Dave Beard

Expertly compared by Dave Beard

Products Updated April 30, 2018

Business Insurance For B&B’s Bed and Breakfast

Running a bed and breakfast is all about ensuring that your guests have a good experience. However, there are many things that you have to do to guarantee the safety and well-being of your guests. Cover for your business can be arranged quickly across a wide range of insurance needs including professional indemnity, public and employers liability insurance.

Our insurance experts can compare the market to find you the best deal on business insurance. Get a free quote and advice today:

2 providers expertly compared:

Hiscox

Provider
Hiscox Business Insurance

Products
Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
Small business and commercial insurance

Rated 4.8/ 5

All credit types

Hiscox commercial business insurance provides a professional level of cover to protect every aspect of your business, from the premises to the people who work for you, and any legal matters that may arise from your day-to-day operations.

2 providers expertly compared:

AXA

Provider
AXA Business Insurance

Products
Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Speciality
Small business and commercial insurance

Rated 4.7/ 5

All credit types

AXA business insurance can cover you and your business for every eventuality. Apply online today and save an extra 10% on your quote instantly.

Read our customer and visitor reviews for this product:

Rating: 5 / 5 with 1 votes

Recieved quotes as promised.

by Clear Eye Wear Limited

Happy with the process and quotes. Simple to use and back up with a phone call. No pressure to buy, which was reassuring.

FAQ

You have to make sure that your property is correctly maintained so that guests remain safe. Therefore, you have to make sure that everything is in safe, working order both indoors and outdoors. Your guests will expect a certain standard and this means that you have to do all you can to meet them but sometimes things do not always go to plan. There are many risks associated with running a bed and breakfast that could result in a guest making a claim against you and this could prove costly for your business. If you provide guests with incorrect advice, act negligently or cause injury then they have the right to make a claim against you. This claim could be submitted in an attempt to recover lost finances or to receive compensation. Therefore, your main priority should be ensuring that you have the right insurance in place.

Business insurance will protect your business from these claims and that is why it is important to have it in place. It will cover every cost associated with defending a claim as well as paying compensation and this can protect your finances. Mistakes and negligence can occur at any time but ensuring that you are protected will help to minimise the damage a claim can cause.

Also see: Business insurance for hotels and guest houses

Looking after guests and meeting their needs requires professionalism and understanding but with this comes risks so protecting yourself is crucial to the future of your business.

Professional indemnity insurance can protect your business from any claim and the costs that are associated with it. It is a fact of life that mistakes happen and you could quite easily offer your guest incorrect advice or act negligently and this could lead to injury and loss of earnings. You may fail to put a warning sign in the shower to warn of extremely hot water which could lead to a guest scalding themselves or you may give a customer food that they are allergic to after they had specifically for to be left out of a meal. It does not matter how big or small the error may be, your guest will have right to make a claim and this is where this insurance will provide you with the protection you need.

Public liability insurance will protect you from claims made against you that are associated with injury that you may cause to an individual or damage you cause to their property. A client may become injured by a loose fitted carpet or a damaged wall that you have failed to repair could fall on their vehicle. These risks are always there but public liability insurance will cover all costs so your finances remain safe.

The following features come with business insurance:

  • Complete protection from all claims and their costs regardless of the outcome
  • Full assessment of each claim before payment is released
  • Your business is protected in every possible way
  • All costs associated with defending a claim and compensation are covered
  • Court appearance costs included
  • Flexible payment solutions for cover that will fit your budget

What Are the Benefits?

There are many benefits that come with business insurance:

  • All legal requirements and industry requirements are met
  • Focus on your business needs
  • Protects your finances from the high costs of claims
  • Advice is available along with legal representation
  • Will provide you with re-assurance and confidence

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