Introducing our hotel insurance
The cover your hotel deserves and needs
As a hotelier you live to serve your guests, and as one of the UK’s leading commercial insurance brokers we live to ensure our customers are fully protected. To arrange your hotel insurance cover we’ll need to know how many rooms you have, learn about your turnover, number of staff, if you serve food or alcohol, as well as details surrounding the type of building you operate from; amongst other questions. Our cover is designed to give you peace of mind with less worrying about the possible loss, damage or theft from your hotel or expensive claims as a result of an employee or customer being injured within your hotel premises. The risks are real, and disaster can on occasion occur, so insuring your hotel establishment by arranging comprehensive hotel insurance cover can make all the difference and go a long way to protecting your business financially.
At The Insurance Octopus, our personalised hotel insurance policies are designed to allow you to add, remove, increase or decrease all areas of your insurance policy. You will be able to put together a bespoke policy to the way you want it; meaning you only pay for the cover your hotel needs.
What your hotel insurance policy includes
Hotel Public Liability insurance
Public Liability cover protects you if one of your customers is injured, or their property is damaged. This protects you against the cost of repairs or any legal proceedings that may be filed against you. Standard levels of cover are available from £1m to £5m, with additional levels of cover available upon request subject to terms and conditions.
Employers Liability insurance
If you have one or more employees then by law, you are required to have employer’s liability insurance. This is a standard £10m and will protect you as the employer against claims from your staff should they be hurt when working for you.
Buildings & Contents Insurance for hotels
This protects your building against an unforeseen event; make sure you have the right buildings sum you need insured, as this is not always the price you can sell the building for.
Money, Glass, & Accidental damage cover
Considered business interruption cover for your hotel?
Business interruption cover can be an important add-on cover for hotels. Business interruption insurance will compensate you for any loss of income following the occurrence of an insured disaster.
Further optional add-ons include deterioration of stock, Commercial Legal Expenses, loss of licence cover, and more – get in touch for more information.
Why you need hotel insurance
As a hotel owner or manager you’ll appreciate some of the daily risks you face whilst dealing with guests and the general public. Hotels can at times be quite busy places, with guests and staff mixing frequently. To face the risks of hotel trade, arm yourself with a fully comprehensive hotel insurance policy and give you and your business peace of mind should the unforeseen happen.
At The Insurance Octopus, we cannot stop any of these unfortunate events happening, but we can help you find a hotel insurance policy that provides the right level of cover for your hotel.
Talk to the specialists
The Insurance Octopus specialise in hospitality insurance meaning the service you receive from our team is always of the highest level. We understand that no two hotels are the same and because of this we will always look to tailor our cover to your businesses exact needs.
Buying hotel insurance
Consider taking out a policy with The Insurance Octopus for your hotel and let our hotel insurance specialists take you through some of the wide ranging policy options available to your business. Whether your hotel operates as a licensed or non-licenced premise our specialists will be able to discuss your business requirements with you and compare personalised quotes from a number of major UK insurance providers.
Why choose The Insurance Octopus for Hotel Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, which is why we offer up to £5 million worth of public liability insurance for hotels - with more available upon request.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
A specialist who knows your industry
We'll connect you with an agent who specialises in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.
Hotel Insurance FAQ's
Get the answers you're looking for
Explain contents insurance for hotels
When you run a hotel, it is important to purchase contents insurance to protect your business for loss or damage to items such as furniture, fixtures and fittings including the soft furnishings and stock so that your business can replace items as needed. There are a variety of levels available which will be influenced by the size of your hotel and value of the contents.
Does my hotel need personal effects cover?
Your guests are likely to bring belongings to your premises, which could be costly to replace following loss or damage, such as jewellery and computer equipment. A contents policy which extends to include your guests and employees personal effects will ensure their possessions are adequately covered, should a loss occur. There are policies available which offer a set cover per guest, although a total claim limit is a popular option for small and medium-sized hotels.
Can you cover multiple hotel properties?
As a hotelier with multiple properties, you need protection against any possible loss, damage or theft which will impact your business. We can provide insurance cover for multiple sites, with each hotel being provided with an individual policy designed to meet its individual needs. This means we can create bespoke policies, so you only pay for the cover each of your hotel’s requires.
How hotel insurance works
Examples of Hotel Insurance in action
Disaster averted for a hotel
A small hotel faced refunds running into the thousands after flooding substantially damaged their wedding venue. This left the hotel premises out of action for several weeks and meant that several planned weddings had to be cancelled or relocated. Fortunately, the hotel’s flood insurance covered the cost to repair the venue and the business interruption covered the cost of the lost business and helped to ensure that nobody was left out of pocket by the event.