Are you a venue owner on the hunt for quality insurance?

From working in the industry, you’ll know that there is a wide range of events out there, with different venues dotted all over towns and city centers. Even so, all these venues vary and are ideal for unique atmospheres. So, which business do you own?

Knowing this classification is essential when it comes to grabbing the insurance you need. After all, different venues will have different insurance costs. Luckily, here at KEL Insurance, we strive to provide you with a competitive quote, expert knowledge, and clear communication so that you can be confident in your coverage.

Read on to discover more!

Nightclubs 

Nightclubs are night-time entertainment venues that host the wildest and loudest atmospheres of almost all sites out there. Consisting of a dancefloor, light show, and a stage for a DJ or live musicians, this venue requires adequate floor space and electrical connections to transform into a full-blown party. Nightclubs are perfect for those seeking wild Friday nights, students who love to dance, hen do groups, and stag night parties. If you own a nightclub – or are considering buying one – note that they generally pose the highest risk, meaning that insurance costs will be higher than other venues such as lounges, bars, and taverns.

Live Music Venues  

A live music venue is used for any live musical performance, including concerts. They can vary in size and location – for example, this could be a vast indoor sports stadium, but it could also simply be a small coffee shop hosting a folk music show. Since the size and risk of this venue can vary, so can the insurance costs. Generally, different venues host different types of music, so it’s worth considering what kind of place you own. Live music venues are perfect for those who appreciate particular music tastes, want to enjoy a vibrant atmosphere at the weekend, or are trying to seek like-minded people.

Cocktail Lounges

Cocktail lounges are public rooms where cocktails and other alcoholic drinks are served. Usually placed in a club, hotel, or restaurant, you can find comfortable atmospheres where you can converse clearly with friends and enjoy uniquely blended drinks. Some cocktail lounges may hire DJs or musicians to play at their venue, although there isn’t typically a designated dancefloor. This means that these venues are ideal for more sophisticated nights out, especially if you want to experience a girls’ night or a romantic date. As a place that generally hosts a calm ambiance, you can expect insurance costs to be lower than higher-risk events.

Sports Bars

Sports bars cater particularly to sports fans, containing several televisions showing sports and frequently decorating the venue with sports memorabilia. Usually, sports bars provide a food menu, including delicacies such as burgers, chips, pizzas, and sandwiches. Televisions can generally be viewed from any seat and often play different channels. These types of bars are perfect for those who love sports, seek a reasonably relaxed atmosphere to enjoy a quiet drink, or want to embrace the excitement of significant events like the World Cup. At KEL, we can offer you quality insurance rates on sports bars, especially as they are much lower risk than nightclub venues.

Taverns/Saloons

A tavern is a business where customers gather to enjoy alcoholic beverages, classic pub food, and accommodation. This type of venue has a license which enables them to put up customers as lodgers, meaning that cleanliness is always the highest priority in these places. This is a place to relax after a hard week at work, meaning it’s perfect for those wanting to converse with friends, unwind, and even have a place to stay for the night. Out of all the venues listed, taverns generally pose the lowest risk due to their quiet atmosphere. This will benefit your insurance costs, which will typically be lower than if you owned a nightclub or other lively bar.

What KEL Insurance can offer you

As you can see, different venues provide different services for their customers. While you’ll find alcoholic beverages at all of them, other factors can determine how high or low the insurance for your specific venue will be. Consider the features we’ve mentioned above and buy your insurance with complete confidence from KEL Insurance.

At KEL, we can provide your nightclub or bar business with quick responses to texts, emails, and calls, annual remarketing for competitive quotes, access to specialized hospitality programs, and conveniently tailored financing plans. With over 20 years of experience servicing hospitality venues, you can put your trust in us to complete the process efficiently and affordably.

Click here to visit our company website and indulge yourself in a top-quality service today!