If you own a public house then you should look into pub cover which falls under the category of tradesman insurance. Were you to lose your stock for instance, if a member of the public were to get hurt or a member of your staff then you could claim on the insurance. Without an insurance policy to fall back onto would you be able to pay out of your own pocket?

If for example you were to lose the majority or even all of your stock it could total up to thousands of pounds. Alcohol is expensive and if your pub is also a restaurant then you could also lose many pounds worth of food. If you did not have the assurance of an insurance policy to fall back onto where would you get the money to replace your stock so that you would be able to trade? With insurance you could claim on your policy and just have the excess to pay out towards meeting the claim. The excess can vary and while it could be a substantial amount it would be nothing in comparison to the total amount it could cost for you to replace everything.

Whether you have just a couple of bar staff on your team or you have several and kitchen staff as well you would need insurance for liability. This type of insurance would allow you to make a claim if one of your staff members were to get hurt in anyway whilst at work. If you did not have this to rely on then again any claim through court for compensation would have to be paid by you out of your own pocket and court and solicitors costs can all add up to quite a lot.

Liability in your insurance policy would also pay out if any member of the public were to suffer injury or be hurt in any way on your premises or as a result of food / drink served by you or an employee. They would be able to claim on your insurance and your insurance provider would payout. When considering liability insurance you would have to check how much the policy would pay up to as this can differ with all insurance providers. It can also help to determine how much you would have to pay each month with the more the cover would payout the dearer the insurance premiums would be.

With any pub cover you were considering taking out you would have to check the small print as this is where you can find the limits and exclusions that would apply in your policy. These would vary depending on the provider with some adding in more than others into the small print.

Tags | pub cover