Pub Insurance – What Is Covered?
Pub insurance policies were developed to provide a simple one-stop-shop for publicans covering all their key insurable risks. Cover takes a menu driven approach depending on your individual requirements.
If you own the freehold you can cover buildings, or for tenanted pubs you can protect your investment in terms of the improvements you have made, such as new kitchens, bathrooms and bar refits. Pub contents, fixtures and fittings and stock can be included against perils such as fire, flood and theft. The other key area of cover is liability exposures such as employers liability for staff and public liability for injury to customers or members of the public.
Do I Need Pub Insurance?
Only two areas of cover are legally required when running a public house. Motor insurance should you own any motor vehicles and employers liability insurance. Employers liability provides legal liability for defence costs and compensation payments following injury or illness to any staff in the course of their employment for which you could be held liable.
It may not be compulsory to arrange cover for property such as business contents and fixtures and fittings, however, in view of the financial commitment in fitting out a public house, it would be a huge gamble not to arrange adequate protection – how would you cope if the property was severely damaged due to flood? Could you afford to pay for the refit yourself? Similarly, claims for injury from customers, or members of the public, can be equally significant and we would regard public liability insurance as a necessity.
Compare Pub Insurance Quotes
In the same way as your clientele all have different tastes and their favourite tipple, insurers too will have different appetite for risks. Some prefer food led pubs, others focus on wine bars providing live entertainment or on risks in a certain location such as country pubs – how do you know who to choose?
At Insync we have access to the UK’s leading public house insurers. Our dedicated insurance advisor will review your specific requirements and compare pub insurance quotes from up to 10 companies, helping you find the right level of cover at the right price!