hotel insurance premiums
Impact of COVID-19 on Hotel Insurance Premiums: Are Refunds Possible?
June 23, 2020
Much has already been written about insurance issues arising from the Covid19 virus. With many hotels closed throughout the world, it’s inevitable that hotel owners/investors are looking to their insurance policies for compensation under the Business Interruption section. But, sadly, for almost all hotels the probability is that their Business Interruption wording will not provide any protection for hotel owners or operators. There may be a few policies out there where the wording will allow a claim but they will be very few, and if cover exists for a particular hotel or group, it may well be under a Business Interruption extension worde...
Impact of COVID-19 on Hotel Insurance Premiums: Are Refunds Possible?
Alex Sogno | June 5, 2020
With many hotels closed worldwide, hotel owners and investors are rightfully looking to their insurance policies for compensation after the pandemic. This article focuses on how to go about adjusting the settings on premiums in order to secure justifiable rebates. By Alex Sogno Much has already been written about insurance issues arising from the Covid19 virus. With many hotels closed throughout the world, it’s inevitable that hotel owners/investors are looking to their insurance policies for compensation under the Business Interruption section. But, sadly, for almost all hotels the probability is that their Business Interruption wordin...
