Running a public house is an extremely busy process. One of the many
aspects that you must consider when running a public house is to have
adequate business insurance. Most insurers will offer a packaged public
house business insurance policy.
Businessinsure are able to provide business insurance quotations for
most types of licensed trade premises, whether this is a wine bar, public house with bar snacks,
public house with a full restaurant, public house with a function suite or a wine bar.
A public house insurance policy or pub insurance policy is designed to provide many of the covers that a public house will need.
Please click on the following link for full details of the insurance cover that is available in a public house insurance package policy or pub insurance package policy.
Most pub insurance policies will provide cover for a number of different areas. For example:-
This would cover items such as tables, chairs, glasses, kitchen equipment, fridges, cookers, tills and any other pub contents which are moveable. It would also cover any fixtures and fittings that you have installed in the pub for which you are responsible, such as a fixed bar.
If you lease the pub you may not be responsible for the buildings insurance, this would normally be arranging by the brewery or the owner of the building. You may have a full insuring and repairing lease which will mean you are responsible for insuring the building, even though you do not own it. In this case you would arrange the insurance and the owners of the building would have their financial interest noted on the policy as the beneficial owners. Therefore, in the event of a claim (for buildings) they would be the beneficiaries of any claim payment.
- Tenants improvements insurance (for example, if you lease the building you may need to insure improvement such as laminate flooring that you "own" and are responsible for)
- Stock insurance
- Alcohol stock insurance
- Tobacco stock insurance
- Business interruption insurance
- Public liability insurance
- Products liability insurance
- Employers liability insurance
- Frozen food insurance or deterioration of stock insurance
- Loss of licence insurance
- Personal effects insurance
- Insurance for portable business equipment, such as laptops, PDA's etc
- Goods in transit insurance (whilst in your own vehicle)
To arrange a FREE quotation, please fill in our online application form or phone us on the following number to discuss your requirements.
There are a number of different types and descriptions of public houses, pubs or licensed trade premises. Businessinsure are able to provide quotations for the following types of public house or pub:-
1 - Public House or Pub without a restaurant
2 - Public House or Pub with a restaurant
3 - Public House or Pub with letting bedrooms
4 - Public House or Pub with entertainment
5 - Lock up Public House or Pub
6 - Public House or Pub with bar food or bar snacks (cooked)
7 - Wine Bar
8 - Unoccupied Pub
9 - Gastropub
10 - All types of Bars
11 - All types of Inns, including those with letting accommodation
There are certain types of licensed premises we are not able to provide quotations for. These include nightclubs or pubs which have regular late night entertainment.
If you own a pub, public house or any other licensed trade premises you should consider the
following points when arranging your insurance:-
1) What amounts should I insure for?
The sums insured you declare should represent the replacement value or cost if you had to re-build the property or you had to replace your contents or stock.
When considering the re-building costs of a pub you should refer to any surveyors or valuers report that you have received that should provide you with a reinstatement cost for the buildings.
2) Insurance excess?
A normal excess for a package pub insurance policy will be £200 or £250, increasing to £1,000 for subidence, heave and landslip. Some policies may have increased excesses of £500. You should alway check the level of excess that is applicable to your insurance cover as you will be liable for this amount in the event of a claim.
3) Additional insurance cover?
Whilst we have talked about packaged insurance cover you should always discuss with your insurance broker any additional covers, such as loss of licence. This provides cover for any reduction in the value of the business in the event that your liquor licence is not renewed.
Finally, a few points when arranging your pub insurance:-
- You should always take the time to discuss over the phone your insurance requirements. An independent insurance broker will always provide you with advice as to what cover is suitable for you.
Businessinsure specialise in offering the pub insurance, public house insurance and licensed trade insurance, please feel free to call us to disucss your requirements.
