Boutique hotels, resorts and resort communities

resort cabana
Zurich offers specialized insurance for the upscale hospitality industry, with coverages designed to help protect their property, employees and guests. Our broad appetite encompasses boutique hotels, casino hotels, condo hotels, hotel management companies, premier and full-service hotels, private resort communities (gated), private social clubs (with lodging) and resorts.

Appetite:

  • Destination resorts, multiple restaurants, retail, activities and other amenities such as conference, banquet, fitness, pools, water sports, spa services, retail, etc.
  • Upscale hotels - four and five star various sizes but generally standalone facilities that may include amenities noted above
  • Boutique/lifestyle hotels
    • Small, distinctive properties
    • Some special amenities and specialty services
  • Limited service boutique/lifestyle hotels
    • Small and distinctive
    • Business focus, limited amenities
  • Gun, hunt and fishing resorts, including lodges
  • Golf resorts with club operations
  • Ineligible risks:

    • Short-stay motels/hotels (rates offered for less than 24 hours)
    • Economy hotels and motels
    • Large franchise chains
    • Bed and breakfasts
    • Limited service hotels other than limited service boutique/lifestyle motels

    Geography:

    • Nationwide

Submission requirements:

  • Forms available upon request for contact from Program Administrator
  • Accord applications (including a complete SOV)
  • Supplemental applications
  • Currently valued loss runs for the past 5 years
  • Financials

Coverages offered:

  • Blanket building/personal property
    • Business income with unlimited period of restoration
    • Replacement cost valuation on equipment
  • General Liability (includes liquor liability, GKLL, and herbicide/pesticide cover for hotel and golf exposures)
  • Commercial Auto for fleets (can include valet parking)
  • Pollution Liability (including tanks coverage)
  • Excess and Umbrella Liability (limits to $25 million and higher)
  • Directors and Officers Liability (Can be included in the Umbrella limits)
  • Employment Practices Liability with separate aggregate (Can be included in the Umbrella limits)
  • Workers' Compensation (broad form all states endorsement)
  • For golf resorts - $1 million and $2.5 million tee to green coverage for all playing surfaces with no per hole limitations
    • Tree replacement and debris removal
    • Broad form outdoor property extension

Coverage limits:

  • See above

Admitted or non-admitted paper:  

  • Admitted

Additional program highlights

  • Loss prevention expertise from experts who have reviewed thousands of resorts, clubs and hotel properties nationwide.