Hotels and motels are often the targets of lawsuits, with high-profile cases emerging every year. In the hospitality industry, you need insurance coverage to protect the financial health of your business. Hospitality insurance is coverage designed specifically for those operating in the hospitality industry, including hotels and motels. Your hospitality insurance must be tailored to meet the needs of your enterprise. You should have coverage for everything from a guest’s slip and fall accident, to fire property damage, security failures, and smoke inhalation injuries. A hotel or motel hospitality insurance package may include coverage for business property, business liability, business crime, and guest property. This insurance can help restore lost income and cover losses to equipment and materials, such as bedding, televisions, washing machines, and refrigeration units, caused by unexpected occurrences. Liability insurance can help protect your business against losses resulting from claims made by guests that they were injured or their property was damaged on your hotel or motel premises. This coverage helps protect you from losses resulting from wrongdoing by a third party, such as theft, vandalism, or robbery. If a guest has property lost or damaged while staying in your hotel or motel, this insurance covers your legal liability. The cost of your hospitality insurance will depend on the location of your business and the types and levels of coverage needed. Our local insurance agent at Donald J. Medeiros Insurance Agency in Fall River, Massachusetts, can design a package with coverage solutions tailored to meet the needs of your hotel or motel hospitality business.What Does Hotel & Motel Hospitality Insurance Cover?
Business Property Insurance
Business Liability Insurance
Business Crime Insurance
Guest Property Coverage
Cost of Hotel & Motel Hospitality Insurance
Donald J. Medeiros Insurance Agency offers free, comparative quotes on Hotel & Motel Hospitality Insurance from multiple insurance carriers so you can get the best possible rate.
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