Petrol Station Insurance in the UK
If you are the owner of a petrol station building or require cover for the Building & contents, it is essential you get the correct level of cover.
Insurance for Petrol Stations can be for the building only, where you can have cover for all standard perils (such as Fire & theft) and your legal liability to the public. The standard Property Owners Liability is £2 million and can be increased to £5 million if required. The liability section of a buildings only policy will cover you for your legal liability to the public & third party property damage – think of strong winds dislodging a tile from your building and damage third party property, such as a customer’s car, or worse injuring someone in the forecourt.
This is why a buildings policy is essential if you are the owner of the building and renting the premises our or, trading from the premises. If you are trading from a petrol station you may well require a buildings and Contents policy. This would cover the building and contents, such as the stock, fixtures & fittings, Property Owners Liability & Employers Liability if you have any employees. Employers Liability is essential for Petrol Station businesses and will provide cover for your employees up to £10 million. If is often a requirement of many mortgage companies that terrorism cover is included as part of any buildings insurance policy.