Hotels, Guest House and Bed and Breakfast Insurance

Insurance Choice are brokers with decades of experience who can offer individually designed packages for all of your business insurance requirements. You can ring them on 0844 55 77 926 or click this link for a quote for your hotel insurance

Buildings and Contents
Stock Cover Including Food and Alcohol
Fixtures & Fittings
Public and Product Liability
Loss of Licence
Hotels with Entertainment Licences
Money Cover
Loss of Profits
Books and Debts
Monthly Instalments Available

Insurance Choice are authorised and regulated by the FSA (Financial Services Authority) number 452767

As is true in any country, visitors staying in hotels, guest houses or bed and breakfast expect the best accommodations. When they find fault, it can become very unpleasant for the owner of the facility. Any owner of a guest house, bed and breakfast or hotel has a tremendous amount to think about. This not only includes the staff they hire, the guests they are accommodating, but also what to do in the event someone is injured whilst on the premises or if deliberate property damages should occur.

Because running a hotel, bed and breakfast or guest house is considered a 'risk management' type of operation, there is much to consider when it covers to insurance cover, and finding the right insurance merchant is key to maintaining peace of mind should something go wrong. A reliable insurance merchant will research and find the cover necessary to protect you, your guests, your employees, buildings and contents and any interruption that might occur in your daily operations. The right cover will hopefully ensure that in the event of a mishap your business will survive.

Owners of hotels, bed and breakfast and guest houses need cover for various types of claims including event cancellations, public liability, employee liability and theft. Should a facility have to shut down temporarily because of damages, business interruption cover is also advisable.

What Cover is Considered Important?
Any insurance policy for a guest house, bed and breakfast or hotel usually includes buildings and contents. This cover usually protects an owner against perils like accidental and/or malicious damages, fire, explosion, storms, floods, lightning, airplanes, water damage, civil commotion, or damages caused by vehicle or animal impact. Some policies include standard cover for landslip, ground heave and subsidence. Other merchants will consider this cover additional and the premium will usually be slightly higher.

Contents will usually be offered for an additional fee, as it is optional. It will usually cover any contents that are used in the business like carpets, curtains, furniture and other equipment. It could also cover any contents that are available to guests like beds, chairs, etc.

Public, products and employers liability cover is almost always included in a standard policy and usually provides for at least 2,000,000 in public and products liability and 10,000,000 for employers liability. This cover offers protection against legal liability to employees or third parties should they suffer bodily injury or property damage.

If you sell tobacco products and operate a public bar, a tobacco cover will generally be added to a policy for additional protection. Should your facility have a license to sell liquor, wines and spirits cover is highly recommended if you operate a public drinking facility. There is also cover for loss of license, which usually offers protection for the money you may lose because a license was not renewed or was withdrawn due to circumstances beyond an owner's control.

Goods in transit cover will protect against stock damage whilst being delivered, should the stock be destroyed because a mishap on the road.

Business interruption is important, because it usually covers property should damages force you to close whilst repairs are made. It is more or less a reimbursement for the financial hardship brought on because of closure.
Along with business interruption and just as important cover is usually included for unforeseen incidences like telecommunication failures, public utilities failures, drink or food poisoning, suicide, murder or other diseases that could occur on the property.

Money cover is advised because it will usually compensate for cheques, postal orders and money that is on the premises if stolen or destroyed by a standard peril. Also, personal effects of guests and employees will usually be covered for items that are stolen, lost or or damaged due to a standard peril. Although personal effects is often optional, it can be a valuable consideration. in addition, if an owner lives on the premises, cover for his or her contents can be added if damaged or destroyed under a standard peril.

Legal expenses may also be an additional fee but is a valuable cover for those owners needing to defend a businesses' legal rights.

Finally, if the guest house, bed and breakfast or hotel has a gym, pool, sauna or play area, it is important to make your insurance company aware of these recreational facilities as they are considered high risk.

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