Off licences often have a unique set of hazards that standard insurance policies may not protect. We arrange bespoke insurance policies that offer extensive cover for all your needs.
We’re passionate about helping off licences like Your Convenience Store in Barrowford, Lancashire (pictured above) protect their shops. With access to a selection of UK insurers, we feel we are in an ideal position to be able to offer you a comprehensive insurance package, to suit your business needs. Please see the table below for some of the standard covers our insurers typically offer.
Please note we are unable to offer quotations to businesses located in Northern Ireland.
Book debts/account receivable
Money in safe
Money on premises
Public and products liability
Goods in transit
Loss of licence
Loss of rent receivable
Premiums from as little as
50% of our off-licence customers paid less than £702.10 per annum.***
You might not want to think about the worst happening, but as a business, it is important to mitigate any risks to your business. This is especially true when you run an off licence as it carries its own particular set of risks.
Business insurance can protect your business from a variety of possible situations; and offers a wide range of covers.
One of the most common covers is public liability, which provides cover for your liability for injury or damage to third parties. Another important cover is employers liability, covering you for your liability should any of your employees become ill or injured as a result of working for you. Off licences should also ensure they are protected by loss of alcohol licence cover. This can provide you with cover if you happen to lose your licence through no fault of your own.
To find out more about the right kind of insurance for your needs, please make sure that you speak with a broker. They can help you evaluate what type and level of cover you require for your business.
About the Off Licence Industry
Unlike other retail stores which sell alcohol, off licences cater for the specific needs of this market. They may be specialists in world wines, beer, or spirits and the place to go when we need advice for a special present or dinner party.
Often, they are more than just sellers of alcohol; they can provide tobacco, snacks, and other essentials too.
If you do decide to open a small, niche off licence, or perhaps a larger chain store in a franchise, you will need to take the time to research into the appropriate licences that you should have and the legislation affecting your chosen business, to ensure that you are operating legally.
You will find that there are time restrictions in place for selling alcohol, and of course, you should always remember to check the identification of anyone whose age you are unsure of.
* Please click here to view our pricing disclaimer.
** Standard and optional cover may differ dependent upon insurer.
*** Data compared from 62 policies sold in 2020.
Frequently asked questions
Wouldn’t go anywhere else! I have used smei for many years. I always get reminded when it’s that time again. I have always found them to be very helpful and they do try to get you the best deal.Morag Ross
Quotes from well-known and specialist insurers, including: