Property Insurance: This covers damage or loss of physical assets, including the building, furnishings, and equipment. It protects against perils such as fire, theft, vandalism, and natural disasters.
General Liability Insurance: General liability insurance protects against claims of bodily injury or property damage that occur on hotel premises. This coverage can be crucial in the event of guest accidents.
Business Interruption Insurance: Business interruption insurance provides coverage for lost income and ongoing expenses if a covered event, like a fire or natural disaster, forces the hotel to temporarily close.
Cyber Liability Insurance: As hotels rely on digital systems for bookings and guest information, cyber liability insurance safeguards against data breaches and cyberattacks.
Employers Liability: This coverage is essential for hotels with employees, as it provides benefits to workers who are injured or become ill due to their job.
Loss of License Insurance: Loss of licence insurance protects against losses from having your alcohol licence revoked and cover costs and expenses incurred when applying to regain it.
Flood Insurance: If your hotel is located in a flood-prone area, flood insurance is a must to protect against water damage.