Retail store

If alcohol is sold to an intoxicated customer who then hurts another patron or damages their property, liquor liability insurance financially protects your small business by covering legal costs, settlements, and medical expenses.

The average premium for liquor liability insurance is $45 per month. Your coverage limits and alcohol sales affect the exact cost of this policy, among other factors.

The cost of retail insurance depends on the type of policies and amount of coverage you choose. Insurers will also look at the size of your business, revenue, and claims history. Save money on small business insurance by comparing quotes from different providers with TechInsurance.