The Hanover Insurance Group has announced the availability of The Hanover Hospitality Advantage, a new insurance program that will offer comprehensive specialty coverage to meet the needs of hotels and motels, at a competitive price.
The Hanover Hospitality Advantage was developed to help the company’s agent partners meet the needs of their mid- to high-end hotel customers that cater to business travelers. The product will meet the needs of the growing number of hotels that provide onsite restaurants, conference centers and other amenities to their business travelers.
The Hanover Hospitality Advantage offers hotels the comprehensive commercial property, general liability, commercial auto and workers’ compensation coverages they need. In addition, it includes options that would normally have to be purchased separately such as coverage for accounts receivable risks, business income and extra expenses, electronic data processing equipment, fine arts, fire department service charges, movement of property, outdoor property, personal effects and valuable papers and records.
David Firstenberg, commercial lines president at The Hanover, said: As many hotels continue to expand their businesses beyond general lodging, hotel owners should be confident that their insurance is designed to meet their unique and growing needs. By combining specialized coverages with flexible limits, The Hanover Hospitality Advantage will help agents capitalize on the growing number of hotels in their local markets.