Can I buy additional cover for my bed & breakfast or guest house?
There are various options when it comes to B&B and guest house insurance. It all depends on the policy you take out and which cover options you include. While some of these may be included as standard with your policy, you may also want to upgrade the level of cover that’s included:
Guest and employee possessions cover insures you against claims of loss or damage to your guests’ and employees’ possessions.
Public liability cover is important for B&Bs and guest houses as it protects against claims for injury or damage to property from your guests or members of the public. For example, if one of your guests slipped on a wet floor and hurt themselves, this type of cover could pay your legal fees and any award of compensation up to a certain limit.
Products liability insurance is also important if your guests are injured or damage their property due to a product you’ve sold them. Perhaps you served gone off food, then you could be potentially sued for damages. Products liability cover will pay any legal fees and resulting compensation up to a certain limit.
Employers’ liability insurance means you’ll be covered for claims of injury or illness sustained by your employees during their work.
Business contents and stock cover means you won’t have to foot the bill for replacing your business contents and stock due to an event like fire, flood or burglary. Having this type of cover in place should give you peace of mind. It’s possible to insure everything, from pillow cases to vacuum cleaners and office equipment. If you'd like to know more, try reading our guide on contents insurance.
Business interruption insurance will cover loss of revenue incurred due to business interruption. Events like fire, flood or theft can damage your property, but also pose a threat to your income when you’re running a B&B.
Business takings cover means you can insure your takings against theft, including the cash you might keep on the premises.
Buildings cover covers you against damage and loss to the structure of your buildings, including exterior and interior walls, roofs and flooring. It covers all the permanent fixtures and fittings of your B&B and any outbuildings against events like fire, flood, theft and vandalism.
Depending on your policy, your buildings insurance may cover against burst pipe damage to your building. Buildings insurance can also include alternative accommodative cover, which will pay the costs of alternative, temporary accommodation for your guests should your B&B or guest house suddenly be inhabitable due to a covered event. To find out more, read our guide on buildings insurance.
Can I get guest house insurance if I’m an Airbnb owner?
If you’re an Airbnb owner, there are a few things to consider if you’re looking for cover.
Firstly, you should check if your mortgage agreement or mortgage provider allows you to rent out your home.
Then there’s the question of whether the property you’re looking to rent out is your main residence. Insurers will want to know if you live at the rented-out property full time or if you’re solely renting it out to guests.
If your property is leasehold rather than freehold, the terms of the lease may affect whether you’re allowed to sub-let or rent it out.
You may need to look for a specialised policy to add extra cover for your home if you want to use it as an Airbnb. You can find out more information in our Airbnb guide.