Keeping stock safe from theft, damage or deterioration is vital to a hotel, guesthouse or B&B. So protect it with stock, wines and spirits insurance.
A fire, flood or theft would compromise your stock and could cost an arm and leg to recover. Our simple to arrange stock, wines & spirits insurance can be extended, if you serve food, to include frozen or chilled items. Specific wines and spirits cover is also available. It’s all part of our overall small business insurance package. Also make sure you take account of any higher risk items like expensive champagnes and meat.
Many of our insurance partners can make adjustments for seasonal increases, when you’re at your busiest. And, they’ll automatically uplift your total value of stock by an agreed percentage. Wines & spirits insurance may be handy if you have a section of your hotel dedicated to these high value, higher risk items. It means you can build a policy that’s in proportion to your unique business. You may also want to look at business interruption insurance. This can cover you for the money you lose if you can’t open for business because your premises or stock have been damaged or destroyed as a result of an insured incident.
