The industry of hospitality is a specialized one, with special needs regarding insurance. If you are the owner or proprietor of a motel, hotel, bed and breakfast etc. then you’re going to need special coverages that other types of insurance simply don’t offer. This is where, among other insurance types, hotel liability insurance comes into play. If you’re curious about what this type of insurance covers and protects, please read on for the answer.
#1. Furniture
There is a lot of furniture in your average hotel. Couches, beds, nightstands, entertainment centers, just to name a few. So, hotel liability insurance will protect any furniture that’s vandalized or otherwise damaged. Whether that’s a result of a fire that breaks out in the building, severe weather that damages the furniture as well as the windows, or some other kind of natural disaster, hotel liability insurance will see that you are properly compensated for your loss. Depending on the amount of furniture damaged, it might not cover the entire cost of replacing it, but it will take a sizable chunk off the amount you have to pay.
#2. Electronics
We live in an ever increasingly electronic society, so of course, liability insurance has long since spread to covering electronics as well as its plans. The electronics in a hotel range from televisions, to telephones, to intercoms, radios, and more. These are all expensive in their own right, should they be damaged by vandalism or natural disaster, but stack the price tags on top of each other, and you have a potential financial disaster. Luckily, all electronics used in hotels are covered by liability insurance, so should any damage come to a room’s electronics, you shouldn’t have anything to worry about.
#3. Medical payments
With any job there comes some risk of injury, and with what’s asked of the staff of even a local hotel, let alone a massive chain hotel franchise, accidents are inevitable. Someone could trip and fall a flight of unforgiving concrete stairs; someone could touch something super-hot in the kitchen and give their hands third – degree burns, etc. If there’s any reason to get liability insurance, it’s this.
If you want to know where you can get hotel liability insurance for a good price, look up Boardwalk Insurance Group.
