Protecting your income is a vital part of any business any guest cancellations can play a role in reducing income that was though to have been guaranteed.
Guest cancellations can be very frustrating for guest house owners, especially if it happens with short notice.
Luckily this peril is covered with most guest house insurers, provided that the cancellation is due to an event beyond the control of the guest (volcanic ash clouds for instance). Death or illness in the family, flight delays and cancellation of a big sporting event would also be covered under this section.
If you are unsure whether your guest house insurance is correct Incompass would be delighted to discuss your insurance needs and provide you with a free quotation based upon your specific circumstances.