owns or rents by helping with replacement and repair costs.

Liquor Liability Insurance: As a business that sells and serves alcohol, your bar could be held liable for injuries or accidents caused by customers you served, even after they leave. Many of these liability claims are excluded under General Liability coverage, so you need Liquor Liability coverage that specifically protects your bar against these types of costly lawsuits.

Liquor Liability coverage helps pay for the legal fees you may face from lawsuit, including court costs, attorney fees, and any settlements or judgments against your bar. Without this type of coverage, your bar could face thousands or even millions in out-of-pocket costs.

Workers' Compensation: Workers' Compensation coverage protects your employees and your business if a worker suffers a work-related injury or illness. If an employee gets hurt at your bar or becomes ill from their shift, Workers' Comp covers the cost of their medical care and treatment, replaces most of their lost wages while they recuperate, and helps shield your business from lawsuits related to their injury or illness.

It's a valuable coverage to carry since it helps provide the financial help injured or sick employees need during their recovery, and also protects against costly out-of-pocket costs for your business.

Employment Practices Liability Insurance: Employment Practices Liability Insurance or EPLI protects your business from any employee allegations of wrongful termination, sexual harassment, or discrimination. Since it covers legal fees, attorney costs, and possible settlements and judgments if your business is found liable, EPLI is a critical coverage to carry for your bar.

Cyber Liability Insurance: Your bar will likely depend on technology to promote your business online, handle your business banking, email vendors and suppliers, manage customer data, or process credit card payments. Cyber Liability coverage protects your bar against liability issues with stolen customer data, ransomware attacks, or compromised software.

With comprehensive Bar Insurance from THREE and Aegis, you can focus on building your bar and expanding your customer base instead of juggling multiple types of business coverage and policy needs.

Aegis Insurance & Financial Services: Ready to Help Your Bar Thrive

Before you pour the first drink at your new bar or tavern, you need to make sure you have the Bar Insurance coverage necessary to protect your company, employees, and customers. Aegis Insurance & Financial Services is the commercial insurance partner you need for lasting protection while you grow your bar business.

As industry leaders, we apply our in-depth knowledge of the Texas bar and restaurant business to deliver insurance solutions that make running your bar easier. This includes offering inventive coverage options from carriers such as THREE Insurance.

To learn how THREE Insurance can simplify how you protect your bar or restaurant, or to request a free, no-obligation quote, contact our office at 713-850-7622, or fill out our online form.

Aegis is eager to support your bar and protect it with quality coverage from THREE Insurance!