Insurance for wine bars, cocktail bars, sports bars, and many others
Giving you a full range of covers to protect your bar business
With The Insurance Octopus arrange the right business insurance for your bar is simple – we’ll look to personalise and tailor cover to meet the needs of your business ensuring your bar insurance policy contains only the cover you need. Our policies are designed to allow you to add, remove, increase or decrease all areas of your insurance policy. With the help of our insurance specialists, you’ll be able to put together a bespoke insurance policy, with all the essential cover you will need in one simple business insurance policy.
As a bar owner, you won’t want to worry about the possible loss, damage or theft from your premises, or expensive claims as a result of an employee or customer being injured within your premises. Working in a profession that could result in potential risks means that a personalised business insurance policy for your bar will keep you financially protected.
What your bar insurance policy includes
Public Liability cover for bars
Public Liability cover protects you if one of your customers is injured, or their property is damaged. This type of insurance protects you against the cost of repairs or any legal proceedings that may be filed against you. Standard levels of cover are available from £1m to £5m, with additional levels of cover available upon request subject to terms and conditions.
Employers Liability insurance
If you have one or more employees then by law you are required to have employer’s liability insurance. This protection comes with a standard £10m liability limit and will protect you as the employer against claims from your staff should they be hurt when working for you.
Product Liability Insurance for your bar
Serve food or drink? Then product liability insurance can be there to meet the costs of defending claims and compensation payouts from injury or illness claims allegedly caused by the products you sell. With cover available up to £5m.
Bar stock & contents cover
Contents cover can protect trade contents, stock, customer goods, staff and customers personal effects, fixtures and fittings, computer and electronic business equipment. Malicious damage and theft can also be included.
Buildings cover for bars
Buildings cover can protect the building if you own the property.
Loss of Licence cover
An optional extra, Loss of Licence covers you for loss of your licence due to a circumstance outside of your control.
Personal Accident cover
This optional cover protects you should you be injured whilst working and will help for a specific period of time that you are unable to work. The policy cover does carry limitations and restrictions, and can cover up to five employees. Personal Accident cover can be used as an employee benefit.
Further optional add-ons include deterioration of stock, business interruption, legal expenses, theft by staff and more are available – get in touch to find out more.
Benefits of having bar Insurance
Mix people and alcohol and on occasion you’ll have problems. Bar insurance provides a blanket of cover to protect bar businesses from a variety of risks such as theft, arson, loss of license or food poisoning. Everyday risks can also be associated with natural causes which could result in your business temporarily being incapable of operating.
At The Insurance Octopus, we cannot stop any of these unfortunate events happening, but we can help you find a business insurance policy that provides the right financial protection for your bar.
Types of bars we cover
No two bar venues are the same, so we understand that each bar has a unique need and requirement when it comes to insurance. So whether you’re a sports bar, wine bar or even a tequila bar our bar insurance experts are available to help you navigate through a wide range of policy covers to find the perfect insurance package to protect your bar business.
Business interruption cover for bars
When considering taking out a policy, you might consider taking out an additional cover called business interruption insurance. Bars can benefit greatly from this add on cover compensate the business for the loss of income that it’s suffered as a result of an insured disaster.
Why choose The Insurance Octopus for Bar Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we offer up to £5 million worth of public liability cover for bars - with more available upon request.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
An expert who knows your industry
We'll connect you with an agent who is an expert in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.
Bar Insurance FAQ's
Get the answers you're looking for
Is employer’s liability insurance required for bars?
If your bar has one or more employees, by law you need to purchase employer’s liability insurance. The insurance will protect your business from any claims made by the staff which may injure themselves or become ill during their time working for you. This is set to a standard level of £10m, which should be a sufficient amount of cover you in the event an employee makes a claim which results in a large settlement figure, please note higher limits are available as required.
Should I get loss of licence insurance?
If there is a circumstance outside of your control which results in you losing your licence to sell alcohol, loss of licence insurance will provide the cover you need. A bar selling alcohol requires a licence by law, so if the licence was revoked it would have a detrimental impact on the business. The loss of licence insurance is an optional extra, designed to address the reduction in turnover and the costs incurred during the process of regaining a licence.
Can I protect my money while in transit?
A money insurance policy will provide cover when cash is being carried to or from the bank by a business owner or one of their employees. It will also provide sufficient cover for storing a small amount of cash at home or on the business premises, both within and outside of normal business hours. The cover often extends to include personal assault cover to the business owner or member of staff if injured during a robbery.
How bar & wine bar insurance works
Examples of Bar Insurance in action
A slippery situation
A bar owner found himself facing legal action after a customer slipped near the door of their bar on a wet day. Unfortunately, no warnings were in place to inform customers of the potential danger. The customer took legal action against the bar which went against the owners and left them liable for a payout of £15,000 to the customer. Fortunately, the owners had Public liability insurance in place, which covered the cost of a payout that could have forced them to make staff redundancy and scale back their plans for growing.