- Workers’ Compensation Insurance protects your hotel from loss if a worker is injured while performing their duties on your property
- Medical insurance is required if you have more than 50 employees who work full-time
- Business insurance is necessary to protect the building and property from loss and to pay for any liability claims which may arise
How Can We Help Your Business?
Hotels require a special insurance package just for them. They must protect their employees, customers and real property while meeting all legal and industry requirements. Hotel insurance includes liability coverage to protect the business from incidents that can happen, such as workers’ compensation for injured workers and unemployment insurance if a staff member must be let go.
General liability protects the hotel if a guest is injured on the property or they suffer personal property damage. If the hotel offers shuttle service, they may need commercial auto coverage to protect them if a collision should occur. Many hotels have restaurants and bars inside, which will also need to be insured for liability if a guest becomes ill from food or drink. Cyber insurance can protect your hotel if the list of guests and their private information is compromised through a system breach.
Besides protecting your business from liability claims, you also want to insure it for damage from natural disasters, guest misuse and other conditions. You will need coverage for all the furnishings and equipment in the hotel so that it can be replaced or repaired. In a severe situation, your hotel may need to close until repairs have been made. You can get business interruption coverage which will provide income for your regular expenses until the hotel is open again.
You may need coverage to protect you from theft and other illegal activities engaged in by employees or guests. This type of insurance repays you for your loss so that can continue to operate.
