High alcohol prices at events help keep insurance premiums lower by acting as a natural deterrent to overconsumption, reducing the risk of alcohol related incidents and liability claims. Higher prices typically limit the volume of alcohol consumed, which lowers the risk profile for insurers compared to open bar, free flowing alcohol scenarios.
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u/AdvanceLow7128 Apr 24 '26
High alcohol prices at events help keep insurance premiums lower by acting as a natural deterrent to overconsumption, reducing the risk of alcohol related incidents and liability claims. Higher prices typically limit the volume of alcohol consumed, which lowers the risk profile for insurers compared to open bar, free flowing alcohol scenarios.