Could Your Business Face a Ladies’ Night Lawsuit?
Hospitality
Hospitality Insurance That’s Red Carpet-Worthy
We focus on your hospitality insurance needs so you can focus on your customers.
Restaurants, Bars, Caterers, and More.
In the hospitality and restaurant industries, you roll out “the red carpet” for your customers doing whatever it takes to ensure a positive experience. At Heffernan Insurance Brokers, we do the same for our clients in the hospitality industry.
We offer specialized risk management and insurance programs for hospitality businesses that include:
- Hotels and resorts
- Golf courses
- Restaurants – franchises, fine dining, family-style, and QSRs
- Delivery operations
- Food trucks
- Bars (including liquor liability insurance)
- Wine bars
- Catering
- Liability coverage for events and event planners
Liquor Liability Insurance for Hospitality Businesses
Have you ever heard of, “too much of a good thing?” Well that’s why we offer hospitality businesses with liquor liability coverage. What is liquor liability insurance? If you serve alcohol, you are at risk for being held responsible for injuries or property damage. Liquor liability insurance is insurance coverage for policyholders who serve liquor where there is a possibility for an intoxicated person to cause bodily harm or property damage.
As a result of this need, liquor liability insurance protects you and your business from being held liable for any damage that may occur, and ensures you and your customers can still have a good time while covering all of your bases. You should be thinking about serving your customers and growing your business instead of paying for damage caused by an intoxicated person. Whatever your situation, we can create a customized liquor liability policy to alleviate some of that pressure and make sure you are well protected for every situation.
Connecting Hospitality Insurance Solutions to Your Business Goals
Our team at Heffernan provides the resources you need to connect business goals with risk management and other benefit strategies. Our clients in the hospitality industry like hotels, restaurants, bars, and more, feel safe knowing we focus on helping mitigate their risks while they can focus on growing their business.
There’s a lot of stress and pressure in the hospitality industry when trying to improve safety and reduce claims costs, but it doesn’t have to be that way. We are constantly improving and learning so our hospitality insurance specialists can come alongside you and act as your guide to make sure you get exactly what your business needs.
The Right Insurance Broker for Your Hospitality Business
Heffernan Insurance Brokers belongs to a number of highly-respected organizations in the hospitality industry. Heffernan has been an insurance broker for the California Restaurant Association for a number of years. And also has membership with the Golden Gate Restaurant Association, California Hotel & Lodging Association, and SF Hotel Council.
Startups and Small Businesses
For startups and small businesses looking for a customized insurance quote, get in touch with one of our specialists.
Frequently Asked Questions
Explore key questions about Hospitality Insurance
What is Hospitality Insurance?
Hospitality insurance is a specialized type of coverage designed to protect businesses in the hospitality industry, such as hotels, restaurants, B&Bs, bars, and event venues. This insurance is essential for managing the unique risks associated with serving the public and ensuring the continuity of operations.
What does Hospitality Insurance Cover?
What does Hospitality Insurance Cover?
Hospitality insurance covers a range of risks specific to businesses in the hospitality sector, such as hotels, restaurants, B&Bs and event venues. Most common coverage is hospitality liability insurance for guest injuries and property damage, as well as property insurance for damage to the business’s physical assets. Business interruption insurance is often included to cover lost income due to events like fires or natural disasters. Additional coverages may address specific needs, such as liquor liability for establishments serving alcohol, food contamination coverage for restaurants, and cyber liability for protecting against data breaches.
Who needs Hospitality Insurance?
Hospitality insurance is essential for businesses within the hospitality sector, including hotels, motels, and bed and breakfasts (B&Bs). Coverage such as hotel insurance, insurance for motels, and B&B insurance helps protect these establishments from industry-specific risks. Restaurants, cafes, bars, and nightclubs also require this coverage to safeguard against potential liabilities. Event venues, such as banquet halls and conference centers, benefit from hospitality insurance to manage risks associated with hosting gatherings. Additionally, catering companies and food service providers should consider this insurance to cover potential risks related to food safety and service. Essentially, any business that provides lodging, food, or entertainment services to the public should have hospitality insurance to protect against operational disruptions and liabilities.
What are the costs of Hospitality Insurance?
The costs of Hospitality insurance vary widely based on factors such as the type and size of the business, location, and specific coverage needs as well as the hospitality insurance companies providing coverage. For example, a small café may pay significantly less than a large hotel or resort for insurance due to differences in risk exposure and coverage requirements. Premiums are also influenced by the business’s claims history, safety measures in place, and the types of services offered, such as alcohol sales or event hosting. Typically, businesses can expect to pay anywhere from a few hundred to several thousand dollars annually, depending on these variables.
How do I get Hospitality Insurance?
To obtain hospitality insurance, start by consulting with a hotel insurance broker or an >experienced insurance broker who specializes in the hospitality industry>. Provide detailed information about your business, including its size, location, services offered, and any previous claims history. The broker will then work with hospitality insurance companies to gather quotes, comparing coverage options and premiums to find the best fit for your needs. Once you select a policy, the broker will guide you through the application process, ensuring all necessary documentation is completed. Finally, review the policy terms carefully before finalizing to ensure it meets your coverage requirements and budget.
Get started with Heffernan’s Hospitality Insurance
Heffernan Hospitality Insurance Practice Leader
Amy Vitarelli
D: 415.808.1342
C: 415.613.5084
[email protected]
More about our Hospitality Insurance Programs
Your business isn’t exactly predictable. By facilitating a wide range of guests and special events, you are vulnerable to a multitude of exposures – liquor liability, off premises power outages, slips and falls, and food contamination are just a few of the hurdles you may encounter.
We welcome the challenge of keeping your assets, your properties, your employees, and your customers safe. With us, you’ll have access to the best coverages thanks to our preferred status with many A+ rated carriers.
As a restaurant or hospitality establishment, your focus should be on your business and your customers. Let us handle the rest. Find out what Heffernan’s Hospitality Practice can do for you.
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