How to Get Hotel or Motel Business Insurance for Your Hospitality Property
- Feb 18
- 2 min read
Owning a hotel or motel comes with unique risks, from guest injuries to property damage. Securing the right hotel or motel business insurance is essential, but many hospitality property owners wonder where to start. Here’s a step-by-step guide to help you get proper coverage and protect your investment.
Step 1: Assess Your Risks
Before contacting insurers, evaluate your property and operations. Consider:
Number of rooms and facilities (pools, gyms, conference spaces)
Employee count and roles
Location-specific risks like flooding, storms, or earthquakes
Guest liability exposures, including slip-and-fall incidents or recreational activities
A clear understanding of your property’s risks helps determine the types and limits of coverage you need.
Step 2: Identify the Types of Coverage You Need
Hotels and motels typically need a combination of policies, including:
General Liability Insurance for guest injuries or property damage claims
Property Insurance to cover buildings, furniture, and equipment
Workers’ Compensation for staff injuries, required in most states
Business Interruption Insurance to protect against income loss during closures
Optional coverages such as cyber liability, liquor liability, or equipment breakdown
Knowing what policies you need will make it easier to get accurate quotes.
Step 3: Research and Compare Providers
Not all insurers specialize in hospitality. Look for companies familiar with hotel and motel operations. External resources like the American Hotel & Lodging Association offer guidance on reputable insurance providers for the hospitality industry.
Compare coverage options, policy limits, deductibles, and customer service ratings to ensure you choose a reliable insurer.
Step 4: Gather Documentation
Insurance providers will request details such as:
Property address and description
Annual revenue and occupancy rates
Safety protocols and maintenance procedures
Employee numbers and payroll
Having this information ready speeds up the application process and ensures accurate quotes.
Step 5: Request a Quote and Customize Your Policy
Contact an experienced insurance provider to discuss your needs. Policies can be tailored to your property size, services, and risk exposure. Working with an expert ensures you aren’t underinsured or paying for unnecessary coverage.
If you own a hotel or motel, request a free quote from Wexford Insurance to get customized business insurance designed for hospitality properties. Protect your investment, guests, and employees with coverage that meets your unique needs.
