Alberta Hospitality Insurance

Specialized insurance coverages for Alberta hospitality operations

The hospitality industry is varied. Whether you’re a bar or restaurant, or offer lodging, or provide recreational activities, Acera Insurance can help you find the best hospitality insurance quotes and coverage.

First – why do you need hospitality insurance? It helps ensure your business’ financial security by helping you recover from an unexpected event. If your business experiences a fire or a third-party injury lawsuit, could you recover on your own? Most companies can’t absorb the costs, which is where hospitality insurance can help.

Acera Insurance works with a variety of hospitality insurance companies to get you competitive hospitality insurance quotes and choice in your coverage. Your hospitality insurance should include the following:

• Property Damage – Protects your company’s building(s) as well as your contents, including electronics, inventory, furniture, and anything else related to your business. After a covered event, your hospitality insurance will help rebuild your business and replace the damaged items.
• Equipment Breakdown – If your hospitality business’ essential equipment breaks down, such as heating or refrigeration systems, your hospitality insurance coverage can help cover the costs of repair and replacement of the system. Some policies also offer lost income protection.
• Commercial General Liability – This coverage is absolutely critical to any hospitality business. Hospitality liability insurance can cover legal expenses if someone is injured or has their property damaged while on your property.
• Business Interruption – Also known as income interruption insurance. If you’re forced to shut down due to a mandatory evacuation or insured claim, this protection will provide funds to cover essentials. Some policies also provide resources for temporary relocation.
• Cyber Liability – This coverage is critical if you store any customer information. It helps you recover in the event your business is the victim of a cyberattack or data breach.
• Liquor Liability – can help protect you in the event of a lawsuit as a result of a liquor-related incident. This may be included in your commercial general liability policy or may need to be purchased separately.
• Special Events Liability – This coverage includes third party property damage and bodily injury, medical payment, non-owned auto, food and beverage products, employees/volunteers, and cross liability protection. This may be included as part of your commercial general liability or may need to be purchased as add-on coverage.
• Event Cancellation – To help recoup financial losses after event cancellation, postponement, interruption, relocation, or another uncontrollable circumstance.

Each hospitality insurance company in Alberta may offer slightly different or additional coverage. Your individual needs will also vary – for example, some companies will need commercial vehicle insurance or additional liability protection. Your hospitality insurance broker at Acera Insurance will be able to help you determine your needs. They’re also there to help you navigate your policy so that you understand what’s covered and what isn’t. They’re also your advocate in the event of a claim. To get started, contact us for a hospitality insurance quote today.

Why is Acera insurance the best choice for your hospitality insurance in Alberta?

With roots in Alberta, Acera Insurance has been a trusted hospitality insurance broker for over 60 years. Our clients appreciate our high standard of customer service and hands-on approach. We have hospitality insurance brokers that can deliver competitive hospitality insurance quotes that are customized to your needs. Our experienced and knowledgeable brokers are there to advocate for you and be your insurance resource.