Insurance for Hospitality Industry Brisbane

Whether you’re starting a new café, restaurant or food truck – or you’re an experienced operator, we are your go-to when it comes to insurance for the hospitality industry Brisbane.

Insurance Web is your local business insurance brokers with extensive experience in the hospitality industry, based out of Strathpine on Brisbane’s northside.

Keep reading to find out what insurance requirements you need to be aware of – or get in touch by phone 1300 800 091 or enquire online here.

Small Business Insurance for Hospitality

Small business insurance shouldn’t be a cookie cutter approach – each industry has its nuances and specific requirements, including hospitality! And failure to pay close attention to the fine print could end up costing you thousands.

So, here’s what you need to know.

Hospitality Insurance Checklist

As standard, if you own or run a hospitality-based business you should consider the following insurance policies:

Public Liability
Property/Theft
Business Interruption
Machinery Breakdown incl Stock Loss
Motor Vehicle
Management Liability
Cyber Insurance

Hospitality Insurance Policies

Here are the four (4) main things that insurers will rate and determine your hospitality liability premium on:

Annual turnover
Number of staff in the business
Number of seats available to patrons (the size of restaurant)
Previous claims history

Hospitality Insurance Risk Factors

Don’t be surprised if, when looking for hospitality insurance, that insurers ask to see your policies and procedures on how you manage risk. This typically includes:

Commercial kitchen fire safety
Public and customer safety
Cash handling procedures
Physical and electronic security

EXPERT TIP: Having written documentation around risk management factors can significantly impact whether an insurer will cover you, and in some cases, what your premiums will end up being.