Hotels and motels provide a place for travelers to rest and recharge, and are also used as conference venues. Because of this nature, there is a high possibility of unexpected accidents occurring due to the large floating population, so it is very important to have the appropriate insurance coverage to protect your business.
When choosing hotel or motel insurance, it is important to check not only the premium but also the coverage provided. Typically, premiums are calculated based on a number of factors, including the presence of a swimming pool, in-room cooking facilities, elevators, and room rates.
Types of businesses covered:
Boutique hotels
Franchise hotels
Conference centers
Resorts
Private hotels
Hotel or motel coverage options include: Here are some examples:
Business Property Insurance
General Liability Insurance
Business Crime Insurance
Guest Property and Valuables Coverage
Liquor Liability Insurance
With these different insurance options, hotels and motels can protect their businesses from the unexpected.
