How much does insurance cost for bars?

Bar owners typically pay about $270 per month for a business owner’s policy, or a median annual premium of $3,260. The median value eliminates high and low outliers, providing better representation of typical bar insurance costs than the average value.

A BOP bundles general liability insurance with property insurance, usually at a discounted rate. This policy often includes business interruption insurance.

Pricing is determined by your bar’s location, operations, and value of business property. Bars with high-value equipment and furnishings tend to pay higher premiums. Not all bars qualify for a business owner’s policy. Check with your Insureon agent to find out if your bar is eligible.

Median cost per year: $3,260
Policy limit: $1 million per occurrence
Policy deductible: $1,000

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's business owner's policy cost analysis page.

The median cost of workers’ compensation insurance for a bar is about $185 per month, or $2,215 annually. The cost of a policy varies significantly depending on your state and business operations.

Workers’ compensation insurance is required in almost every state for bars with employees. This coverage helps pay medical fees and lost wages for employees who are injured on the job. Most policies include employer’s liability insurance, which protects bar owners against lawsuits related to workplace injuries.

Learn how workers' comp premiums are calculated and more on Insureon's workers' compensation insurance cost analysis page.

The median cost of liquor liability insurance for a bar is about $170 per month, or $2,060 annually. This type of insurance protects bars from liability for the actions of intoxicated customers. In some jurisdictions, your bar might need liquor liability insurance in order to obtain a liquor license.

Median cost per year: $2,060
Policy limit: $2 million

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's liquor liability insurance cost analysis page.

Bars pay a median premium of about $135 per month, or $1,615 annually, for general liability insurance. This policy protects bars against customer injuries and customer property damage, along with advertising injuries.

Insureon’s licensed agents typically recommend purchasing a business owner’s policy, which bundles general liability insurance with commercial property insurance at a discounted rate. A BOP protects your own business property along with covering common business risks.

Median cost per year: $1,615
Policy limit: $1 million per occurrence

Learn how to save money on your policy, which coverage limits to choose, and more on Insureon's general liability insurance cost analysis page.