Hotels: $54MM Industry Calls For Insurance

March 30, 2018

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No matter if you are a homebody or an avid traveler, you will probably agree with me that hotels are everywhere.

hotel Hotel insurance, hotel, travel, commercial insurance, professional liability insurance, Rick Cline, All Access Insurance, Littleton, CO, Colorado, property, casualty, vehicle, broker, insurance broker, insurance, protection, claim, vehicle insurance, commercial, workers compensation, business insurance, commercial insurance, local agent, Colorado Insurance Broker Agent, building insurance, liability insurance, commercial auto insurance, winter, roof, driving, roads, premiums, deductibles, claim, business owner, The Hartford If you look around there are a lot of hotels in the market. You can drive down any main Colorado throughway in your town and see several hotels to choose from.   A great referral for us, is the person that manages the budget of that hotel, generally the General Manager.   We have partnered with The Hartford to provide insurance specifically for hotels.   I can only imagine all the liability risks in operating a hotel. Think about it like this...if you had 20-100 guest stay at your house, what all could go wrong? A lot. Especially when people don’t take the hotel stay as seriously as they might staying in their own home. On top of just daily incidentals, there is plumbing, electric, gas, structural infrastructure, laundry areas, food prep or complimentary breakfast areas, shuttle services, security and cash handling.   There are many segments in the market that will continue to grow as the population in your area grows. Hotels are one of them. In fact, it is a $54MM industry.   Our Hotel Insurance coverage covers: Independent and Franchise Hotels with interior guest room access Minimum of 3 years in business New purchase if the owner has at least 3 years ownership of another hotel Standard underwriting guidelines apply to restaurant operations and any other on-site services offered Incidental shuttle service for airport and local business drop offs Small commercial total payroll of <$2MM   Making it easy for customer to have the coverage they need remains one number one job.   Keeping you protected,   Rick   All Access Insurance in Littleton, CO,  who represents multiple insurance companies as a “Broker” and provides products for auto, home,  commercial, workers compensation, and much more!   Call us today for a free quote at (303) 932-1700