Petrol Station Insurance
Petrol stations and service stations are a unique and potentially risky business when storing fuel and servicing the public, it’s vital that you have a proper petrol station insurance in place. Get a great, low-cost petrol station insurance quote today!
Why get Petrol Station Insurance?
Service stations are uniquely risky environments. It’s not just the fact that there are large volumes of fuel on site, but the fact that they’re busy places where people come and go constantly throughout the day and night. Today we’re looking at the important things you should consider when getting service station insurance to cover your business. We can quickly compare over 40+ specialist filling station insurance policies to find the best cover, for the best price!
The unique risks of the forecourt
Whether it’s stored underground or in tanks or bowsers on the surface, it’s not hard to see why storing a large quantity of fuel is seen to constitute a higher level of risk for insurers. Fire, fuel leaks and pollution are all obvious hazards associated with forecourts – but the risks don’t end there.
With vehicles continually driving through, there’s always the risk that a car or lorry could damage your fuel pumps or forecourt canopy by driving into them. That means you’ll need a buildings insurance policy that specifically covers the different elements of your forecourt, from your tanks and canopy to the pumps and other equipment.
If your petrol station has a shop or ‘mini mart’, you’ll need cover for that, too – including for your stock, which would be costly to replace should it be lost, stolen or damaged. You’ll need stock insurance for your fuel as well and if you have extra facilities such as a cash point, car wash or tyre pump, these will also need to be covered by your service station insurance policy.
We’re A Leading Service Station Insurance Broker
At 1st Choice Insurance, our team will use their specialist knowledge of the filling station insurance market to ensure you get the cover you need at the right price. Your requirements for insurance varies according to your business situation but the main covers of a forecourt insurance policy can include:
• Accidental damage cover
• Products Liability
• Legal expenses
• Business Interruption / Loss of income
• Employers Liability
• Public Liability
• Personal accident
• Directors and Officers Liability
• Buildings premises cover
• Road risks
• Contents, Cash & Stock
Benefits of Forecourt Insurance
With the greater risks associated with a petrol station comes a greater risk to the members of the public who use it. That’s why it’s vital to take out additional cover within your filling station insurance policy, like public liability insurance, which covers you for accidents that cause injury to members of the public or damage to their property. For example, as the owner of a petrol station business, you could be held liable and sued for damage caused to a vehicle as a result of contaminated fuel. This is another example of how important forecourt insurance can be.
As an employer, you’re also responsible for the health and safety of those working for you. You’ll therefore be needing employers’ liability insurance if you employ any staff, as this will cover your legal fees and any compensation payments if they take you to court believing you to be responsible for an injury or sickness they’ve suffered while they’re working for you.
Get a Petrol Station Insurance quote
1st Choice are an independent commercial insurance brokerage with ‘Advisor’ status, which means we’re not tied to any specific insurance brands or corporations, so you can trust that when you come to us, our experts will offer you unbiased and professional advice on your service station insurance. Contact us today and we’ll help you to find the right forecourt insurance policy for your requirements. Complete our Get a Quote form and we’ll get back to you with a no-obligation petrol station insurance quote or alternatively, you can talk to one of our business insurance specialists by phoning us on 01743 770 500.