Insurance for Public Houses and Bars
Running a pub is tough enough these days and one thing you could certainly do without worrying about is pub insurance. But keeping overheads in check is a vital part of good pub management and insurance is an expense that often comes under close scrutiny.
Fortunately, our research shows that the licensees of well-run establishments can often reduce their pub insurance overheads without sacrificing the quality of cover provided by their pub insurance policies. Good housekeeping and risk prevention measures should be reflected in lower pub insurance premiums. As your insurance broker it's our job to make sure underwriters recognise a good risk and that your pub insurance premiums reflect the effort you make to avoid losses and claims.
Insurance for Independent Public Houses
Like you, we are an independently-owned operation and we relish the challenge of meeting the individual pub insurance needs of diverse autonomous businesses. Being independent allows your business to adapt quickly to take account of changing market conditions. But can your pub insurer keep up? For instance, will your pub insurance cover you if you diversify by adding a children's play area or decide to become a Caravan Club Certified Location? Perhaps you will want to offer occasional live entertainment or do some outside catering? Can your pub insurer take such changes in its stride?
The buildings of traditional public houses are often of historic interest (sometimes listed or thatched) and many contain what pub insurers consider to be "non-standard" features. Non-standard features of construction can often mean non-standard (i.e. higher) pub insurance premiums so you need someone who can understand the risks involved and underwrite accordingly. It is equally important that your sums insured reflect the true costs of rebuilding the pub and make allowance for unusual planning requirements and extended timescales for repairs.
Insurance for City Centre Pubs
Insuring a city centre pub can be tricky because some pub insurers avoid these risks altogether; particularly where the establishment is a "theme pub", has a regular late license or makes an admission charge. We can help you to find a pub insurer that is not put off by the exposures involved with city centre pubs and that understand the business. Our risk management consultant can assist by providing guidance on good security management and health and safety matters. We will demonstrate to the insurer that your business represents an acceptable risk and ensure that your pub insurance premium reflects the loss prevention measures you have adopted.
Insurance for Pub Chains or Multiple Outlets
If you have a string of pubs to insure then that automatically provides a spread of risk for the pub insurer. Generally speaking, larger sums insured mean reduced overall premium rates so there is usually scope for negotiating a discount on your pub insurance costs. Speak to us about why we are already the preferred pub insurance provider for leading buying groups and pub chains.
Whatever type of public house you own or manage, ask us to provide a free no-obligation report and insurance quotation complete with recommendations on the extent of cover required and ways to reduce your premiums. Contact one of our hospitality trades insurance specialists by phone on 01603 70-80-90, request a free call back, or complete the enquiry form.
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Alan Boswell Insurance Brokers Limited, Alan Boswell Insurance Services Limited and Alan Boswell & Company Limited are authorised and regulated by the
Financial Services Authority.
