IComprehensive Insurance Products
As an innkeeper, you likely have a wide variety of insurance needs. Browse this page to see the nuanced insurance products we can provide. If you don’t see a specific product listed that you’re looking for, reach out to us to see if we can help.
Business Continuation Coverage
Buy-Sell Life
Insurance
A buy-sell contract is an agreement between each principal that spells out that in the event of a principal’s death they will sell their interest back to the other principal’ (s) for a predetermined amount. A buy-sell agreement is commonly funded by a life insurance policy.
Key Man Life Insurance
Key Man Insurance is a life insurance policy owned by the business of an employee. In the event of the employees’ death, the life insurance proceeds would provide the funds necessary to find a qualified replacement.
Loss of Income and Extra Expense
Loss of Income is a type of insurance that provides income in the event a business losses income due to a loss by a covered peril (i.e. fire). Most loss of income coverage lasts for 12 months after the loss.
Loss of Use Insurance
Loss of use coverages helps pays expenses for your family to live elsewhere while the inn is being repaired in the case of an insured loss. Typically, this type of coverage is not included in a commercial policy.
Property Insurance Products
- Antiques—appraised value
- Buildings—detached structure, docks
- Business Personal Property—appliances, furniture & inventory
- Commercial Automobile—road & off-road
- Earthquake—landslide available
- Flood—NFIP & private market
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Historic Properties—agreed value, ACV and
replacement cost - Homeowner's Policy
- Horse Stables—Barns
- Inland Marine—generators
- Mechanical Breakdown—Equipment breakdown/ Boiler and Machinery
- Personal Automobile—road & off-road
- Personal Property—appliances, furniture & scheduled collections
- Solar Energy—tower, panels, and battery bank
- Watercraft—inboard & outboard
- Vacation Rentals
Liability Insurance Products
- Business Insurance
- Commercial General Liability—CGL
- Crime—internal and bank fraud
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Cyber/ Data Breach—forensic, restoration &
restitution - Directors and Officers—for-profit & non-profit
- Employee Liability—1st and 3rd party discrimination
- Guides Services—city guides, backpacking, fishing & hunting
- Host Liquor Liability—liquor license not required
- Liquor Liability—liquor license required
- Non-Owned/Hired Auto
- Personal Liability—insureds personal exposures
- Spa Services—massage, mani-pedi & wax
- Umbrella/ Excess Liability—follow form to CGL, liquor & workers comp
- Water Sports—boat, canoe, kayak, & water trampolines
- Workers Compensation—recommended where not required