Finding the correct hotel insurance policy is not always straight forward. Recently many insurers have been increasing the amount of exclusions on hotel insurance policies, to avoid larger claims.
As your broker, our job not only is to ensure that you are covered correctly, but also to ensure that as a client, you understand what insurances you require, and what insurances you are most likely to claim on.
We have compiled data regarding what insurances you are likely to claim on, and what the most common causes of these claims are.
Get yourself a hotel insurance quote today, just enter your details below, or call us now on 1300 859 381.
What you need to know about Hotel Insurance
Running a hotel or motel can be tough at times and understanding the appropriate insurance policies you’ll need can be quite confusing. Making sure you’re insured for the right things is essential.
Some of the main claims in the hotel and motel industry stem from a high fire risk with the extreme potential for total loss. This makes business property and business interruption very valuable when it comes time to claim, as this will keep your profits coming in whilst building a new hotel or repairs are taking place.
Public liability insurance is a must when it comes to the longevity of your hotel or motel especially when there’s a place of eating, as this could increase the risk of burns and / or food poisoning. If you’re having trouble understanding the insurances associated with running a hotel or motel, please call our office on 1300 859 381.