Things to know about hospitality or tourism business insurance.
- The condition of your hospitality or tourism business will impact insurance costs. Look for small improvement projects that will help reduce costs every year.
- Do you host events that happen at your place of business? Make sure you look into PAL coverage (Party Alcohol Liability).
- Hospitality and tourism businesses come with a lot of equipment and unique tools. Do you have equipment breakdown coverage?
- Business interruption coverage protects your company and you from unforeseen events.
- You are likely collecting data from your customers. Be sure you have cyber security coverage.
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