What are the New York Laws?
Many states across the country, including NY, have “Dram Shop” laws. These laws apply to restaurants, bars, liquor stores, and any other business that serves or sells alcohol. By these laws, if you serve an obviously intoxicated person, and that person goes on to cause injury, death, or other harm, your business is legally liable and can be made to pay damages.
Despite these laws, NY does not require businesses that distribute alcohol to carry liability insurance. However, industry experts strongly recommend businesses invest in this important coverage. If your business is involved in a wrongful death lawsuit, or one involving permanent disability, you could be on the line for tens or hundreds of thousands of dollars, or even into the millions. Few businesses can afford this kind of expense.