Keeping guests content and relaxed is a top priority for hospitality workers. This means that problems might have a devastating effect on a company's bottom line. Because of this, establishments such as hotels, restaurants, and B&Bs must have robust insurance policies. Commercial insurance options tailored to the hotel industry are available via Semel risk consultants and Associates. Enough protection will allow you to concentrate on providing excellent customer service.
A definition of hospitality insurance.
There is no “hospitality insurance,” and no insurer would sell it as a separate policy. Instead, they'll acquire a company owner's insurance tailored to the hospitality industry's specific demands and covers various risks. Semel risk consultants can help you choose the best insurance policies to safeguard your company, whether you need commercial property or general liability insurance.
What kinds of protection do you offer?
Semel risk consultants offer comprehensive hospitality insurance to safeguard your business, whether you own a small hotel in western Quebec or a large family resort in Niagara Falls. Our knowledgeable advisors may determine the best protection for your specific requirements. Below are just some of the insurance options that every hotel and motel owner and operator should consider.
Insurance for Company Valuables
No matter the size, every hotel has treasures that must be protected. When that happens, having contents insurance for your company is a must. This insurance perk safeguards all of the valuables in your company. Equipment like computers, desks, shelves, and tools are all fixed assets. Under most policies, your belongings are insured against loss, theft, and vandalism up to the policy's stated limits. You may add to your insurance if you believe the standard contents coverage needs to be improved. Replacement cost coverage, flood insurance, and extended loss coverage are all available. It would help if you discussed with your insurance agency you need to get more protection.
