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Guest House Insurance

If you're running a guest house, it's no longer enough to offer a cosy bed and a delicious breakfast. As guests expect higher levels of service, even the most minor incident has the potential to turn into a costly claim. Guest house insurance packages ensure that you and your guests are protected, shielding you from the financial costs of legal bills and compensation claims for injuries or property damage.

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That’s where Park Insurance can help. Sourcing the best in hotel and guesthouse insurance, we can put together a package of cover that gives you peace of mind while staying within your budget.


What is guest house property insurance?

Guest house insurance means you, your finances and your assets are shielded against most situations. From getting the right buildings and contents insurance to Public Liability insurance that protects you and your business' finances, you need to make sure that your insurance package is custom-made to fit your exact requirements. Bear in mind that your standard house insurance is not intended for business purposes. If you open your home to paying guests, you will need guest house insurance in addition to your own home and contents cover.


Why do you need guest house property insurance?

No matter how warm and welcoming your guest house is, a simple thing can turn a pleasant stay into a nightmare for a guest. A trip or fall could result in an injury, or their property could be damaged or stolen, leaving you liable for a hefty legal bill and potential compensation.

You also need to consider more modern issues, such as cyberattacks, where your guests' personal information and details could be compromised, potentially leading to a legal battle. Insurance for guest houses can also cover your vehicle if you use it for business purposes, or even the contents of your freezer if you offer breakfast or other meals as part of your service.

What insurance do I need as an owner of a guest house?

In addition to building and content insurance, your package should include Public Liability cover to protect you against financial losses resulting from compensation claims. Your policy should include Employer’s Liability cover, which is a legal requirement if you employ anyone, including part-time staff or family members. Consider adding product liability cover too, especially if you provide things such as guest soaps and cosmetics. And your contents insurance should cover both accidental and deliberate damage.


What can affect the cost of my guest house insurance?

Various factors can influence the cost of your guest house insurance, including the type of business you run, how many rooms you have, the services you offer, whether you have a licence to serve alcohol, and whether you employ staff. Your location and your claims history can also play a part in the amount you pay, as well as what kind of hotel and guest house insurance package you want to put together.

Am I legally required to have guest house insurance?

The only insurance you are legally required to have is Employer's insurance if you employ anyone. However, most lenders will only provide mortgages or loans if you have the right level of buildings and contents insurance, and a condition of any alcohol licence issued by your local council may require you to have Public Liability cover. Your financial advisor or insurance broker can help you work out precisely what you need to stay on the right side of the law and to ensure all your assets are protected, including your income.


What's the difference between a guest house and a B&B, and how does it affect insurance?

Typically, a B&B is smaller than a guest house, with fewer rooms and typically only offering breakfast, whereas a guest house may offer evening meals, have a licensed bar, and may employ more staff. Cover for a smaller B&B will be less, but due to the larger size of a guest house and the operational complexity compared to a B&B, higher levels of coverage may be required.


How much does guest house insurance cost?

Your insurance policy can cost as much or as little as you want, depending on the level of cover you want. The more cover you have, the higher your annual premiums will be, but bear in mind that the cost of not having the right insurance could leave you seriously out of pocket.


Why choose Park Insurance?

For over 30 years, Park Insurance has been the trusted insurance broker for the hospitality industry. We have a special affinity for this sector and understand the challenges our clients face on a daily basis. As a result, our brokers can fine-tune your business needs to fit your needs and your budget precisely.

To find out more about insurance for guest houses, call our team and talk to one of our expert advisors today, or click on the Get A Quote button for a free, no-obligation quote right now.

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Give us a call on 0117 301 8507 or click on the button below and we will be happy to contact you to discuss your needs.

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