Hospitality Insurance
At MFE Insurance, we recognize that operating a successful hospitality business requires careful planning and attention to detail. Whether you own a hotel, resort, restaurant, or catering service, our insurance coverage options are specifically crafted to meet the diverse needs of your industry.
From mitigating financial risks to safeguarding your physical assets and ensuring the well-being of your employees, our comprehensive coverage options provide you with the necessary protection to thrive in the competitive hospitality landscape.
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Assault & Battery Insurance
Assault and battery insurance provides coverage for businesses against claims arising from incidents of physical violence, assault, or battery that occur on their premises.
This specialized insurance is particularly important for businesses in industries such as nightlife, security, or those where the risk of confrontations or altercations is higher, helping them mitigate potential financial risks and safeguard their operations.
Assault & Battery InsuranceCommercial Auto Insurance
Commercial auto insurance is an indispensable asset for hospitality organizations. It extends vital protection to vehicles utilized in guest transportation, delivery logistics, event facilitation, and fleet management.
This insurance not only protects your business’s assets and reputation but also offers the flexibility to customize coverage, ensuring it precisely aligns with your unique requirements. In essence, it’s the key to maintaining the excellence of your hospitality business while securing its future.
Commercial Auto Insurance
Equipment Breakdown Insurance
Equipment breakdown insurance provides coverage for the repair or replacement of essential equipment, as well as the resulting business interruption losses and extra expenses incurred during the downtime.
Whether it’s a mechanical failure, electrical malfunction, or other covered perils, equipment breakdown insurance offers peace of mind by ensuring that businesses can recover quickly and resume their operations without significant financial setbacks.
Equipment Breakdown InsuranceLiquor Liability Insurance
Liquor liability insurance is a specialized form of coverage which protects businesses that sell, serve, or distribute alcoholic beverages. Coverage includes assistance with legal expenses, settlements, or judgments arising from liquor-related incidents, including fights, drunk driving accidents, or other alcohol-related incidents.
Liquor liability insurance is essential for bars, restaurants, nightclubs, breweries, and similar organizations.
Liquor Liability Insurance
Spoilage Insurance
Spoilage insurance is highly recommended for organizations categorized as food and beverage, pharmaceuticals, and those which deal with perishable products.
Spoilage insurance helps reimburse the cost of spoiled or contaminated goods due to events like power outages, equipment failures, temperature fluctuations, or other unforeseen circumstances.
Spoilage InsuranceCommon Questions We Hear About Hospitality Insurance
Dram shop laws let people injured by a drunk patron sue the bar, restaurant or server who sold alcohol to a minor or someone visibly intoxicated. General liability usually isn’t enough for these claims, which is why businesses that serve alcohol carry liquor liability insurance.
Standard commercial property policies typically don’t include spoilage, so you need a separate spoilage policy. It reimburses you for food and beverages lost to power outages, refrigerator or freezer breakdowns and contamination.
Yes. Bundling policies can earn a discount, and a business owner’s policy for a restaurant runs about $175 a month with limits typically up to $1 million per occurrence.
Restaurants pay a median of less than $70 a month for general liability, about $45 a month for liquor liability and about $125 a month for workers’ compensation. Serving alcohol and your location have the biggest effect on your price.
Yes. Assault and battery insurance covers claims when a bouncer or security team member injures a customer, along with fights between patrons and injuries to bystanders.
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Guests First, Protection Always
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