Cover for your building, business contents, stock or specified items for events such as flood, fire, storm, impact, lightning, explosion, and earthquake.^ Also included is the cost of removing debris, and rewriting of records.
Know you're covered
Benefits of insuring with GIO
Whether you are a sole trading barista, small takeaway shop or multi-store restaurant business, GIO Business Insurance can provide multiple coverage options, to provide cover for your retail hospitality business.
What is hospitality insurance?
Hospitality insurance is a type of business insurance which can be designed for small businesses in the accommodation and food services industry, such as cafes, restaurants, pizza shops, and more. GIO Business Insurance provides cover for public and products liability, theft, equipment breakdown, business interruption, and other types of insurance.
Who is hospitality insurance for?
GIO has designed products for small businesses operating in hospitality including:
- Small businesses with a fixed premises such as cafes, restaurants, takeaway shops such as fish and chip shops and sandwich shops, and juice bars. See below to learn more about 'GIO Retail Business Protect'.
- Mobile businesses operating on the road, such as caterers, food trucks, coffee trucks and ice cream vans. Cover for these types of businesses is based on vehicle type (e.g. food trucks under 5 tonne carrying capacity), and any modifications and accessories. See below to learn more about 'GIO Mobile Business Protect’.
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After entering your details, we can show you a range of covers that may be available to your business.
What can hospitality insurance cover?
If your business relies on a vehicle, you can choose from three types of cover for each vehicle you insure:
Comprehensive cover: provides cover for accidental damage to your vehicle as well as the cover offered by legal liability cover
Legal liability, fire and theft: provides cover for loss or damage to your vehicle for fire and theft only and cover for third party property damage
Legal liability: provides cover for third party property damage only.
Covers we offer
Flexible cover to suit your needs
Get a tailored hospitality insurance quote
After entering your details, our application will show a range of covers that may be suitable for your business.
*A small business, having in the case of a non-manufacturing business, less than 20 employees; or in the case of a manufacturing business, less than 100 employees.
^The content on this page in respect of flood cover under the property damage section applies to policies with a start date on or after 7 December 2023. We do not insure you for flood, bushfire or grass fire in the first 72 hours of commencing a new policy or adding property damage cover. Cyclone damage within 72 hours of commencing the policy is also not covered. Limited exception. Refer to the PDS for details.
Insurance issued by AAI Limited ABN 48 005 297 807 trading as GIO. Read the Product Disclosure Statement before buying this insurance. The Target Market Determination is also available. This advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it.
Frequently asked questions
If you run a hospitality business, like a café or restaurant, Hospitality Insurance may help cover costs for which you’re liable in the event of injury or property damage connected with your business. For example, if someone slips in your store or something you sell causes illness, providing your claim falls within the policy terms and your claim is accepted, it can help with these costs.
Public Liability relates to third party injury or third party property damage whilst you’re on the job, and Products Liability relates to injury to third parties or damage caused by any products you distribute, supply or manufacture.
Each business is different, and as such has different needs when it comes to insurance. However, you may want to keep in mind what contracts you work on, and the conditions of your licence when making a decision.
There are a few scenarios not covered by Public and Products Liability Insurance, for example pollution, asbestos, and product recalls.
Cover for theft of your contents, specified items and stock. Cover is not provided for theft of contents in the open air.
Covers loss or damage to glass that you own or for which you are legally responsible at your business premises, the cost of temporary shuttering, replacement of sign writing, cost of replacing any window tinting film and the cost value of stock and contents spoiled by the broken glass.
Covers loss of money at your business premises during and outside of business hours. Cover is also provided for money lost during transit, whilst in a safe or strongroom or in custody at a residential premises. The policy does not cover loss of money due to accounting or clerical errors or theft by staff.
Provides cover for reduction in turnover or revenue if your business is interrupted due to an insured event such as fire, burglary or storm damage. Reasonable claims preparation costs and increased cost of working are included as extra covers.
Public and Products Liability cover
Cover for your legal liability for personal injury, damage to third party property, and/or advertising liability if it occurred in connection with your business.
Portable and Valuable Items
Cover for portable and valuable items such as mobile phones, laptop computers and tools of trade that you usually carry around with you in the course of your business. Cover is provided for accidental loss or damage to portable and valuable items worldwide. Cover limit up to $2,500 applies per item unless the item has been specified for a higher value.
Covers you for professional fees (such as accounting fees) associated with a tax audit or investigation of your business’s tax affairs by the ATO or Government agency. Tax Probe cover provided depends on whether you select Business Audit only, Business and Directors Audit or Individual cover.
Commercial Motor Vehicle Insurance offers three types of cover for your business vehicles:
- Comprehensive cover: provides cover for your vehicle as well as third party property damage
- Legal liability, fire and theft: provides cover for your vehicle for fire and theft only and cover for third party property damage
- Legal liability: provides cover for third party property damage only.
(Not available online)
Covers the cost of repairing or replacing your insured equipment due to a breakdown at your business premises. Cover is also provided for any direct loss or damage to insured property as a result of the breakdown. Deterioration of stock, restoration of computer data and increased costs of working are optional covers available for an additional premium.
Personal Accident & Illness
(Not available online)
Business insurance not only can provide cover for damage to physical assets, but can also offer Personal Accident & Illness cover to business owners and staff named on the policy schedule. There are 2 types of cover:
- Accident only
- Accident & Illness
Goods in Transit
(Not available online)
Provides cover for loss or damage caused to goods you sell, buy or use in your business when they are in transit. There are 2 types of covers:
- Specified perils: includes collision, fire and explosion
- Accidental damage: includes specified perils and accidental loss or damage
(Not available online)
Covers the management liability of you, your directors, officers and employees. Optional cover for Employee Dishonesty is also available for an additional premium.
Speak to a GIO Business Insurance consultant