Every day, you welcome hundreds of visitors and tourists to your hotel. Let Outrisk Insurance make sure both you and your guests are safe and secure at all times. Our specialist brokers will offer you comprehensive insurance policies with coverage and extra benefits tailored for your business.
With Outrisk, you can rest assured that your hotel continues to thrive no matter what!
What is Hotel Insurance?
What is Hotel Insurance?
Hotel insurance is a multi-insurance solution for hotel owners and hotel managers to provide tailored coverage and benefits for the unique risks a hotel can face.
As a good hotel owner, you offer all your guests comfortable rooms and excellent services. You want to make them feel like the hotel is ‘their home away from home’! Your staff also works hard to make their stay pleasant and memorable.
Therefore, it’s your duty to ensure the safety of your property, your staff and your guests. But being in the hospitality industry means you face a lot of unique risks on a daily basis. This means a standard landlord insurance policy won’t provide full protection for your business in case of an unforeseen event.
Hospitality insurance gives you comprehensive coverage to ensure you won’t suffer significant financial losses if damage or disaster happens all of a sudden. It’s designed and tailored to your specific needs as a hotel owner, guaranteeing that you’re protected from a wide range of threats. These include:
- Damage to your property from natural disasters or unforeseen events
- Building. Damage to the structure and fixtures of your property.
- Contents. Damage to your furniture, machinery, equipment.
- Liability for injury
- Employers’ liability Your number one priority is to keep your hotel staff safe at all times. But no matter how many safety measures you put in place, accidents can strike before you know it. This extension covers the costs of claims made against you if an employee suffers injuries due to the nature of their work.
- Third-party liability Guests come and go through your hotel every day. Even when you take the necessary precautions, someone might slip or fall on your premises. This extension covers the costs of claims made against you if a visitor gets injured within your property.
Hotel insurance is a multi-insurance solution for hotel owners and hotel managers to provide tailored coverage and benefits for the unique risks a hotel can face.
As a good hotel owner, you offer all your guests comfortable rooms and excellent services. You want to make them feel like the hotel is ‘their home away from home’! Your staff also works hard to make their stay pleasant and memorable.
Therefore, it’s your duty to ensure the safety of your property, your staff and your guests. But being in the hospitality industry means you face a lot of unique risks on a daily basis. This means a standard landlord insurance policy won’t provide full protection for your business in case of an unforeseen event.
Hospitality insurance gives you comprehensive coverage to ensure you won’t suffer significant financial losses if damage or disaster happens all of a sudden. It’s designed and tailored to your specific needs as a hotel owner, guaranteeing that you’re protected from a wide range of threats. These include:
- Damage to your property from natural disasters or unforeseen events
- Building. Damage to the structure and fixtures of your property.
- Contents. Damage to your furniture, machinery, equipment.
- Liability for injury
- Employers’ liability Your number one priority is to keep your hotel staff safe at all times. But no matter how many safety measures you put in place, accidents can strike before you know it. This extension covers the costs of claims made against you if an employee suffers injuries due to the nature of their work.
- Third-party liability Guests come and go through your hotel every day. Even when you take the necessary precautions, someone might slip or fall on your premises. This extension covers the costs of claims made against you if a visitor gets injured within your property.
Why insure your Hotel with Outrisk Insurance?
Why insure your Hotel with
Outrisk Insurance?
Keeping your hotel secure from risks and threats is crucial to safeguarding your investment. With Hotel Insurance from Outrisk, you can focus on keeping your business running smoothly with total assurance that your hotel is fully protected!
Our team of specialist brokers at Outrisk has the experience and expertise to give you the ideal coverage that offers total protection for your hotel. We will assess the specific risks and hazards that may threaten your business. This way, we can tailor the hospitality insurance policy to suit your hotel’s unique needs.
When disasters or accidents strike, we will be there to help you recover quickly and smoothly. Our claim-handlers will help you navigate the claims process with ease, taking care of every detail, so you don’t have to.
Keeping your hotel secure from risks and threats is crucial to safeguarding your investment. With Hotel Insurance from Outrisk, you can focus on keeping your business running smoothly with total assurance that your hotel is fully protected!
Our team of specialist brokers at Outrisk has the experience and expertise to give you the ideal coverage that offers total protection for your hotel. We will assess the specific risks and hazards that may threaten your business. This way, we can tailor the hospitality insurance policy to suit your hotel’s unique needs.
When disasters or accidents strike, we will be there to help you recover quickly and smoothly. Our claim-handlers will help you navigate the claims process with ease, taking care of every detail, so you don’t have to.
Full protection against all risks
We offer comprehensive insurance solutions with free benefits that protect you against the risks your hotel faces daily.
Expert guidance
Our seasoned brokers offer risk assessment services to help identify the specific threats to your business.
Competitive premiums
Outrisk gives you full, unrivaled protection at the most competitive premiums in the Cyprus insurance market.
Tailored coverage
Each policy we offer has flexible coverage that we will tailor to your needs and the type of property you have.
Always by your side
24/7 assistance all year round for accidents, disasters and emergency repair services.
Who is this for?
Intended for hotel or resort owners. This policy is designed for businesses in Cyprus’ hospitality sector
Call Us +357 97770067
Email us info@outriskinsurance.com.cy
Why do I need Hotel Insurance?
Why do I need Hotel Insurance?
Your hotel is unique from all other properties out there. Because standard insurance policies only cover costs for unforeseen events that could happen to all types of properties, you could end up being underinsured.
What does this mean? In the event of an accident or disaster, you will have to pay out of pocket to cover the repair costs or legal fees. This could take a serious toll on your business’ finances.
Hotel insurance protects you against this dreadful scenario. Your policy will be tailored to ensure you’re adequately covered should you need to make a claim. A custom hospitality insurance factors in:
- Type of structure of your property
- Number of rooms
- Number of staff members
- Services offered
- Car rental
- Catering
- Dry cleaning
- Laundry
- Room service
- Facilities offered
- Gym
- Pool
- Garden
- Spa
- Tennis court
- Conference rooms
- Room contents
- Appliances
- Kitchen equipment
- Furniture
- Electronic devices
- Other features
- Hotel signage
- External blinds
Your hotel is unique from all other properties out there. Because standard insurance policies only cover costs for unforeseen events that could happen to all types of properties, you could end up being underinsured.
What does this mean? In the event of an accident or disaster, you will have to pay out of pocket to cover the repair costs or legal fees. This could take a serious toll on your business’ finances.
Hotel insurance protects you against this dreadful scenario. Your policy will be tailored to ensure you’re adequately covered should you need to make a claim. A custom hospitality insurance factors in:
- Type of structure of your property
- Number of rooms
- Number of staff members
- Services offered
- Car rental
- Catering
- Dry cleaning
- Laundry
- Room service
- Facilities offered
- Gym
- Pool
- Garden
- Spa
- Tennis court
- Conference rooms
- Room contents
- Appliances
- Kitchen equipment
- Furniture
- Electronic devices
- Other features
- Hotel signage
- External blinds
What does Hotel Insurance cover?
What does Hotel Insurance
cover?
- Fires
- Earthquakes
- Lightning
- Storms
- Typhoons
- Cyclones
- Volcanic eruption
- Water leakage
- Smoke damage
- Damage from fallen trees or branches
- Explosion
- Water tank overflow
- Pipe overflow
- Fuel equipment overflow
- Aircraft crash
- Forceful impact on the structure
- Strike
- Civil unrest
- Theft or attempted theft
- Malicious damage
- Employer liability
- Third-party liability
- Business interruption
- Employee dishonesty
- Personal accident
- Money
- Subsequent damage
- Product liability
- Glass panes
- Goods in transit
- Contamination of goods in freezers or cooling systems
- Keys and locks
- Water meter
- Fire safety fees
- Damages caused by firefighters
- Short circuit
- Keys and locks
- Wells
- Access
- Debris disposal
- Professional rights
- Public authorities
- Property in an open area
- Temporary movement
- Seasonal coverage
- Auto coverage
- Failure to provide insurance coverage
- Fires
- Earthquakes
- Lightning
- Storms
- Typhoons
- Cyclones
- Volcanic eruption
- Water leakage
- Smoke damage
- Damage from fallen trees or branches
- Explosion
- Water tank overflow
- Pipe overflow
- Fuel equipment overflow
- Aircraft crash
- Forceful impact on the structure
- Strike
- Civil unrest
- Theft or attempted theft
- Malicious damage
- Employer liability
- Third-party liability
- Business interruption
- Employee dishonesty
- Personal accident
- Money
- Subsequent damage
- Product liability
- Glass panes
- Goods in transit
- Contamination of goods in freezers or cooling systems
- Keys and locks
- Water meter
- Fire safety fees
- Damages caused by firefighters
- Short circuit
- Keys and locks
- Wells
- Access
- Debris disposal
- Professional rights
- Public authorities
- Property in an open area
- Temporary movement
- Seasonal coverage
- Auto coverage
- Failure to provide insurance coverage
Get an insurance quote
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insurance quote
We have the experience and the competitive prices.
Have a look at what we have to offer.
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Frequently asked questions
This depends on the type of policy you have. You can opt to take out employers’ liability and third-party liability to ensure you’re protected against claims when an employee or guest gets injured on your property.
Our specialist brokers will assess the risks you face and advise you on what additional coverage you need. We will advise you on which policy is ideal for you to make sure you have full and excellent protection whatever happens.
Your duties as a policyholder might include:
- Provide all relevant information and forms needed
- Share signed documents with all necessary information
- Take safety measures to prevent damage
- Keep up maintenance of the insured property
- Let your broker know right away if there is an update on how the property is used or a change in ownership of the property
- Alert your broker or call our emergency helpline immediately if an unexpected event occurs
- Follow the conditions of the insurance policy
- Pay the premiums according to the payment plan indicated on your insurance policy
Your premiums will depend on the level of cover you get. Yet, that’s determined by a wide variety of factors. Our expert brokers will give you advice on how to choose the level of cover you need. We’ll also show you ways to lower your premiums by reducing the risk of damage so you can get quality protection at the best rates!
Of course! This will be crucial in filing your claim later on. Our emergency lines are open 24/7, so you can call us as soon as a disaster or accident occurs and we will be there to help.
Call our claims management team at Outrisk right away! We will help you get through the tricky process of filing claims.
We know how challenging it can be when you need to make a claim. This is why we provide personalized services with care and compassion, ensuring you’re fully informed and well equipped for each step of the process.