Skip to main content

Edmonton Hospitality Insurance

Protect your company with hospitality business insurance in Edmonton

Acera Insurance has comprehensive Insurance package policies designed specifically for the hospitality industry, including protection for your building and contents covering areas such as crime and legal liability. Whatever your operation might be, we can create a policy that’s specific to your business.

What is hospitality insurance?

The hospitality industry is wide-ranging with many diverse sectors and a wide range of employees and skillsets. Regardless of whether you run a restaurant, hotel or spa in Edmonton – you will need insurance coverage. Edmonton hospitality insurance includes coverages for property, crime, equipment breakdown, personal liability and more depending on the business.

With so many variables within the hospitality industry, your insurance need will differ based on the nature of your business. Our hospitality insurance brokers will work with you to decide what type of coverage your business requires and develop quotes to fit your budget.

What type of businesses need hospitality insurance in Edmonton?

Anyone who has worked in the hospitality sector can tell you that there is a lot to think about at any given moment, regardless of whether you’re running anything from a food truck to a full-scale resort. Unfortunately, this means that there’s a lot that can go wrong.

Businesses related to lodging and accommodation, as well as the food service industry, require hospitality insurance. Hospitality insurance is important and relevant for the following types of businesses:

  • Restaurants
  • Cafes
  • Bakeries
  • Takeaways
  • Mobile Food Trucks
  • Catering Companies
  • Hotels
  • Motels
  • Resorts & Spas
  • Bed & Breakfasts

Insurance for accommodation and food service industries in Edmonton

There are numerous different types of insurance coverages in the hospitality industry. The most common ones include:

  • Commercial General liability – covers property damage, injuries and potential legal expenses caused by negligent acts by yourself or an employee.
  • Property Damage – protects your businesses physical assets that include equipment, tools, inventory, materials and more.
  • Product Liability – you can be held liable if a product that you make causes harm to someone or their property. Product liability coverage helps you cover legal expenses and damages for any potential lawsuits.
  • Business Interruption – if you are forced to stop operations due to unforeseen circumstances, this coverage can help you by providing funds so you can continue to pay the essentials while you wait for the work to continue.
  • Equipment Breakdown – since most equipment breakdowns aren’t under regular property insurance coverage, equipment breakdown insurance ensures that you will have coverage for repairs and replacement if something breaks.
  • Liquor Liability – if there is a liquor-related incident this coverage can help protect you in the event of a lawsuit.
  • Special Events Coverage – typically includes third-party property damage and bodily injury, medical payment, non-owned auto, food and beverage products, employees/volunteers and cross liability protection. It can be purchased as add-on coverage, or it may be included as part of your commercial general liability coverage.
  • Cancellation Coverage – if an event is cancelled, postponed or interrupted this coverage can help recoup potential financial losses.

The benefits of working with a hotel insurance broker in Edmonton

Running a hotel entails a lot of different types of insurance coverages that can get more complex the larger your hotel is. If a guest damages your property or an entire shipment of food spoils, you need to know that these expenses will be covered.

Our hotel insurance brokers can provide insights into how to manage your risks and reduce your premiums. They will work with you to develop an insurance package and risk management program so you can feel supported and confident you are covered against whatever the world throws at you.

Comprehensive restaurant business insurance quotes

Serving food and alcohol in your restaurant means that you are responsible for the guests and staff’s safety and experiences. Unfortunately, unexpected things like food spoilage, equipment breakdowns and fires do happen. These are unique risks to the hospitality industry and our Edmonton restaurant insurance brokers are here to help you. They will support you with reviewing and managing your policy and assist you with any claims that you need to make.

To get started, contact us for a hospitality insurance quote today.

Average restaurant insurance cost in Edmonton, Alberta

The cost of restaurant insurance in Edmonton, Alberta will vary depending on the business and the coverages you need. You can expect to pay as little as $1,200 a year for limited coverage. However, a restaurant insurance broker can help you determine what you will actually need, and the costs affiliated with it.

Experienced Edmonton hospitality business insurance brokers: Acera Insurance

At Acera Insurance, we aim to provide you the best coverage for your Edmonton or Alberta-based business. For decades, Acera Insurance has taken the worry out of risk assessment for numerous hospitality businesses throughout the province.

Our brokers will help you develop a plan to identify and manage potential risks and offer comprehensive insurance coverage, so you don’t have to worry about loss of income if something unexpected happens.

We have access to many markets which means you’ll get truly competitive hospitality insurance quotes and a choice in your coverage. Contact us today for a quote.

Ready to get your free quote?

Simply complete our online form to receive free, no obligation quotes and advice from an expert broker.