Why A Good Hotel Insurance Package is Crucial
Great hotels create a unique experience for their guests, one they may remember for years. The staff work hard to create a welcoming environment, and there is a lot of detail that goes into all of the amenities. With hundreds of guests passing through a building daily, it’s imperative that the hotel has a sufficient insurance package. Liability hotel insurance may not be a topic at most customer service trainings, but it’s necessary for any fiscally responsible hotel or resort.
Hotels Offer a Variety of Vulnerable Situations
Insurance specialists can offer hotel insurance that deals with everything from high end resorts to airport hotels catering to business travelers. Hotels have many needs for insurance coverage. From meeting rooms, dining rooms, bars, elevators, pools, parking lots, along with financial and contractual side of the business, there are many ways people might attempt to claim damages, whether from a guest or an employee. That’s why there are a wide variety of policies, including the following:
- General liability
- Liquor liability
- Data breach liability
- Employment practices liability
Not too many businesses have to deal with vehicles, people under the influence of alcohol, property crimes, and identity theft, among other issues.
Double-check your Insurance Package
A hotel manager would be wise to contact their insurance provider annually to check the extent of their policies. There could be details that the original insurer overlooked. Any area that could be vulnerable is something to examine and consider in the light of better hotel insurance policy coverage. It’s not a fun part of the hotel business, but a necessary part in an age where people are trigger happy about litigation.