Restaurant insurance in Edinburgh
Edinburgh's restaurants live through an extraordinary August, when the Festival fills the city and a huge share of the year's trade is done in a few frantic weeks. Everything rides on that peak going smoothly.
Where the risks come from for Edinburgh restaurants
For a restaurant geared to the Festival, a fire, flood or closure in August is not a bad month, it is a lost year, striking exactly when the takings that carry the business are made. Ordinary business-interruption cover, based on an average month, badly understates what is at stake.
An Edinburgh example
A serious escape of water closes an Edinburgh restaurant for the middle two weeks of August, at the height of the Festival, costing it the peak trade the whole year is built around. Business interruption cover, set to reflect the Festival peak rather than an average, replaces the profit those weeks would have made.
What restaurant insurance covers
Business interruption sums insured and indemnity periods must reflect a restaurant's real earning pattern, and in Edinburgh that means the Festival. It works alongside the buildings, contents, stock and liability covers.
Placing it in Edinburgh with Apex
We size business interruption to how a restaurant actually earns across the year, Festival peak and all. Apex arranges Edinburgh hospitality cover through one named broker. Authorised by the FCA; established 2009.
Related
- Public liability insurance Edinburgh
- Employers liability insurance Edinburgh
- Commercial vehicle insurance Edinburgh
- Business insurance Edinburgh
Get the right commercial cover, placed by a named broker
Tell us about your business and we’ll place it on the specialist market — or leave your number and a named broker calls you back, usually the same working day.