What is Bed and Breakfast Insurance?
Bed and breakfast insurance is a form of commercial insurance policy designed specifically for small hospitality businesses, such as B&Bs, guest houses, inns, and similar establishments.
This insurance provides coverage for property, liability, and other risks unique to the hospitality industry. With the right policy, you can ensure peace of mind for both your property and your guests, no matter what challenges come your way.
Types of Properties Covered by Bed and Breakfast Insurance
B&B insurance is ideal for various types of hospitality businesses, including:
- Bed and Breakfasts: Offering accommodation and breakfast to guests
- Guest Houses: Small-scale lodgings, often in residential buildings
- Inns: Larger properties with additional amenities, such as a bar or restaurant
- Holiday Cottages: Self-contained accommodations rented out on a short-term basis
- Farm Stays: Rural lodgings that allow guests to experience a farm environment
Each property type has unique needs, and bed and breakfast insurance can be tailored to cover specific risks for your particular establishment.
How our process works
We’ve worked hard to refine our process and keep it as quick, easy and simple as possible for our customers.
What Does Bed and Breakfast Insurance Cover?
A comprehensive B&B insurance policy typically includes the following coverage options.
What is Not Covered by Bed and Breakfast Insurance?
While bed and breakfast insurance provides broad coverage, there are some exclusions to be aware of.
Understanding the exclusions in your policy is crucial to ensure you’re not left vulnerable to potential financial losses.
Who Needs Bed and Breakfast Insurance?
Any property owner who offers short-term lodging, whether a dedicated B&B, a guest house, or even a holiday cottage, should consider B&B insurance. It’s especially critical if:
- You operate a B&B business on a full- or part-time basis.
- You have paying guests staying overnight.
- You offer on-site services, such as meals or entertainment.
- You employ staff, even on a temporary or seasonal basis.
If you welcome guests into your home, bed and breakfast insurance will protect your property, your business, and your guests.
How Much Does Bed and Breakfast Insurance Cost?
The cost of B&B insurance varies based on several factors:
- Property Size: Larger properties or those with more rooms may have higher premiums.
- Location: B&Bs located in high-risk areas (e.g., flood zones) may see higher costs.
- Coverage Options: Adding optional coverages, such as cancellation or business interruption, can increase the price.
- Claims History: A history of previous claims could raise premiums.
On average, UK B&B insurance premiums start from around £200 annually, but costs can range widely depending on your unique business needs.
How to Compare Bed and Breakfast Insurance Quotes
When comparing B&B insurance quotes, consider the following steps:
- Assess Your Coverage Needs: Identify what coverage types are essential for your business, from public liability to contents insurance.
- Gather Multiple Quotes: Compare at least three different insurers to find competitive pricing and options.
- Review Exclusions: Make sure you understand what is not covered to avoid any surprises.
- Consider Customer Reviews: Check for feedback on customer service and claims processes.
- Consult an Insurance Broker: A broker can offer expert guidance on policies that suit your specific requirements and budget.
