What Kind of Insurance Do Hotels Need? A Complete Coverage Guide
- Nate Jones, CPCU, ARM, CLCS, AU
- 2 hours ago
- 2 min read
Running a hotel involves managing multiple risks—from guest injuries to property damage. Securing the right insurance coverage is essential to protect your investment, employees, and guests. This guide outlines the key insurance policies every hotel should consider.
Essential Hotel Insurances
This coverage protects your hotel against claims of bodily injury or property damage caused by hotel operations. For example, if a guest slips in the lobby, general liability insurance covers medical costs and legal fees.
Covers the hotel building, furniture, fixtures, equipment, and inventory against risks like fire, theft, vandalism, or natural disasters. This insurance ensures your physical assets are protected and operational continuity is maintained.
Required for hotels with employees, this coverage protects staff who suffer work-related injuries or illnesses. It helps cover medical expenses and lost wages while mitigating legal risks.
If your hotel uses vehicles for staff transportation, shuttle services, or deliveries, commercial auto insurance protects against accidents, property damage, and liability claims involving company vehicles.
Essential for hotels serving alcohol, this insurance protects against claims resulting from intoxicated guests, including property damage or bodily injury.
This coverage helps hotels recover lost income if operations are temporarily halted due to unexpected events like natural disasters, fires, or other insured perils.
Hotels handle sensitive guest data such as credit card information. Cyber liability insurance protects against data breaches, hacking incidents, and related legal liabilities.
An umbrella policy provides additional liability coverage beyond the limits of standard policies, offering extra protection against catastrophic claims or lawsuits.
Final Thoughts
Hotels face numerous risks, and having comprehensive insurance coverage is essential to safeguard your property, employees, and guests. Policies like general liability, property insurance, workers compensation, and specialized coverage such as liquor or cyber liability ensure your hotel remains protected. Partnering with Wexford Insurance helps tailor coverage to your hotel’s unique needs, providing peace of mind and operational security.
Contact us today.
FAQs
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