In addition to Thanksgiving, parties and visiting friends, the holidays can also be a deadly time of increased drunk driving. According to the Insurance Information Institute, anyone hosting Thanksgiving or holiday parties should take steps to limit their liquor liability and make sure they have the proper insurance.
Social host liability, the legal term for the criminal and civil responsibility of a person who furnishes liquor to a guest, can have a serious impact on party throwers. Social host liability laws vary widely from state to state. Some states don’t impose any liability on social hosts. Others limit liability to injuries that occur on the host’s premises. Some extend the host’s liability if the person who was provided alcohol is killed or injured, or kills or injures another person.
Appropriate liability insurance coverage is necessary, but your insurance may not be enough to cover a judgment against you, as a social host. If you’re also charged criminally, it is possible that your policy will not cover the civil judgment.
Henssler Financial believes you should Live Ready. That means talking with your insurance agent about your liability insurance coverage and uncovering any exclusions, conditions or limitations your policy might have for this kind of risk.
If you need assistance or would like a second opinion, contact the Insurance Experts at Henssler Norton Insurance at 770-429-9166 or experts@henssler.com.
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