Your Hotel will need business insurance tailored to its services in order to stay out harm’s way. Every aspect of your service exposes you to a certain amount of risk. Customers can have their property stolen from their room, equipment failure, which can destroy your perishable inventory which could cause food poisoning, making you legally liable. As with any business, the right insurance policy can make a difference in how well a company is run. Hostetter Agency Inc. has developed close relationships with our insurance carriers, allowing us the ability to design the best insurance & risk management program for the Hotel industry.
We have the ability to write specifically designed packages designed to fit the needs of Hotels, Motels and Bed and Breakfast establishments, our hotel insurance policies typically cover
- Property – Flood (clean-up expenses), earthquake, wind, crime, builder’s risk, business interruption, boiler and machinery
- Casualty -General liability, business auto, excess liability, liquor liability and umbrella coverage.
- Workers compensation- provides insurance coverage for medical expenses, a portion of the worker’s salary, rehabilitation costs and death benefits. For Hotel employees in case of injury on the job.
- employee dishonesty coverage- Insurance against an employee theft or crime and can help you recoup losses if an hotel employee steals anything from you or a patron, or if a disgruntled employee vandalizes or damages your hotel/motel or its contents. You can also protect your inventory with burglary and robbery coverage
Making sure that all safety codes are met and maintained can lead to lowering your premiums. As a hotel owner and operator you strive to give customers an enjoyable stay and Hostetter Agency Inc. agrees that your biggest priority should be running your Aberdeen Maryland hotel or motel. We can help our clients focus on managing their business by giving them a cost effective insurance policy with the correct amount of coverage tailored to meet the ever evolving needs of the hospitality and leisure industry.
A Maryland Insurance Agency offering Hotel Insurance policies in Aberdeen,
Baltimore, Columbia, and Germantown Maryland.