When operating a cafe in Sydney there will be a range of business insurance types required.
One of the most important is public liability, and that is the one this article will focus on.
Some of the topic we’ll be looking at include what the policy covers, how much it costs and why it’s important for your cafe.
What does it cover?
Public liability insurance will cover your cafe business in the event that your business activities result in property damage or personal injury to another person.
A common potential claim for a cafe is the classic ‘slip and fall’. If a customer was to slip or trip in your cafe and suffer an injury, you could be found liable for their costs.
Another potential claim which is less common, but still worth knowing about, is that of coffee and hot drink scalds and burns.
If you were found to be liable and responsible in any of these cases, your public liability insurance policy would cover the costs of a claim against you and your business.
What are the costs?
The cost of public liability for a cafe in Sydney will generally be quite low, especially when included in your overall cafe insurance package.
In terms of what will impact upon your costs, generally it is a case of the larger the business the more expensive the premium will be.
The insurer will look at factors such as the number of staff, your annual revenue and the number of seats in your cafe when determining your premium.
Why do cafes need it?
It’s all about protecting yourself and your business from the costs of a claim against you.
If you are found to be responsible for someone’s loss and therefore liable to pay their costs, the money involved can be huge.
A small claim for a customer who has sprained their ankle whilst in your store may not send you broke, but if that client was to suffer a serious back injury which affected their ability to work then you could be up for hundreds of thousands.
Whilst a typical cafe owner in Sydney may not have a spare couple of hundred grand laying around, your insurance policy can cover you for anywhere from $5 million to $20 million.
Get a quote
To get a quote on your insurance please complete our public liability quote request form.
You have worked hard to build your cafe business, so don’t risk not having the right cover in place.