Guest House Insurance
While running a guest house is a fantastic way to make an income, having others stay in your property can invite unexpected costs.
Whether it is damage caused by a rowdy guest, legal expenses incurred as a result of an employee, or cover for stock in the form of food and alcohol, obtaining guest house insurance is the simplest way to make sure every aspect of your business is covered.
Running a guest house presents a unique set of challenges and we believe this should be reflected in your insurance.
One of the biggest risks associated with running a guest house is the damage that can be caused to its contents. Whether you have one bedroom, or fifty, it is important to make sure the contents within it are covered in the case of fire, or damage through events like flooding. Similarly, the outside of the building must also be covered against damage.
Like any business, guest houses are susceptible to interruptions in business. Events like illness, as well as other things beyond your control, can leave you losing out on money from prospective guests.
As a business owner, your actions affect other people. You may find that your employees become disgruntled, or that guests’ property becomes damaged. In order to avoid paying for related expenses out of your own purse, insurance is the best way to protect yourself.