Joe is concerned he may become legally liable for bodily injury or property damage caused by people who became intoxicated after purchasing alcoholic beverages at his bar. What type of liability insurance can he purchase to cover these types of claims?

Commercial General Liability (CGL) insurance provides coverage for general business risks, such as third-party bodily injury and property damage. However, it typically excludes claims related to the sale or service of alcohol, making it insufficient for Joe's specific concerns regarding intoxicated patrons.

Commercial Property insurance covers physical assets owned by a business, such as buildings, equipment, and inventory, against risks like fire, theft, or vandalism. This type of insurance does not address liability issues related to the actions of customers, particularly those who may be intoxicated.

Products Liability insurance protects businesses against claims arising from injuries or damages caused by products they manufacture or sell. While it covers product-related issues, it does not specifically address the liabilities associated with serving alcohol, which is the primary concern for Joe in this scenario.