How host liquor liability insurance can protect you from holiday party risks.

As a business owner, you may want to throw a company holiday party to raise employee morale and reward your staff for all the hard work they have put in this year.  However, if you plan on serving alcohol at your company event, then you can't afford to skip out on host liquor liability insurance.  Here's how this special commercial coverage can protect your business from alcohol-related liability risks. What does host liquor liability insurance cover? Businesses that allow alcohol to be consumed onsite or at an event that they are hosting are liable for the damage or injuries that intoxicated individuals cause following the event.  Business owners can protect themselves from this risk by securing host liquor liability insurance.  This type of insurance offers coverage for any third-party damages or injuries caused by intoxicated employees or party guests, ensuring that your business will not have to pay for these expenses out-of-pocket. Why your business needs this coverage Some states have enacted laws that hold party hosts liable for the damages caused by an inebriated party-goers.  These states include the following:

• Alaska
• Arkansas
• Connecticut
• Hawaii
• Maine
• Maryland
• Massachusetts
• Missouri
• New Jersey
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• Tennessee
• Washington
• Wisconsin

If your business is located on one of these states, then you absolutely cannot afford to skip out on host liquor liability.  However, even if you don't operate a business within these states, you are still highly encouraged to carry host liquor liability insurance.  This is because an injured party can still sue you for the damages an intoxicated employee causes following a company party.  Host liquor liability insurance will cover your legal fees and minimize the negative impact that such a case has on your company's reputation. This is what you need to know about host liquor liability insurance.  Do you have other questions about the risks of hosting a company holiday party?  If so, then contact the experts at Weeks & Associates Insurance Services in Thousand Oaks, California.  Our team is eager to offer you the risk management assistance you need today.