Why hotels and resorts should buy more Umbrella coverage now.

Martin Fox-Foster
Director of Coverage & Insurance

The cost of Umbrella coverage is increasing, but here is why you should buy more now.

Hotels and resorts are inherently full of risk, even in the best of times. With the addition of the ever-evolving COVID-19, the risks are exponentially more complicated and difficult to mitigate.

To protect your guests, employees, balance sheet and reputation, our friends at Distinguished Programs recommend increasing your Umbrella insurance limits to respond to a rising number of high-value lawsuits.

Here are some recent examples of incidents:

To read more about why it is important to review your Umbrella limits, click the button below:

Commercial Insurance, Hospitality, Umbrella