Service stations have a unique set of insurance needs due to their elevated risk. We can arrange comprehensive cover to protect your business against fire, theft, malicious damage, machinery breakdown and other risks, so that you can rest assured that your business is protected. Small and independent service stations can access bespoke cover tailored to their budget, which includes fire, goods in transit, glass, burglary and cash-on- site cover as well as public liability, product liability, employers’ liability and legal costs if required. This allows service station owners to tailor their insurance policy to meet the specific needs of their business.
Business Insurance policies can be tailored to include cover for Tobacco & Cigarettes, Alcohol, Pollution Liability, Electronic & Machinery Breakdown and multiple other exposures.
When it comes to insuring your petrol station, it is important to review your policy at least every 6-12 months. Working with an insurance broker can help ensure that you are properly covered and that all areas of risk are taken into account. Common areas of underinsurance include Gross Profit (Business Interruption) and asset values (building, stock, and contents). Insurance policies may also contain clauses such as the ‘Average’ or ‘Co-Insurance’ clause which can reduce claims in proportion to the amount of under- insurance. Petrol station owners may pay higher premiums due to perceived risk factors such as construction, fire prevention, security measures, location and size of operation.
In order to save money on petrol station insurance premiums, there are a few preventive measures that can be taken against potential hazards. Maintaining a good claims history and demonstrating proactive protection measures can help lower premiums.
Our policies are tailored to the needs of full service station sites, commission/franchise operators, and third-party leaseholders. We understand that petrol station owners must create a safe and secure environment for their customers, employees, and business.
That’s why we arrange comprehensive coverage for service stations, protecting them from a range of risks.
We can also review the insurance requirements under your lease agreements to ensure you are insured correctly.
Service station owners looking for a competitive quote on their insurance renewal can turn to Global Insurance Solutions. We understand the unique needs of service stations and are able to provide tailored solutions that meet their budget requirements.
Talk to us today to discuss your business insurance requirements, We offer straightforward advice that will result in peace of mind for you, and a business insurance package that keeps your business covered from all angles. Get in touch by calling
