Hotel Insurance

Insuring Your Hotel

Underwriting Managers for Hotels is a highly competitive insurance and risk management solution for hotels and hotel management companies. At Hailey Insurance, we understand the complex risks faced when operating a hotel. Our tailored insurance solutions are designed to protect your investment and provide comprehensive coverage across multiple operational aspects. We proudly serve the Greater Baton Rouge area.

hotel insurance

Key Features

The Underwriting Managers for Hotels program provides:

  • Access to Multiple Insurance Companies: At its core, the program offers access to multiple insurance companies, ensuring that we can find the best fit for your specific situation. We utilize a highly competitive rating structure to allow us to offer premium protection at attractive rates.
  • Enhanced Coverage Forms: These go beyond standard policies, extending to outdoor properties such as golf courses, tennis courts, trees, and bridges. This broader protection ensures that all aspects of your hotel property are safeguarded.
  • Catastrophic (CAT) Capacity: We provide added catastrophic (CAT) capacity, offering an extra layer of security for large-scale, unexpected events.
  • Access to large deductible and SIR alternative structures: We also offer access to large deductible and Self-Insured Retention (SIR) alternative structures, providing flexibility in how you manage your risk and potentially reducing your overall insurance costs.
  • Flexibility to handle management companies with M&A properties: our program is designed with the flexibility to accommodate management companies dealing with mergers and acquisitions (M&A) properties. This adaptability ensures continuous coverage during transitions and changes in ownership or management.
  • Risk Management services: we offer specialized Risk Management services tailored specifically for lodging operations, helping you proactively identify and mitigate potential risks in your day-to-day operations.

What Our Coverage Offers

At Hailey Insurance, we provide a comprehensive suite of coverage options tailored to the unique needs of the hospitality industry. Our Underwriting Managers for Hotels program offers the following key coverages:

  • Property Coverage: We offer robust property protection with limits of up to $750 million per location. This coverage safeguards your physical assets, including buildings, contents, and business personal property. It also typically includes protection against perils such as fire, theft, and natural disasters.
  • Crime Insurance: Our crime coverage protects your business from financial losses due to criminal activities. This includes employee dishonesty, forgery or alteration, theft of money and securities, and computer fraud.
  • General Liability: This essential coverage protects your business from third-party claims of bodily injury, property damage, and personal and advertising injury. It's crucial for protecting your hotel from common risks associated with guest interactions and public spaces.
  • Commercial Auto:For hotels operating vehicles or providing valet services, our commercial auto insurance covers liability and physical damage for owned, non-owned, and hired vehicles used in your business operations.
  • Liquor Liability: If your hotel serves alcohol, this coverage is vital. It protects against claims arising from alcohol-related incidents, such as over-serving patrons or alcohol-related injuries on your premises.
  • Cyber Risk & Privacy Liability: In today's digital age, cyber protection is crucial. We offer coverage with limits up to $2 million to protect against data breaches, cyber-attacks, and privacy violations. This includes costs related to notification, credit monitoring, and potential legal expenses.
  • Umbrella Liability: For additional peace of mind, our umbrella liability coverage provides extra protection above and beyond your primary liability policies, with limits available up to $50 million. This coverage kicks in when the limits of your underlying policies are exhausted, offering an extra layer of security for major claims.

Who We Cover

Whether you operate a single boutique hotel or manage a diverse portfolio of properties, Hailey Insurance's Underwriting Managers for Hotels program is designed to provide comprehensive protection tailored to your specific needs. The Underwriting Managers for Hotels program provides all lines of coverage specifically for:

  • Boutique Hotels: Our coverage is tailored to protect these smaller, often independently owned establishments with their distinctive character and specialized amenities.
  • Hotel Management Companies: For companies overseeing multiple properties, we offer solutions that address the complex risks associated with managing diverse hotel portfolios.
  • Premier and Full-Service Hotels: Our program caters to high-end and full-service hotels, providing coverage that matches the breadth of services and amenities these establishments offer.
  • First Class Lodging: We cover upscale accommodations, ensuring protection that aligns with the high standards and expectations of luxury travelers.
  • Fractional Ownership / Rental Pool Properties: Our coverage extends to properties operating under timeshare or fractional ownership models, addressing the unique risks associated with these arrangements.
  • Country Club / Golf Course Operations: For hotels with integrated country clubs or golf courses, we offer specialized coverage to protect these valuable amenities.
  • Restaurant / Lounge: We provide coverage for on-site dining establishments and bars, including protection against food safety and liquor liability risks.
  • Conference Facilities: Our program covers event spaces and conference centers, protecting against risks associated with hosting large gatherings and business events.
  • Full-Service Salon / Spa: We offer tailored coverage for hotel spas and salons, addressing the specific liabilities of personal care services.
  • Fitness Center: Our insurance solutions extend to on-site gyms and fitness facilities, covering equipment and potential injury risks.
  • Pool / Beach: We provide coverage for aquatic facilities, including swimming pools and beach access areas, addressing safety and liability concerns.
  • Retail Store / Pro Shop: For hotels with on-site retail operations, our coverage protects against risks associated with selling goods to guests and the public.
Hailey Insurance

Risk Management Services

Our risk management services are designed to not only protect your hotel but also enhance its operations and safety standards. The Underwriting Managers program features a risk management service provider enabling insureds with Enterprise Risk Management (ERM) tools and access to:

  • Expert Underwriting: Our underwriters average over 15 years of experience in hospitality and lodging risks, ensuring deep industry knowledge and tailored solutions for your hotel's unique needs.
  • 24/7 Claim Reporting: We offer around-the-clock claim reporting accessibility via web, phone, or fax, ensuring that you can report incidents promptly and efficiently at any time.
  • Specialized Loss Control: Our team of lodging specialists includes loss control consultants with more than 15 years of experience in multi-location and resort property exposures. They provide invaluable insights and recommendations to mitigate risks specific to the hospitality sector.
  • Industry-Leading Best Practices: Drawing from over 7,000 hospitality loss control visits, we've developed a robust set of best practices to help you minimize risks and optimize operations.
  • Financial Stability: We provide access to carriers rated "A+" by A.M. Best, offering you the peace of mind that comes with financially stable and reputable insurance partners.
  • Safety and Emergency Preparedness Resources: Through our partnership with the Red Cross, we offer superior risk control resources, including award recognition programs for lifesavers, discounted safety products and training, and comprehensive emergency preparedness planning.

Why Choose Hailey Insurance?

Choosing Hailey Insurance means partnering with a trusted expert in commercial and hospitality insurance. Since our founding in 2003, we have expanded our services to clients across over 15 states, offering customized insurance solutions tailored to your specific needs and budget. Our commitment to affordability includes various premium discounts based on factors like your Workers' Compensation history and building condition.

We Prioritize Your Financial Security

By collaborating with carriers rated A (Superior) or higher by A.M. Best, ensuring prompt and fair claim handling. With comprehensive protection that covers everything from property damage to liability issues and catastrophic incidents, Hailey Insurance provides the peace of mind you need to focus on growing your business. Choose us for a reliable, tailored insurance experience that puts your needs first.

We Offer Affordable Solutions

Because we believe quality insurance should not break the bank. Our programs feature various premium discounts based on your businessโ€™s unique characteristics, such as your Workersโ€™ Compensation history and the age of your building. This approach helps you save money while remaining protected.

Donโ€™t Leave Your Business Vulnerable

At Hailey Insurance, we are dedicated to providing hotel owners with the comprehensive protection they need to thrive in a competitive industry. Let us help you safeguard your employees and your customers with tailored insurance solutions designed specifically for your business.

Contact us today at (225) 296-0858 to learn more about how Hailey Insurance can protect your hotel and give you the peace of mind you deserve!

"Can not say enough good things about this company! You can tell they really care about their clients. They really took the time to make sure that all of our needs were met and are always happy to answer my many questions. Their response time is also unbeatable."

- Megan Mackay
Omni Physical Therapy, Baton Rouge, Louisiana