Why do I need Bar Insurance?
It is extremely wise to have the correct insurance if you are a bar owner. Running a bar requires plenty of planning and organisation and this includes insurance. Any bar owner selling alcohol to the public will be well aware of the risks involved. Undoubtedly for the owner the working day will be very hectic, however, this should not mean that any insurance policy is overlooked.
Every bar is different in size, however, most have their busy periods throughout the day. Many employ staff and have regular suppliers visiting the premises who provide alcohol, snacks and food. Customers can differ too, depending on the location of the bar, but whatever type of premises you own there are hazards to be aware of. Needless to say customers drinking too much alcohol can cause trouble. This may be among themselves or to staff members including yourself, which may result in personal injury. With many bars serving hot meals during busy periods, dropped food can create a slippery surface. Loose fixtures and fittings, wet floors and poor lighting can all lead to potentially dangerous scenarios. If a customer suffers from an accident which results in personal injury he or she can sue you. With so many compensation claims companies offering their clients no-win no-fee deals, it is not surprising that many people are more than eager to make a claim against a business that may be responsible for an accident or injury.
The commonsense advice from reputable insurance brokers that can be found online is to make sure your bar is completely insured. Not being insured is taking unnecessary risks to yourself, your business and your staff. A successful claim against you, if you haven't got the right cover, may lead to bankruptcy and obviously a loss of your good standing.
Helpful staff online can provide you with information about Public Liability, Employers Liability and Property Damage Insurance. Other insurances such as Building, Loss of Drinks Licence and Employee Theft Coverage are also available. It is a fact of life that no matter where you work, where there is money changing hands and stock for sale, some staff will take the opportunity to steal. This is one of the largest risks and losses a bar owner must face. Once a member of staff starts stealing, he or she gets into the habit thinking they won't be caught, it becomes almost like a drug. Don't let this happen, re-evaluate your insurance requirements.
All types of insurances can be discussed and realistic quotes will be given online. Insurance costs can be compared with other insurance companies to get you the best deal while the administrative side of things won't take too long to complete. Insurance policies and what they cover can seem a little confusing, however, by contacting advisers online today, things will become much clearer.