Prince Edward Island's
Hotel Insurance Specialists
When it comes to working in the hospitality industry, you are opening yourself up to a wide variety of risks that are very different from the risks that those working in other industries face.
Guests come to stay in hotels for a number of different reasons. Some people come for pleasure while on vacation and a looking to escape the hustle and bustle of their everyday lives. Other people come while they are own business and need a place to stay while they are getting the job done.
Regardless of the reason why people come to stay in your hotel, you have a major responsibility as the owner of the establishment. It is up to you to provide each and every one of your guests with the safest and most pleasurable experience that you possibly can. With the help of a trusted insurance agent like Peake & McInnis, you will have the ability to do just that by keeping your property, your staff and your guests protected with the best hotel insurance policy that your money can buy.
Hospitality Often Leads to Liability
There are a large variety of liability risks that the owners of hotels are faced with on a regular basis. By having the right type of hotel insurance policy on your side, you will be able to protect the financial health of your business efficiently. Some of the various types of hotel liability coverage options that are available include:
General liability – You will definitely need this most basic type of liability coverage included in your hotel insurance policy. It will provide you with protection against any property damage or injuries received by your guests while on the property of your hotel.
Commercial auto liability – A large number of hotels provide shuttle or limo services for their guests. If the vehicles that are used to transport your hotel guests are owned by the hotel, then you will need liability coverage that meets the state minimum requirements.
Liquor liability – If you have a bar in your hotel or offer alcoholic beverages to your guest through room service, you will need to invest in liquor liability coverage. This will protect you if one of your guests becomes inebriated, which leads to property damage or bodily harm, either to themselves or another person.
Food-borne illness liability – A hotel that includes a restaurant on the premises or provides room service to the guests needs to invest in food-borne illness liability coverage to be protected against claims of salmonella, E. coli or other contaminates that may make your guests ill.
Premises pollution liability – A hotel that is contaminated by airborne pollutants, such as mold spores that makes guest sick will need this type of liability coverage to help cover the cost of medical bills, punitive damages and the cost of cleanups.
Cyber liability – If your computers or data management systems are tampered with and criminals are able to gain access to your guest’s private information, you will be responsible for providing your guests with credit monitoring services and other expense related to the breach.
Employment practices liability – You will need this type of coverage to protect your hotel against any claims that are brought against you by employees.
In addition to making sure your hotel is protected from liability claims, you also need to make sure that your property and your assets are adequately protected as well. General property coverage, equipment breakdown coverage, business interruption coverage, crime coverage, food spoilage coverage and utility interruption coverage are all types of insurance with which you need to concern yourself.
Running a hotel can be a difficult task all on its own. With all of the things that are already happening on a day to day basis, you should not have to concern yourself with the unexpected things that can happen at any time. Instead, you need to take the time to set up the right type of hotel insurance coverage that will protect you in the event that something does go wrong.
You do not want to wait until it is too late to find out if you have the right level of hotel insurance coverage or not. Instead, go ahead and secure the future of your business right now. All you have to do to get started is take just a moment to click on the quote request button. In just a small amount of time, you will be able to see just how affordable the right hotel insurance policy can be. Then you will be able to get on with all of the other tasks that need you attention to keep things running smoothly.