Hotel & Motel Insurance in Minnesota

Hotel, motel, inn, and lodging-property owners can face insurance concerns involving guest injuries, fire, water losses, business interruption, employees, pools, property, and cyber exposures. Understanding those exposures makes it easier to compare policies on more than price alone.

Insurance options can vary considerably between companies. Maverick Risk Partners can help clients in Minnesota compare available policies and review important differences in coverage, limits, deductibles, eligibility, and exclusions.

Why Is Hotel & Motel Insurance Important?

Hotels and motels operate around the clock and combine real estate, guest services, employees, payment systems, and sometimes pools, restaurants, meeting rooms, or shuttle vehicles. Insurance should reflect the actual amenities and operations at the property.

The goal is not simply to purchase a policy with the lowest premium. It is to understand the exposures involved and select insurance that fits the individual, property, vehicle, or business as closely as possible.

Hotel & Motel Insurance Coverage Options

The appropriate coverage depends on the specific situation. Options may include some of the following protections.

Commercial Property Insurance

Property insurance may help protect buildings, furnishings, equipment, and other insured hotel property.

General Liability Insurance

General liability may help with covered guest injuries and third-party property damage claims.

Business Income Coverage

Business income coverage may help replace certain lost revenue and continuing expenses when a covered property loss interrupts operations.

Equipment Breakdown Coverage

Coverage may help with certain sudden failures involving HVAC, boilers, electrical systems, elevators, or other covered equipment.

Cyber Liability Insurance

Cyber insurance may help with certain costs associated with data breaches, payment-card incidents, ransomware, and other covered cyber events.

Hotel & Motel Insurance FAQs

What insurance does a hotel or motel typically need?

Hospitality businesses may need property, general liability, business income, workers’ compensation, cyber, equipment breakdown, commercial auto, and other coverage based on amenities.

Does hotel insurance cover guest injuries?

General liability may help with certain covered injuries involving guests, visitors, pools, walkways, common areas, or other premises exposures.

Can hotel insurance cover lost income after a fire?

Business income coverage may help replace certain lost revenue and continuing expenses when a covered property loss interrupts operations.

Do hotels need special coverage for pools, restaurants, or alcohol service?

Yes, those amenities can create additional exposures. Liquor liability, food-related liability, pool risks, events, and other operations should be disclosed.