For instance, if a guest were to be robbed in the hotel premises, then he/she will potentially hold the hotel responsible for the lack of safety. In some rare scenarios, the hotel may also get sued if the temperature of the sauna was not well regulated and if the guest were to suffer from some kind of skin injury or inflammation as a result of it.

To help the establishment wither the legal storm, we have hotel insurance. This type of insurance is tailor-made to suit the sensitive and turbulent nature of the hostel business. It contains policies that work in the interest of protecting the hotel against future contingencies.

So what kind of coverage does hotel insurance provide?

Considering the nature of the hotel business, the policies are divided into types, liability, and property covering. Liability covering policies safeguard the hotel from claims and stands strong like armor against frivolous lawsuits. A General Liability Coverage offers cover against future accidents that may occur or are likely to happen. Premises Pollution Liability Coverage helps protect customers from illnesses caught within the premises of the hotel. Cyber Liability Coverage, helps you recover in the event of any breach or invasion of data or security.

Employment Practices Liability Coverage, are available to protect a hotel from lawsuits that arise out of employee-employer disputes. Food-Borne Illness Liability Coverage, offer hotels that serve a wide range of cuisines, insurance cover against food-borne-related illnesses. Liquor Liability Coverage gives cover to hotels that serve alcoholic drinks and beverages.

Equipment Breakdown Coverage, this policy gives a cover against the wear and tear of equipments that are used in the premises of the hotel. Crime Coverage provides coverage for both, visitors and employees in case of a robbery. Food Spoilage Coverage, this one will provide compensation for any loss caused when the food gets spoilt.

Why type of hotels should consider hotel business insurance?

Generally speaking, hotels should ideally seek insurance policies designed to suit their business. One that factors in the number of rooms, the wide range amenities built into the establishment, and so on and so forth.

The kind of cover that a small Breakfast Inn will need differs from say a luxurious 5 star hotel. Hotel insurance providers usually have policies that are tailor made to suit various types of hotel businesses. All in all, there’s cover for all types of hotels regardless of size and stature. 

How to know for sure that you have the right kind of coverage?

Hotels may at times need the aid of several insurance policies at the same time, depending on the stature of their business. An insurance company well versed with the industry, will guide you through all the necessary steps required and provide you with all the information required. The right kind of insurance policy will be one that evaluates all the possible future contingencies and the likelihood of it happening, and is well equipped to protect the hotel through it all.

Whether to buy multiple auto insurance policies for multiple owned cars?
People owning more than one car often get curious about how to buy insurance policies. To quench the curiosity, let us first have a look at the various facets an auto insurance policy can cover for.

Types of coverage
● Third-party liability coverage
A third party liability coverage can cover the losses caused to the third-party. Your insurance carrier will pay for the damages caused to the property or any physical harm caused to the third party member. This comes under the minimum liability cover set by the Californian government.

● Own damage coverage
An own damage coverage will cover for the damage caused to the policy owner’s vehicle or any physical harm caused to the owner or driver in an accident or while confronting a natural force like a storm, hurricane, etc.

● Personal accident coverage
Having this auto insurance coverage will cover for deaths or permanent disabilities caused to the owner of the policy or the third party member. This is also a mandatory insurance coverage to have according to law. This coverage usually comes with third-party or comprehensive auto insurance policies.

Now that we have got the different aspects of auto insurance coverage under our belt, let us look at which coverages demand buying separate policies for multiple cars owned. This will help you to decide the number of car insurance policies you need to have for your multiple cars and what all coverages you need to add for each of them.

Third-party cover
It is mandatory to buy a third party coverage insurance policy for each of the cars owned separately. Just having third party cover for one of the cars that you own is not enough. Not having a third party cover for any of the cars that you ride is an offence under the eyes of law and can hit you with a heavy ticket. You may buy the third party coverage auto insurance policy from the same insurance company or different ones. Buying multiple car insurance policies from the same insurance company might reward you with some discounts on premium payments.

Own damage cover
As a third-party cover, own damage cover insurance policy only covers for the damage caused to the car mentioned in the policy. Hence, in case you have multiple cars, you need to buy the cover for each one of them separately. Although it is not a legal compulsion to have a comprehensive cover(own damage cover plus third party cover) for each car that you own, it sure is a life-saver at disastrous times. But if the added cost of premiums for comprehensive cover does not fit your budget, you always have an option to select which car you need to be buying the cover for.

Personal accident cover
Personal accident cover is available with third-party liability or comprehensive car insurance policies. You can add personal accident cover as an add-on to the insurance policies that you buy for your cars.

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