Bed & Breakfast Insurance
The pleasure many people get from running a B&B business is simply undeniable. However, to put yourself in a position to enjoy that operation long into the future, an adequate package of insurance cover is a necessity.
If you employ other staff to work in your Bed and Breakfast, in any role, for example food preparation and kitchen staff, cleaners and any administrative helpers you employ, you need to cover yourself with employers’ liability insurance.
Your Bed and Breakfast premises can also be protected using a buildings and contents policy. If you are taking one of these out, be sure to check that it covers your food and drink stock, furniture and any equipment your business uses, for example in the kitchen area.
Most B & B businesses handle cash much of the time. You may not want to think about it, but the possibility of both robbery and theft is a serious one. Including money loss cover in your insurance package may therefore be a wise choice.
All customer facing businesses face an inevitable risk of legal action, particularly if you have guests staying and eating within your premises. Public liability insurance is a great way to give you security if this does happen.
Whatever you do, there are always going to be unexpected situations that may arise in life, potentially stopping your Bed and Breakfast from operating for a while. Business interruption insurance is designed for these circumstances, and can be a real comfort if you find yourself in such a spot.
