Insurance in the hospitality industry is unique to each individual business. Hotel insurance is no exception and must be tailored to your individual needs to ensure your business has the comprehensive protection it requires.
The risks associated with running a hotel are extensive and have the potential to impact the business’s ability to trade, leading to large financial loss. Ensuring your business is safeguarded against all eventualities is essential for business continuity.
As a hotelier, you are responsible for the wellbeing and safety of your guests as well as your employees, and must ensure that all your trading activities are protected with comprehensive insurance.
If a guest were to fall down the stairs and sustain an injury, then you may be liable to pay compensation awards. Hotel insurance can help protect your livelihood against these financial exposures and public liability cover would pay any damages awarded to the claimant, as well as any legal costs and medical expenses associated with the claim.
Similarly, as part of your cover, employers’ liability insurance can protect your employees should they injure themselves at work. Accidents in the kitchen can be common, including burns and cuts, and as stringent as you may be with health and safety, sometimes these things can’t be avoided. Employers’ liability can protect your business against awards for damages as well as any legal expenses incurred.
Liability insurance covers these unexpected events, meaning you can focus on creating a warm and welcoming environment for your visitors and staff.
Whether you have a handful of guest rooms, or multiple rooms from single occupancy to family accommodation, your buildings, contents, fixtures, fittings and stock will also need to be protected against property damage and unforeseen circumstances. If you were to suffer a fire or a flood at the premises for example, you may find this interrupts your business meaning you are unable to trade. If you were to suffer damage at the premises from an insured event, business interruption insurance can protect your income, staff wages and expenses while you get back up and running.
Understanding the fundamental risks that your business faces requires expert knowledge of the industry and advisors that are willing to go the extra mile to ensure you get the cover you need. That’s where we come in.
We have many years’ experience sourcing insurance for hotels, and have gained a thorough understanding of the exposures you face and the protection you need.
Call our insurance advisors today to arrange your insurance and protect your livelihood or arrange a call back for a time that’s more convenient.