6 Hospitality Insurance Options For Hotels And Restaurants

​Hotels and restaurants are businesses in the industry of hospitality. Running any business will come with a risk. Here are the types of insurance to ensure your business is protected if it encounters a great loss.

1. Public Liability Insurance
   This insurance will save your restaurant if anyone is harmed or hurt on their property, or if the property itself was badly affected because of your business or things happening on your property. In addition, if a customer’s belongings are damaged, the insurance can cover it as well.
   
   
2. Wine Bar Insurance
   This insurance will ensure the repair costs are covered when rebuilding your bar when natural disasters such as fire, flood, and other environmental damages occur. It can cover up to other pub utilities such as stocks, money, and even pool tables.
   
   
3. Guesthouse Insurance
   It is a distinct insurance type that saves bed and breakfast, guesthouse, hotel, and restaurant owners from unwanted damages or loss caused by their customers and other third parties. It includes license loss, stock deterioration, property damage from all the food preparation and electrical appliances running all at once, and burglary from direct exposure to effects of liquor.
   
   
4. Live Music Venue Insurance
   This insurance policy provides a wide range of cover that is tailored to satisfy the requirements of every music venue. The inclusions of this policy are 
   
   Business interference -  saves you from losses resulting against losses incurred due to a business entity violating relations with another party.
   
   Property and material damage - protects you from possible damages or loss to physical business assets such as business contents and other equipment against loss or damage. 
   
   Business profits -  protecting cash going into your business
   
   
5. Cafe Insurance
   Coffee shops have a unique set of hustles. Nonetheless, cafe insurance covers safety against big disruptions caused by fire and flood at cafe premises, reassurance of cafe machines including stocks and materials, and gives you peace of mind in case of spillage that may lead to equipment damage.
   
   
6. Assault and Battery Liability Insurance
   This insurance dispenses liability if clashes happen around the premises. Clients are harmed during bar fights, when anyone gets mugged while leaving your club, or when patrons are badly affected by the violence they witnessed. 

Hospitality Insurance Gives You Peace of Mind

At Desmond Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (859) 491-5100. Get your free quote today by CLICKING HERE. Coverage discussed in this article is not guaranteed. Please chat with one of our agents to understand your coverage and make sure your needs are met. We are happy to help!