Liability and Business Insurance for Taverns
If you operate a tavern you may have come to the SMART place for affordable and suitable cover.
Whether you operate a country tavern, corner pub, city hotel or bar, you face a number of risks from in operating your business including your interaction with patrons and other visitors.
While everyone that walks in the door of your tavern is a potential customer, on the flip side, they are a potential insurance risk.
Tavern Business Insurance – what can it cover?*
What is covered in tavern insurance ?
What kind of insurance do you need for your tavern?
Obtaining suitable insurance coverage for your tavern or bar can be the difference between staying in business or being out business if in the running of your tavern a major accident or incident occurs.
Tavern business insurance may be able to cover all or some of the risks below.
- Public Liability – eg: Public liability insurance for taverns can provide cover for injuries from slips and falls of patrons and other visitors.
- Product liability - eg: food or drink poisoning resulting in damages.
- Commercial Property Insurance - protection for your tavern’s property , stock , fixtures and more
- Fire and Perils eg: fire arising from flammable products in stock, or cooking, electrical malfunctions, unguarded flames and grease fires.
- Crime/Theft/Money – eg: theft and burglary of cash , alcohol and cigarettes
- Business Interruption – eg: profit associated with your tavern in the event you are forced to close for an extended period.
- Equipment Breakdown – eg: refrigerator breaking down resulting in loss of stock.
- Cyber insurance eg .Hacking of payment facilities or private customer details
- Commercial Vehicle Insurance – eg. Cover vehicles used in the running of your tavern
- Marine transit – eg. Cover for shipment of goods you are transporting to your tavern
For more information on insurance requirements and costs for taverns please TALK to one of our helpful business insurance brokers on 1300 542 573.
Public Liability and business insurance for various types of taverns, bars and pubs Australia wide
Types of pubs and hotels throughout Australia we may be able to help you find suitable and affordable cover for include:
- City, suburban and country pubs Australia wide
- Pubs with bottle shops
- City, suburban and country hotels Australia wide
Some of the main risks for tavern owners*
Today , more than ever risk management is important for tavern owners. While it is not possible to insure against all the risks you face as a tavern owner there are a number of key risks that you can obtain protection for if things go wrong.
Some of main risks for tavern owners that you can take out a business insurance policy on are :
Injury and illness to tavern patrons and visitors
A drink or meal that causes illness to patrons, a slippery floor that causes a customer or visitor to fall , or even physical harm to a patron could lead to tens of thousands of dollars of damages for your tavern.
Help reduce the impact of damages from customer illness and injury with tavern public liability and products insurance.
Your taverns eftpos and credit card processing system is a target for hackers as is any private information you record online on patrons. If you are hacked and incur a data breach you may incur significant tech bills, be open to be sued by frustrated patrons, and may be subject to thousands of dollars in government fines.
Help reduce the impact of damages from data hacking with cyber insurance.
Theft & Burglary in taverns
Theft, and the threat of theft is an unwanted part of life for taverns. Theft and burglary of money, liquor , and cigarette stock in taverns unfortunately occurs all too frequently. While theft and burglary typically costs taverns a small percentage of tavern sales it can wipe away a much larger percentage of your profit.
Help reduce the impact of theft and burglary on your tavern by taking the theft and money cover option as part of your combined business insurance pack.
Loss or Damage to perishable stock and contents.
A major storm , power outage or even small fire could leave your tavern with costly damaged or worthless perishable stock and contents.
Help reduce the loss or damage to stock and contents by taking the stock and cover options as part of your combined business insurance pack.
Smart Business Insurance pro tip: What is the most amount of stock and contents you have at any one time? Cover this amount. It’s often at peak times business that major accidents occur.
Business interruption insurance for your tavern
Once again a major storm, power outage or even small fire could leave your tavern unable to trade , or only being able to trade at reduced capacity.
Help reduce the loss from business interruption on your tavern by taking the business interruption option as part of your combined business insurance pack.
Tavern business insurance broker
Our helpful small business insurance brokers can help you find suitable cost effective insurance for your tavern or bar.
Depending on whether you have a small or a large tavern, the level of fit out of your facility, your opening hours and the services offered certain insurance companies may offer better terms.
Tavern public liability and business insurance quotes
Where possible our friendly insurance brokers will obtain multiple quotes on suitable insurance policies for your tavern from leading insurance companies such as Vero, QBE, Zurich and AIG or obtain a competitive quote from a specialist underwriter.
For more information on tavern business insurance requirements, including what business interruption insurance can cover,TALK to a SMART Insurance broker on 1300 542 573
1300 542 573
TALK to a SMART Business Insurance adviser
Monday – Friday 8.45 am - 6.00 pm AEST