Experienced & Professional Hospitality & Hotel Insurance Brokers from LMBF

The hospitality sector is known for just that: its hospitality. Hospitality businesses, whether they’re takeout coffee and donut shops, bed and breakfasts, banquet halls, tourism companies, hotels, or otherwise, face a unique set of risks that comes with a large flow of customers in and out every day. Hospitality and hotel insurance secures your businesses financially against losses that may very well otherwise be devastating to your operations. LMBF can start you with a free hospitality business insurance quote today.

What Hospitality Business Insurance Covers

Commercial General Liability

Commercial General Liability

CGL, or commercial general liability, is the baseline for insurance for many businesses, including those in the hospitality sector. This essential coverage may protect your business against liability claims filed due to claims of bodily injury and property damage by third-party.

Property Insurance

Property Insurance

As a hotel or other hospitality business, where would you be without your property and its assets? Commercial property insurance may cover your physical premises for fires, vandalism and theft, as well as other natural disasters.



Business interruption insurance is an optional coverage that may be included with your hospitality insurance package that can cover your business if it is forced to close while restoration and repairs are being done. Covered expenses may include employee payroll, ongoing bills, loss of revenue, etc.

  What hospitality insurance covers
  • Equipment breakdown
  • Commercial liability
  • Commercial property
  • Unexpected events
  What hospitality insurance excludes
  • Undocumented income
  • Intentional damages
  • Gradual wear and tear
  • Criminal activities

What is hospitality insurance?

Hospitality insurance is a standard insurance package designed for hospitality businesses, such as hotels, restaurants, tourism companies, and so on. These businesses perform a vital service but they also take on an enormous amount of risk each day, given the large volume of customers and clients they serve. Hospitality insurance can cover their commercial property, liability, and more based on your business’ unique requirements.

Types of Hospitality Insurance Products

Making a claim is the last thing we want you to have to do, but it helps to know what you have coverage for before you make the call. Hospitality insurance can look very different depending on your unique business. LMBF’s hospitality and hotel insurance brokers can help lay it out for you if you are confused about your coverage or you can see several of the coverage samplings below - many of which may already be included in your standard package or available to you as an option. Give us a call if you have any questions.
Property Insurance

Commercial property

  • Physical property
  • Stored belongings
  • Contents
More info
Professional Liability Insurance

Professional liability

  • Negligence
  • Misinformation
  • Omissions
More info
Commercial Auto Insurance

Commercial auto insurance

  • Collision
  • Comprehensive
  • Liability
More info
Business Interruption Insurance

Business interruption

  • Ongoing wages
  • Employee payroll
  • Bills
  • Rent
More info
Commercial General Liability Insurance

Commercial general liability

  • Bodily injury
  • Advertising injury
  • Property damage
More info
Cyber Insurance

Cyber liability

  • Data breach
  • Restoration costs
  • Liability
More info
Umbrella Insurance

Umbrella insurance

  • Extended liability
  • Advertising injury
  • Bodily injury
  • Property damage
More info
Equipment Breakdown Coverage

Equipment breakdown

  • Unexpected breakdown
  • Machinery
  • Boilers
More info
Directors and Officers Liability Insurance

Directors and Officers Liability Insurance

More info
Crime Insurance

Crime insurance

  • Fraud
  • Dishonest actions
  • Reputational injury
More info
Risk Management

Risk management

  • Strategies
  • Risk reduction
  • Mitigation
More info

Our Hospitality Business Insurance partners

LMBF understands why your hospitality business means so much to you. Whether you run a tourism company or a hotel, your business has unique needs that need to be understood before you can “pin” any one insurance policy on your company. Thankfully, LMBF has partnered with some of the top hospitality business insurance carriers to ensure that you get the best coverage for whatever it is that you do best. Hotel insurance and hospitality insurance are just a few clicks away with LMBF.

Get an Instant Quote

Want to Get Started on Your Hospitality Insurance? Start with a Hospitality Insurance Quote.

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Most Frequently Asked Questions About Hospitality Insurance

A: Hospitality insurance is not a legal requirement in most locations. However, it is a crucial recommendation thanks to the coverage it provides for businesses that may be unable to restore themselves following a loss - whether that’s a lawsuit, a natural disaster, or another devastating event that could risk putting your business out for good.

A: Any business within the hospitality sector can benefit from comprehensive hospitality insurance. Examples of businesses may include restaurants, tourism companies, accommodation and hotels, and event planners. Due to the high volume of clients and customers these businesses deal with daily, it’s highly recommended that each business carry sufficient hospitality insurance.

A: “The best hospitality insurance” is subjective, since every business requires a different level and options for coverage. Fortunately, LMBF has some of the best hospitality insurance brokers in the business and has partnered with top carriers to ensure you get the right coverage for your individual requirements. No matter your needs, LMBF is confident it can help you find the best hospitality insurance for your business.

A: Your hospitality insurance plan may look different depending on your unique business, but as it stands it is highly recommended that your hospitality insurance program include CGL (commercial general liability insurance), commercial property insurance, equipment breakdown, and cyber liability insurance. This is just a few examples, so your policy should reflect your business’ own unique requirements.

A: Like any business insurance policy, the price of hospitality insurance is largely dependent on the way that your business operates and its exposure to potential risk. Your hospitality business insurance may cost more or less depending on your business’ size, its commercial property (make, materials, age), years of experience in the industry, employees, services, etc.

A: Hotels can benefit from hotel insurance (or hospitality insurance) because they need coverage for their building, any upgrades, and against liability claims that might be filed by third-party or guests due to perceived negligence, error, injury, and so on. Hotels see a large volume of customers daily, so it is always important that they acquire the right insurance policy.