June 10, 2011
by Mark Schneider
As you have been seeing, I have been going over a lot of programs, that we write through Philadelphia Insurance. They have a full line of great commercial and business insurance products. One of them being motel and hotel insurance. Philadelphia Insurance Companies specializes in the Hotel Industry. We understand how to provide a flexible and comprehensive insurance program for risks all across the United States. Lets take a look at the product they offer for hospitality. All information was provided through phly’s website.
Benefits of the Program
- Crime, Boiler, and all property coverages under one policy
- Coverage is included for guest personal property, foundations, underground pipes, flues, drains, and retaining walls that are not a part of the building, bridges, roadways, walkways, patios, and other paved surfaces
- Owned automobiles including airport shuttle vehicles
- Liquor Liability
- Directors & Officers Coverage Available
10 Reason’s Why to Choose Phly:
1. One of the broadest property enhancement forms in the industry. This coverage includes but
is not limited to: Property Off Premises, Fire Department Service Charge, Food Spoilage,
Valuable Papers, Accounts Receivable, Debris Removal, Sewer and Drain Back-up and
Ordinance or Law, Alternative Key System, Reservation System, and Credit Card Slips
2. One stop shopping for all your insurance needs. Property, Equipment Breakdown, Inland
Marine, Crime, General Liability, Professional Liability, Abuse and Molestation, and
Automobile coverage bundled into one convenient policy
3. Ultimate Cover – broad proprietary property coverage form including Flood and Earthquake
where available
4. Blanket limits with agreed value (no coinsurance) available
5. Garagekeeper’s Liability coverage available
6. Liquor Liability coverage available in most states
7. Automobile coverage available for hotel passenger vans, including airport shuttles
8. Hotel guest inconvenience coverage available
9. Guest personal property coverage included
10. Interest-free installments available for accounts that generate at least $2,000 in premium
Bed and Breakfast Product:
Whether you run a cozy bed & breakfast in Colorado, or a country inn in Wyoming, we can offer you the best insurance coverage to fit your needs.
This insurance program focuses on facilities located in resort and destination locations, such as ski towns and national and state park communities. Target risks provide guest lodging for an average of 2-3 nights, and in addition to providing breakfast might offer restaurant and bar facilities or recreational activities to their patrons. Frame, unprotected property is expected.
Coverage We Offer:
General Liability
• Comprehensive General Liability – Limits to
$1,000,000 each occurrence/$3,000,000 aggregate
• Premises Liability
• Personal Injury Liability
• Employee Benefits Liability
• Liquor Liability coverage available
• General Liability Deluxe endorsement for hotels includes
coverage for general aggregate per location, several
types of additional insureds and reservations and
wake-up service liability
Property
• Blanket limits with large in-house capacity
• Ultimate Cover – broad proprietary property coverage
form including Flood and Earthquake where available
• Able to provide Crime, Boiler, and all
Property coverages under one policy
• No separate form needed for computer property, this
coverage is included under the personal property limit
• Coverage is included for foundations, underground pipes,
flues and drains, retaining walls that are not a part of
the building, bridges, roadways, walks, patios and
other paved surfaces
• Automatic coverages, including, but not limited to arson
reward, contract penalty clause, excavation and
landscaping, fire sprinklered or burglar alarm upgrade,
new construction, accounts receivable, and guest
personal property
• Elite Property Enhancement Endorsement includes
coverage for Emergency Vacating Expenses,
Automated External Defibrillators, Alternative Key
System, Hotel Guest Inconvenience Expense,
Credit Card Slips and Guest Personal Property
Automobile
• Owned auto including airport shuttle vehicles
• Non-owned auto
• Hired auto
Crime and Fidelity
• Money and Securities
• Money Orders and Counterfeit Paper Currency
• Employee Dishonesty
Umbrella/Excess Liability
• Large Excess Limits available
Bell Endorsement
• Includes $50,000 limits each for Business Travel
Accident Benefit, Donation Assurance, Emergency Real Estate
Consulting Fee, Identity Theft Expense, Image Restoration
and Counseling, Key Individual Replacement Expenses,
Kidnap Expense, Terrorism Travel Reimbursement, Workplace
Violence Counseling. $25,000 limits for each Conference
Cancellation, Fundraising Event Blackout, Political Unrest
($5,000 per employee), Temporary Meeting Space
Reimbursement and $1,500 Travel Delay Reimbursement
Crisis Management Enhancement Endorsement
• $25,000 limit for crisis management emergency response
expenses incurred because of an incident giving rise to a “crisis”
Please contact us for any questions or a quote.
We all know that by law in Colorado and most states, that we are required to carry auto insurance by law. Or known as financial responsibility, which in other words if you can’t self insure yourself, you must by car insurance. So what exactly is required by law. Since were an at fault state, the insurance required to buy, is to put it shortly, not very much.
Karen W. Schneider
Mark Schneider
Schneider Insurance - Independent Agents & Brokers (303)-219-4985 