Insurance for Those in the Flagstaff Hospitality Industry
With nearly 100 hotels, hundreds of restaurants, and a variety of other venues, hospitality is an important industry in Flagstaff, AZ. As a business owner, it’s your responsibility to ensure your guests and employees have the protection needed when disaster strikes. Working with a Flagstaff hospitality insurance broker, you can create the perfect solution to minimizing and controlling risks within your establishment.
What Types of Businesses Need Hospitality Insurance?
When you think of hospitality, a hotel might come to mind, but the industry goes far beyond that. Think about any businesses related to recreation, lodging, food and travel and you’ve covered most of your bases. Some businesses that would benefit by working with a Flagstaff hospitality insurance broker are:
- Hotels and motels
- Sit-down and fast food restaurants
- Catering services
- Wedding and big event venues
- Transportation services
- Nightclubs and bars
What Risks Come With Hospitality?
The risks associated with the hospitality industry are as varied as the industry itself. There are some that are common, however, and you might want to talk about those with your Flagstaff hospitality insurance broker. They include:
- Alcohol Incidents – Anywhere that alcohol is served is going to be at risk for injuries and property damage due to those who choose not to act responsibly. Insurance will cover the compensation claims that follow.
- Cyber Breaches – It’s your responsibility to protect the personal, sensitive information of your guests. Even with cyber security measures in place, these systems get hacked all the time, and you’ll need insurance coverage to help with all the resulting claims.
- Food-Related Sicknesses – You probably have a safe kitchen with protocols in place to keep it that way, but mistakes can be made, and food can become contaminated. A Flagstaff hospitality insurance broker can help you put a safeguard in place should your guests or employees become sick from a food-related issue.
- Property Damage – Have you ever wondered how you’d handle the situation if a guest’s purse was stolen on your property? Property damage comes in various forms, and you need the coverage that will keep your establishment running when someone falls victim to that damage.
- Transportation Injuries – Whether you have a driver for your guests to see the town or you receive guests at the Flagstaff Pulliam Airport, you need protection in case of an auto accident or other transportation injury.
- Security Breaches – You likely have a security system to beat all security systems, but even then, a breach could occur. If your guests and employees are in danger because something went wrong with your security measures, you might end up with dozens, even hundreds of compensation claims to deal with, which is easier if you have proper insurance.
How Does HUB Assist Business Owners?
Protection for your hospitality establishment is going to look different than the protection put in place for another establishment. You have a unique way of doing business, so you need unique coverage. At HUB, we make sure every solution is customized to those unique needs, targeting the areas that need the most protection. By looking over your current safety practices, we can help you find areas where improvements can be made, and risks can be minimized. Our insurance programs go right along with the specific requirements your establishment must comply with, ensuring your future success.