Insurance for the Hospitality Industry

What Does Hospitality Business Insurance Mean?

Bars, nightclubs, and other similar types of businesses that receive customers in exchange for paid dining, entertainment, and sleeping accommodations are covered by hospitality business insurance, just as any other type of business that receives paying customers is covered by general liability insurance. Protecting against liability and receiving compensation in the case of a loss or damage are both covered under this policy.

Insurance Solutions for Hospitality Businesses

General Liability Insurance for Nightlife Establishments

It is critical to get Commercial General Liability Insurance to protect the assets of your business premises. This comprises bars, restaurants, taverns, and nightclubs, among other establishments. In addition to bodily injury, this type of liability insurance can cover any property damage that may occur as a result of the accident. The majority of private sites, such as large homes or plots of land, will almost definitely require General Liability Insurance in addition to other types of insurance coverage.

Liquor Liability Insurance

If you own or operate a business that sells, serves, or assists in any way with the purchase or use (in certain situations) of alcoholic beverages, there is a risk that someone might be injured, or property could be harmed as a result of an individual being under the influence of alcohol. Coverage for liquor liability may be obtained for a variety of establishments such as a bar, restaurant, nightclub, and even special events such as weddings and festivals.

Assault and Battery Insurance

Many people who are considering a career in the security guard industry are seeking for insurance that covers assault and battery. Assault and battery insurance protects the security guard against the potentially devastating claims that might arise when someone is assaulted or injured. Rather of dropping assault and battery coverage from their present liability plans, numerous nightclubs, strip clubs, pubs, and retail establishments are including it. By including this sort of coverage, you may assist to avoid the complications that can arise as a result of an assault.

Comprehensive Property Enhancement Insurance

A Commercial Property Policy may be extremely beneficial if anything unforeseen happens to your venue. This can include everything from fires to thefts to vandalisms and more. It is the insurer's responsibility to show an exclusion when a claim is filed under comprehensive property enhancement insurance.

KEL Insurance and Hospitality Insurance

KEL Insurance had its start in the Nightlife & Hospitality Industry in New York City. The Nightlife Industry continues to be one of the most challenging industries in which to get quality insurance, and we happen to be experts at finding it for our clients in this industry. Our Standard Package Policy consists of the following coverages: general liability, liquor liability, assault and battery, and comprehensive property enhancement protection.

We Insure:

·         Nightclubs Live

·         Music Venues

·         Cocktail Lounges

·         Sports Bars

·         Taverns/Saloons