Restaurant insurance in Newton Abbot

Newton Abbot, a Devon market and racecourse town, has restaurants and caterers whose trade can lean heavily on a single big customer, a racecourse contract, a corporate client, a regular function booking. Depend on one customer, and its troubles become yours.

Where the risks come from for Newton Abbot restaurants

A restaurant or caterer that relies on one major customer or contract is exposed if that customer suffers damage, closes or fails, the trade tied to it can disappear, even though nothing has happened to the restaurant itself. It is a business-interruption risk that sits in the customer, not the premises.

A Newton Abbot example

A fire at the premises of a Newton Abbot caterer's main contract customer ends the trade that business depended on, and its income falls sharply. Business interruption extended to the failure of a key customer responds to the lost trade, a loss the restaurant could not otherwise recover.

What restaurant insurance covers

Business interruption can be extended to cover the failure of specified key customers, not just damage to the restaurant, closing a gap for a business reliant on one big contract. It works alongside the property and liability covers.

Placing it in Newton Abbot with Apex

We look at what a restaurant's trade actually depends on, key customers included, and arrange the interruption cover to match. Apex arranges Newton Abbot hospitality cover through one named broker. Regulated by the FCA; established 2009.

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