Insurance is part and parcel of owning a business such as a pub. If you have the right pub insurance for your type of pub, then you will be completely covered should anything happen. If, however, you provided the incorrect information up front, then it will be very easy for a loss adjuster to decline your claim.
Unfortunately, a lot of insurers will look for any reason not to pay out a claim. The economic reality of today has brought this to the fore and it’s becoming rather unpleasant.
The process insurers or the loss adjusters deploy is to firstly investigate the truthfulness of the general questions asked at the setting up stage of the policy. This could either be the information provided on the application form or the Statement of Fact that is produced electronically for the client.
The following are very important questions all insurers will ask:
- Do you have any County Court Judgements (CCJ’s)?
- Have you had any bankruptcies or liquidations?
- Has any insurer cancelled your insurance or imposed special terms or refused to insure you?
To avoid this, all you need to do is answer the questions truthfully. Don’t be tempted to hide anything from your insurance company. If you’re unsure, speak to the experts about your public house insurance.
At Titan Insurance we have over 30 years’ experience in this sector. Give our Team a call and we’ll give you the best advice for your pub insurance. Call us on 0207 731 3700 or feel free to drop us an email.
