If you are the owner of a public house or run one then you need to take out public house insurance. This type of policy would usually be sold as tradesman insurance and you can shop around and compare the cost of quotes online. Generally a specialist broker could find you the best and most suitable deal for your needs.

So what is this type of insurance and how could your benefit? There are many reasons why you would need this insurance and there are also many benefits to taking out a policy. The first of these is that of course as this is a pub there will be many people coming through the doors each day and it is essential that if anyone should get hurt whilst on your premises you have liability insurance that would payout towards court and solicitors costs. Without this you would have to find the money out of your own pocket and these things could work out to cost an arm and a leg!

Secondly you will have staff working for you. These could include bar staff, cooks, waiters and even kitchen staff depending on the size and type of public house. You would need to have liability insurance for all your staff and generally an insurance policy based for public houses/restaurants will also provide liability insurance for your staff. If they should then become hurt or injured in anyway whilst doing their job you could claim on your insurance policy.

Usually the stock in the pub would also fall under the insurance policy but you would have to check to find out what exclusions there could be and what limitations. Generally there will always be some in all insurance policies and the amount could depend on the insurance provider. If stock were to be stolen or destroyed which in a pub would be alcohol this could run into many thousands of pounds to replace which could be impossibility if you were not covered as you would need to find this money yourself.

Finally remember that as with all types of insurance public house insurance will come with a certain amount of excess that would have to be paid by you if you should have to make a claim on the policy. The amount of excess that you would need to pay before the insurance company would payout on the rest of the claim could differ. While you might think that £200 of excess is a lot of money to payout bear in mind that if your stock was to be stolen or destroyed and this totalled £2,000 then the excess would be a trivial amount to have to pay out of your own pocket.

Tags | Public house insurance