As with any business, understanding the risks involved with running a sports bar is important in keeping your employees, patrons, and business safe. Identifying risks and understanding how to safeguard your business from them is imperative to the long-term success of your establishment.
Insurance Services
An authority in insuring sports bars and restaurants, RMS Hospitality Group recommends a liability insurance program designed for sports bars that consist of the following coverages:
- General Liability
- Liquor Liability
- Products and Completed Operations
- Assault and Battery
- Excess Liability
Utilizing a program such as this will ensure your establishment is protected for whatever incidents may occur, from slips and falls to a midnight brawl and even the rare possibility of food poisoning.
Risk Reduction
While it is important that you have your risks properly covered, you can do a lot to minimize the need to make a claim on your insurance. One way to improve your sports bar risk management needs is to reduce risk. This can be done in the following ways:
- Thoroughly train all employees
- Schedule regular safety training
- Hire experienced staff
- Incorporate strict carding practices
- Have a protocol for handling intoxicated guests
Be aware of the risks specific to your sports bar establishment and safeguard your business from any incidents that may occur.