We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that dates on the Forum are not currently showing correctly. Please bear with us while we get this fixed, and see Site feedback for updates.

bed & breakfast insurance

I am planning to run a small traditional bed&breakfast from my own home, letting one bedroom to maximum 2 people.   I cook them breakfast and they have a bed & bathroom for the night.  My insurance premium has tripled and my current provider will no longer cover me.   The insurance is going to cost 3 months of income in a business which is 6 months of the year only.   I only seem to be able to find a one size fits all package.   There must be thousands of similar businesses to me - what are they doing for insurance, or perhaps nothing ...?  The main cover I feel I need is liability.   Any advice ?

Comments

  • DullGreyGuy
    DullGreyGuy Posts: 15,746 Forumite
    10,000 Posts Second Anniversary Name Dropper
    A quick google shows you can get PL only for somewhere in the £100-£200 mark if you say thats the risk you want to insure. If thats 50% of your annual revenue it sounds more like a hobby.

    Other option would be if its done via AirBnB I believe they include the PL as standard.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.4K Banking & Borrowing
  • 252.1K Reduce Debt & Boost Income
  • 452.4K Spending & Discounts
  • 241K Work, Benefits & Business
  • 617.3K Mortgages, Homes & Bills
  • 175.7K Life & Family
  • 254.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.