Jul 17 2026 17:11
The Suite Spot for Hotel and Motel Property Insurance
Flexible Capacity for Hospitality Risks of All Sizes
Hotels and motels can present complex property exposures, from high total insured values and multiple-location schedules to coastal wind concerns, aging construction, and specialized equipment. When standard markets cannot provide enough capacity or flexibility, agents need access to property solutions designed specifically for the hospitality industry.
Whether you are working on a straightforward hotel or motel, a higher-TIV account, a large property schedule, or a challenging coastal risk, we have multiple property markets ready to consider your submission. Available options may include up to a $50 million participation on risks with total insured values of up to $500 million, 100% replacement cost coverage, and placement on a primary, excess of loss, or full-value basis.
Property Insurance Built for Hotels and Motels
Hotel and motel properties often include far more than guest rooms. Buildings may feature restaurants, commercial kitchens, pools, fitness centers, conference spaces, laundry facilities, mechanical equipment, signs, canopies, and other structures that can increase the complexity of a placement.
Our market access gives agents additional options when traditional carriers are unable to accommodate the size, construction, location, loss history, or catastrophe exposure of a hospitality account. With exclusive capacity, direct underwriting access, and a streamlined decision-making process, we can help simplify even more challenging hotel and motel property placements.
Coverage may be available for:
- Individual hotels and motels
- Multi-location hospitality schedules
- Independent and branded properties
- Limited-service and full-service hotels
- Higher-TIV hospitality accounts
- Coastal hotels and motels
- Frame construction
- New ventures and recently completed properties
- Risks requiring primary or excess capacity
Meaningful Capacity for Larger Hospitality Accounts
Larger hotel schedules can quickly exceed the capacity available through standard property carriers. Through our available markets, agents may access primary limits of up to $50 million or a $50 million participation on schedules with total insured values of up to $500 million.
Depending on the risk, coverage may be structured on a primary, excess of loss, or full-value basis. This flexibility allows agents to build a placement around the needs of the account rather than forcing the property into a one-size-fits-all solution.
Available options may include:
- Market solutions for risks with TIVs up to $50 million, $35k MP
- Capacity for larger schedules with TIVs up to $500 million
- Primary limits up to $50 million
- A $50 million participation on larger property schedules
- A 100% line on eligible primary, excess of loss, or full-value placements
- Minimum premiums starting at $5,000
More Perils, More Flexibility, More Protection
In the event of a covered loss, the cost to repair or rebuild a hotel can be substantial. Construction costs, labor shortages, building-code requirements, and the need to restore operations quickly can all increase the financial impact of a claim.
For eligible accounts, 100% replacement cost coverage may be available. This can help reduce the risk of a significant valuation gap between the insured value and the actual cost of rebuilding or replacing damaged property.
Available peril options may include:
- Special Form
- Wind and Hail Only
- Primary property coverage
- Excess of loss coverage
- Full-value coverage
Additional Hotel and Motel Property Coverages
A major hotel property loss can involve more than direct damage to the building. Equipment failures, code upgrades, spoiled inventory, and water backups can all create additional expenses. Depending on the risk and selected market, coverage enhancements may be available to address these exposures.
Equipment Breakdown
Hotels rely on HVAC systems, boilers, elevators, refrigeration equipment, electrical systems, laundry equipment, and other machinery to remain operational. Equipment Breakdown coverage may help respond to covered mechanical, electrical, or pressure-system failures that may not be addressed under standard property coverage.
Ordinance or Law
After a covered loss, local building codes may require upgrades to electrical systems, plumbing, roofing, accessibility features, fire protection, or other parts of the property. Ordinance or Law coverage may help pay certain additional costs associated with demolition, increased construction expenses, and required code upgrades.
Property Extensions and Enhancement Endorsements
Property Extension or Enhancement Endorsements may broaden the policy by adding or increasing coverage for common incidental exposures. Available enhancements vary by market and should be reviewed as part of the overall placement.
Why Hotel and Motel Property Insurance Matters
Hospitality properties operate around the clock and depend on their buildings, equipment, utilities, and amenities to serve guests. Even a localized loss can lead to closed rooms, canceled reservations, reputational damage, and significant repair expenses.
Adequate property insurance can help protect against the physical damage caused by covered events while supporting a faster return to normal operations. For agents, access to flexible hospitality property markets can also help retain valuable clients whose accounts may no longer fit standard carrier guidelines.
Accurate property valuations are especially important. Hotels should consider the replacement cost of the entire operation, including guest-room furnishings, commercial kitchens, laundry equipment, signage, pools, elevators, mechanical systems, business personal property, and other improvements. A complete Statement of Values helps underwriters evaluate these exposures and structure appropriate terms.
General Underwriting Considerations
Every submission is reviewed individually, but several factors may influence eligibility, pricing, available capacity, deductibles, and coverage terms.
Underwriters may consider:
- Construction type and building age
- Roof age, type, and condition
- Total insured value
- Number of buildings and locations
- Distance from the coast
- Wind, hail, earthquake, and other catastrophe exposure
- Sprinkler and fire-protection systems
- Property maintenance and housekeeping
- Renovation history
- Occupancy and room count
- Average nightly room rate
- Loss history
- On-site restaurants, pools, laundry facilities, and other amenities
- Security and risk-management procedures
- Average minimum room rate of $75 per night
Providing complete information about renovations, updates, fire protection, security, and risk-management practices can help underwriters better understand the account and may support more favorable consideration.
Hotel and Motel Property Submission Requirements
The more complete the initial submission, the easier it is for our team and underwriting partners to evaluate the risk, identify the most appropriate market, and avoid unnecessary delays.
If you’re ready to send us a hotel or motel risk, make sure your submission includes:
- Completed ACORD applications
- Complete Excel Statement of Values
- Hotel/Motel Supplemental Application
- Five years of currently valued loss runs
- For recently purchased properties, please provide the seller’s loss runs or a seller’s No Known Loss Letter.
- Loss runs may be waived for eligible new ventures or recently completed construction.
Additional information, such as property photographs, appraisal reports, building updates, roof documentation, fire-protection details, and current or expiring insurance terms, may also help strengthen the submission.
Give Us a Look at Your Next Hotel or Motel Risk
From individual motel accounts to large hotel schedules, higher TIVs, and coastal hospitality properties, we have multiple property markets available to help agents navigate difficult placements.
Send us your hotel or motel property submission and let our team identify the capacity, structure, and market options that may work for your client.
