Buildings Insurance
If you have purchased a catering property, insure the reinstatement value. This way you protect your business against major damages.
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Protect your hospitality property from damage
Have you purchased property for your hospitality business? Then damage from a major fire, leakage, burglary or storm can cause your premises to be completely or partially rebuilt. You can properly insure the property against damage with building insurance for your hospitality business.
You can take out this insurance separately or as part of the KHN Security Package. You can put together your own KHN Security Package and it insures the most common risks in the hospitality industry.
Frequently Asked Questions
Do I need building insurance in the hospitality industry?
After substantial damage from fire, burglary, storms, water or a collision, for example, you often cannot pay the rebuilding costs all at once. This is where building insurance comes in, so you can repair or rebuild your building. With building insurance you insure the rebuilding value of your building (excluding the land).
Thus, this insurance provides your company with additional livelihood security.
What does building insurance cover?
Insurance covers damage to the property itself, such as from fire, storms, water damage, burglary or vandalism.
Note that for contents (such as kitchen equipment, furniture, tap installation, etc.) you need a separate inventory and property insurance required.
What are possible consequences if your hospitality property is damaged?
- After closing time, unfortunately, you cannot intervene quickly and considerable damage can occur;
- Your hospitality property needs to be completely or partially rebuilt;
- The cost of rebuilding a property, you often cannot afford to pay for it all at once.
How can KHN Insurance help me?
Every hospitality business is unique! We are therefore happy to advise you and discuss together which coverage best suits your hospitality business in a personal consultation. We can also help you compare different insurance policies.
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