Amusement Arcade Insurance from Prosura
As an amusement arcade or Family Entertainment Centre (FEC) operator, you work long hours in a noisy, hectic environment. As a result of this, you have to make sure all the machines are up and running, manage a lot of cash, ensure staff rotas are up to date and manage appropriate stock levels and your team spend all day keeping members of the public happy.
Getting the right type and levels of insurance is critical, particularly because you operate in a sector with high levels of regulation. But, it needn’t be a headache. Given that, we strive to offer friction free expert advice on your insurance. Therefore, you can get on with the real work.
What do you need to consider when buying Arcade Insurance?
- Loss of License cover
Your requirements will depend on a number of factors, starting with whether you operate an Adult Gaming Centre (AGC), or a licensed (FEC) or unlicensed Family Entertainment Centre (UFEC). However, where you serve alcohol or operate betting machines, you have significant regulatory pressures. Losing your license would hugely impact on your revenues and it can happen so easily. Subsequently, Loss of license cover protects you from your loss of income.
- Public Liability Insurance
Whatever category of Amusement Arcade you operate, your biggest threat is probably your customers – members of the public. Whether you’re dealing with over-excited children running around or a short tempered customer whose just lost £200 on a slot machine, there’s always a significant risk of damage to your business property, or a claim being made against you.
- Employers Liability Insurance
Employers Liability Insurance is a legal requirement – even for part time and casual workers. Operating in the leisure sector, it’s likely that you use seasonal workers. So, making sure you have the right level of cover is vital.
- Equipment Breakdown Cover
Your machines are your livelihood. Break downs or damage, however caused, means reduced income. And they can be expensive to repair or replace. We can include cover that protects you from costs and gets your machines up and running as quickly.
- Money cover
As an amusement arcade business, its likely that at any time you have significant amounts of cash on the premises. Therefore, we will help you assess your exposure and arrange appropriate levels of cover.
- Business premises and content
Whether leased or owned, you’re going to need to insure your premises. Where leased, its likely to be a condition of your contract. If mortgaged, your mortgage provider will insist on cover being in place and if you own outright the building is likely to be one of your largest assets. For that reason, it makes sense to have appropriate cover in place in case of a flood or fire, or even just vandalism means you need to repair or rebuild.
Why choose Prosura to arrange your Arcade Insurance?
We’re here to let you get on with running your business by providing friction free access to expert advice and high quality insurers. Our broking team boasts years of experience placing insurance for amusement arcades.
We also give all our Arcade Insurance Clients free access to PROSURA Digital Lawyer, saving them hundreds of pounds a year on Legal Fees.
For your arcade insurance needs, contact the specialist brokers at Prosura today.
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