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Introduction:
The Hospitality Insurance Program provides the benefits of group purchasing to hotels and motels throughout the country to meet the diverse needs of motels of varying size, location and operational structure. The Program offers comprehensive coverage in exclusive arrangements with several of the leading, international A-rated insurance carriers. Competitive rates, broader coverage's and commitment to quality service distinguish Asian American Nations Insurance Group from other insurance providers in the industry.
Coverage Highlights:
This specifically designed package policy has been developed with your needs in mind and includes the following formulated coverage's custom designed to fit the needs of the motel operator.
Property Insurance:
"All Risk" coverage on an agreed amount basis for both real and personal property and business Interruption.
Optional Coverage:
Automobile coverage - Business and Personal Boiler and Machinery coverage Umbrella liability - $10,000,000 per occurrence per location
Claims and Loss Control Services:
The Hospitality Insurance Program combines superior coverage with unsurpassed claims and risk control services. Our insurance carriers have been serving the commercial market for nearly two centuries. There is no doubt that their experience combined with our expertise gives the Hospitality Insurance Program a competitive edge. Their track record of reliability, our expertise and our professionalism is what keeps our program at the forefront of the insurance market.
Asian American Nations Insurance Group is an all lines independent insurance agency offering insurance coverage for business as well as personal needs. We offer a full range of insurance products and specialize in meeting the needs of the hotel/motel owner/operators. We take extreme pride in what we do.
We are committed to excellence. We pledge to you a total commitment of our resources, people, products, and expertise. We alert you to the full spectrum of options available to you. We advise you on the right coverage at the right time, and if the occasion arises, we bring you complete and efficient claims service at the time of loss.
Hospitality Program Enhancements:
- Newly acquired or constructed building - $500,000
- Business personal property at newly acquired locations $250,000
- Property of others - $50,000
- Property in transition of off premises - $25,000
- Outdoor property - $25,000 except trees, shrubs or plants $1,000
- Outdoor sign - $25,000
- Mechanical breakdown and artificially generated electric current
- EDP Equipment systems breakdown coverage $50,000
- Back up of sewers and drains - $25,000
- Accounts receivable - $50,000
- Ordinance of law - $500,000
- Fire department service charge - $25,000
- Valuable papers and records - $50,000
- Money & Securities
- Debris removal - $50,000
General Liability:
- Primary general liability
- $1,000,000/occurrence per location
- $2,000,000/aggregate per location
- Products and completed operations
- Personal and Advertising injury
- Fire legal liability
- Medical Expenses
- Hired/Non-owned auto liability
- Liquor liability (if applicable)
- Host liquor liability
Crime Coverage:
- Theft disappearance and destruction
- Employee dishonesty
- Robbery and safe burglary
- Safe deposit box liability
Liquor Liability Insurance
Liquor Liability Insurance covers an insured for damages that the business becomes legally obligated to pay for injury arising from the selling, serving, or furnishing of any alcoholic beverage. While the coverage is occasionally given by the writer of Commercial General Liability (CGL) insurance, this section will deal with so called "stand alone" policies.If you sell, serve or furnish alcoholic beverages you may be liable for the actions of intoxicated persons you serve. Consider the following situations you may face:· After having several drinks at another bar, a patron walks into your establishment and is served one drink.
While driving home the patron collides head-on with another vehicle. The driver and passengers of the other vehicle sustain serious injuries and sue your establishment for contributing to the intoxication of the patron that caused the accident.· Two of your patrons are involved in a fight. One patron sustains injuries and sues your establishment, alleging the negligent service of alcohol cased the fight.· You host a party and one of your guests becomes intoxicated. After the party, the intoxicated guest is involved in an auto accident and injures a third party. The third party sues you alleging negligence in providing alcohol to an obviously intoxicated person.
Depending on the laws in your state, you may be held liable in the above scenarios. Liquor-related injuries tend to be very severe. The resulting claims can produce substantial verdicts or settlements. Even frivolous lawsuits must be defended and can cost thousands of dollars in attorney fees.Asian American Nations Insurance Group is pleased to offer Liquor Liability Insurance through A rated carriers. Typical purchasers of the coverage include but are certainly not limited to the following:· Hotels · Bars · Restaurants · Liquor Stores Minimum premiums start as low as $1,300 plus tax. Premium quotations may be obtained by contacting us at (407) 829-8575.
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