Risk Overview
This account represents a long-standing, small-town tavern operating in Michigan for nearly four decades. The establishment serves as a neighborhood gathering place and community hub, offering food, drinks, and a familiar setting for residents and visitors.
The business generates consistent local traffic and relies heavily on repeat patronage. The agent required a stable market with appetite for full bar exposure and business income values reflective of the insured’s tenure and reputation in the community.
Exposure Profile
Full bar service including beer, wine, and spirits
- Casual American food service including breakfast and dinner offerings
- Bar games and arcade-style entertainment onsite
- Social gathering and local event hosting
- Aging construction
- Limited fire protection features
- Elevated business income values
The building’s age and limited fire protection presented underwriting considerations. Business income limits were significant due to the tavern’s long operating history and local dependency.
Coverage Structure
Placed under the Food & Beverage program.
- General Liability: $1M / $2M
- Liquor Liability: $500K / $1M
- Property: $690K Total Insured Value
- Evergreen Property Extension Plus
- Cyber Liability
Total Premium: $9,746
Underwriting Approach
We evaluated construction age, fire protection controls, and operational stability. Liquor receipts and entertainment exposure were reviewed to confirm appropriate classification and pricing.
Business income values were structured to reflect realistic interruption exposure rather than limiting coverage to a minimal threshold. The Property Extension endorsement was added to enhance coverage breadth.
Outcome
The placement aligned with program appetite and provided comprehensive general liability, property and liquor coverage. The agent secured competitive terms with stable capacity and responsive turnaround.
This case reinforces appetite for established neighborhood bars and taverns with liquor exposure and construction profiles that fall outside of a traditional box.