Pub Insurance prices vary according to many factors such as size of pub, turnover, location, years trading and other such factors.
However, there are 3 other key components that can really influence the price to be paid by the pub owner.
- Licensing hours of the pub and how many extensions they have during a week
- Whether there is any live music or events held at the pub
- If there is door security employed
So, for example, a pub with no late licence and standard opening hours will be much cheaper than one that has live events or brings in security (assuming both pubs were of similar size and turnover).
Other factors that could influence the price would be children’s play areas and bouncy castles.
It is therefore important to get this right from the outset as a mistake or omission could invalidate your insurance cover.
This kind of insurance product may be bought online but suggest it is best to do by telephone as the full risk details of the pub can be discussed so everything is insured and nothing left to chance.
In insurance, it is better to be safe than sorry.
Titan Insurance has been insuring pubs for over 30 years so we know where all the pitfalls are… and just as importantly how to get you the best price.
Give us a call on 0207 731 3700 or drop an Email at: firstname.lastname@example.org to ask us any questions.