Hospitality public liability and contents insurance is a market that drifts. Premiums creep, exclusions creep, and your broker is incentivised to leave you on the existing book.
The five-year reset
Every five years, regardless of how good the current premium feels, ask three brokers to quote your venue from scratch. Provide the same risk profile (cover amounts, claims history, sub-limits, excess) to all three so the quotes are comparable.
The expected delta
10–25% premium reduction is the common outcome. Smaller venues see more. The cost is 2–3 hours of your time once every five years.