Hotel and motel insurance: property, general liability, liquor, crime, and business income coverage for independent and franchise lodging properties in Califor…
Hotel and motel insurance addresses a complex intersection of property, liability, and hospitality exposures. Property exposure includes not just the building and contents but the systems that make a hotel function — elevators, HVAC, pool and spa equipment, commercial laundry, and kitchens for food …
Crime coverage can include theft of guest property from rooms. California's innkeeper liability statute limits hotel exposure for guest property if the hotel maintains a proper safe and posts required notices. Coverage for guest property claims is im…
Business income reimburses lost revenue and continuing expenses when a covered property loss forces rooms out of service. For a hotel, BI is based on actual average daily rate and occupancy. A good BI policy covers the full restoration period includi…