Hotels, Bed & Breakfasts and Guest Houses Insurance
There is nothing better than the welcome you can give to the guests that stay at your business. The satisfaction of guests can make running a hotel, bed and breakfast and guest house incredibly rewarding. Naturally, having people staying at your premises can not only be enjoyable, but it can also pose many risks too.
When you use a home for business, home insurance is not enough cover and will not pay out for you when you have paying guests staying. Instead, you need specialist insurance that looks after your business and protects your income.
Problems such as broken boilers, windows, damage from fire, theft and guests as well as theft of contents and guests’ possessions can be expensive, so it is essential that you have the appropriate cover in place to keep your business profitable and protect yourself from any of the risks that come with hospitality business.
What is covered?
At Compare My Insurance we can help you cover your buildings, contents and stock, we can also provide protection for your specific needs, including:
- Business interruption
- Deterioration of stock and frozen food
- Public and Employers’ liability
- Loss of licence
- Money cover
One of the essential aspects of hotel insurance is public liability, which protects your business should any of your guests suffer injury as a result of your hotel. The amount of coverage will vary depending on the size of your business, but most underwriters will offer up to £5 million in public liability insurance to give you peace of mind in the event of any accident that occurs at your hotel.
If you have employees that work for your bed and breakfast, then employers’ liability will be needed to cover any accidents or illness that occur as a result of working in your premises. Some policies will offer employers’ liability as standard, but if you do have employees, even if they are casual workers, then you will need to ensure you have appropriate employers’ liability cover in place.
One option that you may want to consider to be included in your policy could include loss of income, which is particularly beneficial if you cannot accommodate guests because of damage to your property. For exemplary customer service, you may also want to add cover for your guests’ possessions, so they can feel their belongings are safe when they are staying with you.
Why choose Compare My Insurance?
- Flexible policies designed to suit your business
- Up To £1m Public Liability Cover As Standard
- Low Policy Excess From Just £100
- 9 years experience providing thousands of customers business insurance
- We use A rated insurers to help you receive a quality of service if ever needed to claim
