Hospitality Insurance

Hospitality encompasses a wide range of industries. Prime can provide a custom hospitality insurance plan for proprietors of hotels, casinos, and travel and tourism agencies as well as restauranteurs or bar operators who own one or several establishments. We also serve operators of various indoor or outdoor recreational facilities like golf courses, movie theaters, and amusement parks.

Depending on the policyholder’s unique needs and circumstances, a casino, hotel, or restaurant insurance plan may cover one or more of the following liability exposures:

• General liability (GL): A GL plan provides broad liability protection to third parties for injuries or property damage sustained on the policyholder’s premises. It can also cover advertising or reputational damage claims made against your client.
• Commercial auto: If your client’s company owns one or several vehicles for making deliveries, transporting patrons, or other business purposes, these policies can offer third-party liability coverage for accident-related injuries and property damage.
• Food liability: Food poisoning can happen even when a kitchen and serving staff follow every safety procedure and protocol. This insurance will protect policyholders if a patron becomes ill and decides to file a lawsuit.
• Business interruption: If a covered event causes a hospitality business to close temporarily, this insurance can help replace some of the lost revenue.

At Prime, we don’t believe that cookie-cutter restaurant or hotel insurance policies serve the best interests of every policyholder. We can offer an all-in-one policy that protects against the most urgent risks. You and your client can also select the coverage types and limits that make sense for their situation. Knowing they have protection against the liability issues that are most likely to impact their business will allow policyholders to sleep better at night.

Has an adverse claims history caused your client’s insurance provider to cancel or non-renew a policy? Are you having trouble finding new hospitality insurance for them elsewhere? At Prime, we specialize in these types of risks. As an excess and surplus lines entity, we can offer a host of creative solutions that are beyond the scope of our competitors. When another insurer says no, we can often say yes.

It’s crucial that any insurance partner can deliver when times get tough. Prime is a financially strong company you can trust. AM Best, a leading credit rating agency serving the insurance industry since 1899, has given us a rating of “A” (Excellent). We have the resources to pay a claim and related legal and defense costs up to the limits of the policy if necessary. You can choose us for your clients’ liability insurance needs with complete confidence.

Prime has also earned a Financial Stability Rating® of A” (A Double Prime), Unsurpassed, from Demotech, Inc. The most current Financial Stability Rating^® must be verified by visiting www.demotech.com.

We’ve made getting hospitality insurance from Prime a smooth, seamless process. Start by completing and submitting our straightforward online application. We’ll then contact you to set up a convenient phone call to discuss the risk in more detail. Once we’ve received all the information we need, we’ll issue a quote as quickly as possible.

Learn more about how a custom hospitality insurance plan from Prime Insurance company can protect your clients from a costly liability lawsuit. Contact us today at 1-800-257-5590 or quotes@primeis.com.