Bed and breakfast insurance can help to keep a dream business safe


A B&B can be a highly rewarding home business, but ownership comes with very specific risks.

Many people dream of opening a B&B and just as important as a perfect location and customer experience is the right bed and breakfast insurance.

Many owners begin a B&B as the first business they have ever run and misunderstand the importance of coverage.

There is often a far greater focus on trying to keep up with daily tasks, advertising effectively, and bringing in enough money. It’s not uncommon for B&B owners to assume that because they already had coverage for the building – such as their homeowners insurance, if it is in their own home – that they already have the bed and breakfast insurance they require. That said, in the vast majority of cases, this could not be further from the truth.

Many municipalities and townships have by-laws requiring a B&B to carry, at the very least, additional liability insurance coverage. That said, a savvy owner will also want to look into other types of policy as well. This can help them to be sure that they won’t suffer a preventable loss that could cause them financial devastation…Read more>>