Best Western Insurance

If you own a franchised hotel like the Best Western, you have a much better chance of getting hotel insurance than an independent operator. Insurance companies know that chain hotels offer more security and centralized management which helps reduce their overall risk levels. Don't plan on renting rooms for less than a 24 hour period, or most carriers will not even give you insurance in the first place - this is quite obvious, but you'd be shocked at how many motels that have hourly rates.


If you own a hotel or a motel, you are probably aware that you need insurance. It's not always easy to get insurance for your building, it must meet certain standards or you are probably going to have a very difficult time getting the insurance coverage you need. For example, if you have a hotel that was built before 1975 you would have a hard time getting insurance, because most insurance companies do not like to insure older building as they present a much higher risk. Some of those risks include older wiring, weaker structural design and poor layout. If you have older wiring, there is a higher chance you could have a fire at your location and the the insurance company would be the one stuck with the bill. If you have a poor layout and have a natural disaster people could get trapped in your building and seriously hurt and the insurance company would then again be forced to make a payout.

If your building is over 5 stories tall, there has to be plenty of ways to get out or you could pose an undue risk to your tenants and would jeopardize your ability to get insurance. There are many things to be aware if you are looking to get hotel insurance, just make sure you comply with all the rules otherwise you will pay through the nose