Hospitality Insurance

6
Jan

How Can Event Insurance Policy Minimize Your Liability Exposure?

For your event to succeed, there are certain preventive measures you have to implement beforehand. For example, everyone’s safety at the venue should be a top priority. However, unforeseeable mishaps can still occur despite your meticulous planning. Keep reading to understand how event insurance can protect you against liability. What Is Event Insurance? Event insurance is a form of general

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30
Dec

The Basics of Hospitality Insurance Coverage for Hotels and Motels

According to National Fire Protection Association (NFPA), the U.S. fire department responds to about 3,520 structure fires in hotels and motels every year. Besides fire, the hospitality industry faces many more hazards, ranging from generic hazards such as trips and falls to more unique hazards such as liquor liability. If left unchecked, these hazards can lead to huge losses and

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22
Sep

5 Important Benefits of Hospitality Insurance

Hotels, restaurants, and taverns offer what is referred to as hospitality services. These types of businesses incur additional types of risk over and above what other businesses do. Hospitality insurance policies are written to cover these unique risks and help businesses protect themselves from financial loss if an accident occurs. Hospitality businesses incur a variety of unique issues, including food

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7
Jan

Why Contactless Check-in Might Be the Future of Hospitality

One of the hardest-hit industries during the ongoing COVID-19 pandemic is the hospitality industry. Many hotels are struggling to stay afloat due to the major decrease in the amount of travel around the world. This drastic reduction in income has caused many staff members to lose their jobs or become furloughed. As a result, there are serious questions regarding the

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29
Oct

Does Your Hotel Have Hospitality Insurance Coverage for These Risks?

Hoteliers know that there is plenty of risk in their industry. Hotels are exposed to multiple varied risks because they have a lot of property, welcome in many guests, and often employ a large workforce. For many good reasons, it is essential to secure the right hospitality insurance that covers common risks. To help you understand your highest exposures and

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13
Aug

Why Purchasing Hospitality Insurance is Important

Business owners know that – at any time – they could be held liable for virtually anything and everything. This is even truer in the hospitality industry. A business could be named in a lawsuit for an accident that occurred off the premises or even if they were only vaguely connected to the actual establishment. For this reason, it is

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18
Dec

Protecting the Hospitality Industry Against Gas Hazards

For restaurants, bars, and cafes, getting a bad Yelp review or unfavorable local social media buzz can cut into the flow of business and the potential for new customers to come in. From undercooked food to rude wait staff to claims related to slips and falls or burnt tongues, no restaurant can afford bad press. But when it comes to

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20
Nov

The Importance of Products/Completed Operations Coverage in the Hospitality Industry

It’s a restaurant owner’s worst nightmare: someone eats at their establishment, a day or two goes by, and they have a reaction to something they ate and/or drank. All the customer has to do is trace it back to the time they spent at that eatery and then file a costly claim for food poisoning. For restaurant and hospitality clients,

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13
Nov

Addressing Staffing Issues in the Hospitality Sector

Three are many indicators that point to a strong or surging economy. One of those is when Americans are packing their bags and hitting the road, air, or seas for travel and trips around the country or globe. And while this is great for everything from hotels to restaurants to tourism spots in travel destinations, it’s putting a hinder on

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COVID-19 UPDATE:

At RMS and associated firms, business continues as usual. Our staff is remote-capable and available to handle all partners, brokers, and insureds at the present time. Contact us today!