If you’re looking for the best Hotel Insurance in the United States, Exceed is a leading insurance agency that offers the best custom Insurance coverage for hotels. We have offices based in Indianapolis and Sacramento. Get in touch with us for more details!
Hotel insurance typically does not refer to a single type of coverage capable of addressing all risks and exposures. Rather, insurance for hotels may refer to a package of policies that, when combined, create a sufficient safety net across many common incidents.
Each of the hotel insurance policies includes premiums, and as long as you keep up with your payments, you can retain access to critical financial assistance that may help limit your out-of-pocket losses following a covered incident.
Starting and managing a hotel or motel business demands a massive investment in terms of property and the contents within the business. With such an investment, it becomes equally important to ensure that the business flow is uninterrupted and smooth.
At Exceed Insurance, we understand your insurance needs and offer tailor-made Hotel Insurance Coverages to give your hotel the protection it requires.
As a core pillar of the hospitality industry, hotels may provide valuable services and commodities to vacationers, business travelers and those needing short-term living accommodations. However, welcoming guests to your business’s premises includes many risks and exposures. Even the most experienced hotel operators and employees may eventually be responsible for an accident or other incident that results in significant financial losses. With this in mind, acquiring and maintaining a versatile hotel insurance portfolio should be prioritized.
Although exact insurance coverage needs may vary, the following types of hotel insurance may be advisable investments:
Your hotel may require additional hotel insurance policy depending on its features, operations and other unique characteristics. For example, if your hotel includes a bar or uses motor vehicles, liquor liability insurance and commercial auto insurance coverages should be considered essential.
As a hotel, your property may include many valuable items and commodities. With guests regularly entering and exiting your premises, and while having to account for inherent risks that may affect all physical businesses regardless of industry or size, your hotel insurance portfolio should thoroughly address losses involving your property.
Fortunately, commercial property insurance, also known as property business insurance, can provide critical financial security for your business’s assets and belongings. In response to many common perils, such as fires, lightning, theft, vandalism and hail, commercial property insurance may help your hotel recoup losses involving the following:
In many cases, windstorms, floods and earthquakes are not included in standard commercial property insurance policies. If your hotel is in a location at risk of these incidents, you should seek to augment your coverage accordingly.
For over two decades, the dedicated staff at Exceed Insurance has worked with businesses, families and individuals to establish and maintain optimal hotel insurance coverage solutions. Our agents will work with your hotel to analyze its circumstances and assemble an insurance portfolio capable of providing robust financial protection.
Contact us today and get a personalized quote as per your business requirements.
For over two decades, the dedicated staff at Exceed Insurance has worked with businesses, families and individuals to establish and maintain optimal coverage solutions. Our agents will work with your hotel/motel to analyze its circumstances and assemble an insurance portfolio capable of providing robust financial protection. Contact us today to get started.
Exceed’s hotel insurance is available for everyone, no matter where you are in the United States.