Hotel and Motel Insurance in Michigan

If you own or operate a hotel or motel in Michigan, you need to protect your business from various risks that can affect your property, your guests, your staff, and your reputation. That's why you need suitable Michigan hotel or motel insurance.

At Oakland Insurance Agency, we offer a variety of hotel and motel insurance policies to meet the needs of Michigan businesses. We are an independent agency with access to multiple insurance companies, and we'll work with you to find the coverage that suits your needs at a price that fits your budget.



Fill out our online form for a free insurance quote or call us today to learn more about the Michigan hotel and motel insurance options we offer. Our knowledgeable agents are ready to help you identify and address any risks your business may face, so you can focus on running a successful operation.

Different types of Michigan hospitality businesses that can benefit from hotel and motel insurance include:

• Hotel and motel owners
• Bed-and-breakfast operators
• Vacation rental home businesses
• Hostels
• Extended-stay hotels
• Timeshares
• Campground and RV park owners
• Event venues
• Wedding businesses
• Conference centers
• Cruise lines
• Resorts
• Restaurants and bars
• Spa facilities
• Other hospitality-based businesses

Other establishments that may need to consider hotel and motel insurance in Michigan include retirement communities, assisted-living centers, nursing homes, and recreational vehicle parks.

Since no two businesses are the same, there is no one-size-fits-all solution to Michigan hotel and motel insurance. Our independent agents can work with you to customize a policy that meets your specific needs.

Commercial Property Insurance

As a hotel or motel owner in Michigan, you need to safeguard your premises against the potential risks of fire, burglary, vandalism, storm damage and liability claims. Property insurance is an appropriate type of coverage that can assist you with covering the expenses associated with repairing or replacing any assets such as furniture, equipment and inventory destroyed by a covered event - as well as reimbursing lost income if it disrupts your business operations.

Whether you're a hotel or motel owner in Michigan, there are several property insurance policy options for you to choose from. These include:

1. Building & Contents Insurance: Takes care of the costs associated with repairing or replacing your physical property and contents after an incident.
2. Valuable Property Insurance: Covers the costs of replacing valuable items, such as electronics or jewelry, if damaged or stolen.
3. Business Interruption Insurance: Helps pay for lost income and other costs related to suspending business operations due to a covered event, such as a fire.
4. Flood Insurance: Provides additional coverage for losses incurred due to flooding or water damage from a sudden and unexpected event, such as a sewer backup.

Other coverage options are available depending on the specific needs of your Michigan hotel or motel.

Commercial General Liability Insurance

Commercial General Liability (CGL) insurance is designed to protect your business in the event a customer, employee or any other third-party suffers an injury or incurs property damage while at your premises. The policy also covers claims of property damage or personal injury as a result of your products or services.

CGL insurance can provide financial protection in the form of medical expenses and legal defense costs if you are sued. This policy also helps with covering any settlements or judgments as well as providing protection for libel and slander claims, along with copyright infringement.

Equipment Breakdown Insurance

Having the right equipment is important to the success of any hospitality business, and protecting that equipment from breakdowns is essential. Equipment breakdown insurance helps cover the costs associated with repairing or replacing any mechanical or electrical devices that are used in the day-to-day operations of a hotel or motel.

This insurance also helps cover any additional costs such as renting temporary equipment or lost income if operations are disrupted due to a covered loss. Equipment breakdown insurance can also provide coverage for expensive items such as air conditioning systems, security systems, and computers.

Liquor Liability Insurance

If you serve alcoholic beverages at your hotel or motel, you're exposing yourself to liquor liability risk. Liquor liability insurance is a type of coverage that provides protection from claims involving alcohol-related injuries or damages. This type of policy helps cover costs associated with legal defense, settlements, and judgments in the event that an intoxicated customer causes an accident or injury.

In Michigan, liquor liability insurance is required for any business that serves alcoholic beverages. It's important to note that this type of coverage is not included in a standard business insurance policy, so you must purchase it separately.

Garagekeepers & Non-Owned Liability Insurance

Garagekeepers’ Liability insurance helps with covering any legal fees and damages associated with customers' vehicles that are damaged while parked on your property. Non-Owned Liability insurance is a special type of coverage that helps protect you from claims related to vehicles owned by employees or other third parties that are used for business purposes.

Workers Compensation Insurance

In the state of Michigan, employers are required to have workers compensation insurance. This type of policy helps protect you when an employee is injured on the job or contracts a work-related illness. Workers compensation insurance pays for medical expenses and any lost wages due to the injury or illness and provides coverage for legal fees if a claim is filed.

Cyber Liability Insurance

Cyber liability insurance helps protect your business from data breaches or other technology-related losses. This type of policy provides coverage for costs associated with notifying affected customers, investigating the breach, and restoring any lost or compromised data. Cyber coverage also helps with covering costs related to lawsuits filed as a result of the breach.

In addition to providing financial protection, a cyber liability policy can also help with rebuilding your company's reputation in the event of a data breach. Cyber liability insurance is especially important for hospitality businesses as they often handle sensitive customer information such as credit card details or travel plans.

Employment Practices Liability Insurance 

Employment Practices Liability insurance helps protect your business from claims related to employee discrimination, wrongful termination, or harassment. it provides coverage for legal costs associated with any lawsuits filed, as well as any settlements or judgments that may be awarded. The policy also helps with covering the cost of hiring a public relations firm to help rebuild your company's reputation if necessary.

Professional Liability Insurance

Do you provide any special consulting services or advice as part of your hospitality business? If so, you need to consider professional liability insurance. The policy helps cover any costs related to claims arising from errors or omissions in your advice. It also provides coverage for legal fees associated with defending against these types of claims.

Directors and Officers (D&O) Liability Insurance

Safeguard your company's board of directors and executive officers with Directors & Officers Liability insurance. This policy covers legal defense costs in the case of claims against them, any settlements or judgments that may result from such claims, as well as fines or penalties imposed by regulatory agencies. With this protection in place, you can be sure that you're properly shielded from financial loss due to allegations made against your business' decision-makers.

The cost of your business insurance policy will depend on a number of factors including:

• The size and type of your business
• Your location
• Your claims history
• Your risk management practices

The bigger and more complex your hotel or motel business is, the higher your premiums will be. Premises located in less secure locations will also typically pay more for coverage because of the increased risk associated with them.

Similarly, businesses with a history of filing multiple claims or not practicing adequate risk management will likely pay higher premiums.

These tips can help you lower the cost of your Michigan hotel and motel insurance policy:

• Shop around and compare quotes from multiple insurance companies
• Install safety features such as fire detectors, smoke alarms, or security systems
• Implement proper safety protocols and training procedures
• Insure your hotel or motel for the appropriate amount

The most important thing is to make sure you have the right coverage in place. With the right insurance policy, your hospitality business will be properly protected against any potential risks.

If you're looking for a Michigan hotel or motel insurance policy the team at Oakland Insurance Agency can help. We'll work with you to assess your business needs and determine the best coverage for you. We'll then help you compare quotes from leading carriers to find the most competitive premiums and the best coverage for your business.



Contact us today for more information and get started on finding the best Michigan hotel or motel insurance policy for your business.