Restaurant insurance in Woking

Woking's skyline has filled with tall mixed-use towers, and many of its newer restaurants trade from the ground floors of modern blocks. Since the building-safety crisis, occupying a unit in a modern high-rise has come with an insurance dimension few anticipated.

Where the risks come from for Woking restaurants

Where a modern block has building-safety or cladding issues, the cost of insuring the structure, arranged by the freeholder or management company, has in many cases risen sharply, and that cost is passed to the commercial tenants through the service charge. The restaurant's own cover then has to sit cleanly alongside the block policy.

A Woking example

A restaurant in the base of a Woking tower finds the block's buildings insurance, and so its service charge, has climbed steeply as the building's safety status is worked through. Its own policy needs to cover its fit-out, stock, liability and business interruption, dovetailing with the block cover rather than duplicating or missing it.

What restaurant insurance covers

A restaurant in a modern block insures its fit-out, stock, liability and business interruption, while the block policy covers the structure, and knowing exactly where one ends and the other begins avoids both gaps and wasted premium. The interruption cover matters as much as the property.

Placing it in Woking with Apex

We read the block policy alongside the restaurant's own, so a unit in a modern tower is covered without overlap or gap. Apex arranges Woking hospitality cover through one named broker. Regulated by the FCA; established 2009.

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