Hotel / Motel Umbrella Program

We are currently live in all states except California, Colorado, Florida, Massachusetts, Mississippi and Washington. We expect to add more states soon.. Email us at bcleave@sangamonassociates.com or call us at 609-818-9534 for more information.

Designed for limited service franchise Hotels & Motels, the Hotel Excess Umbrella Liability program is a Best-in-Class solution for your client’s Umbrella needs. Further, our program affords the broadest coverage at the most cost-effective pricing and allows your client the opportunity to stay compliant with their franchise agreement.

Highlights

  • Backed by an “A” rated insurance company.
  • Extremely competitive pricing.
  • Quotes turned around quickly and indications typically given immediately.
  • Broad coverage and low minimum premiums.
  • Available on a stand-alone basis to round out your coverage offerings.

Eligible Risks

  • Franchised Hotels/Motels

Limits Available

  • $5M Each Occurrence/$5M Aggregate
  • $10M Each Occurrence/$10M Aggregate

Minimum Premiums

  • $1,500 ($5M)
  • $2,500 ($10M)

Underlying Requirements

  • Minimum of A- (VII) Best’s rating on underlying carriers.
  • Underlying minimum limit of $1M GL ($2M Agg).
  • Automobile Liability (if applicable): $1,000,000 Each Accident CSL
  • Employers Liability: $500,000/$500,000/$500,000
  • Stop Gap: $1M/$1M/$1M

Other Information

  • Each insured is issued their own Admitted policy. This is NOT A RISK PURCHASING GROUP (RPG). We issue individual policies with individual limits. No group policies or shared limits.
  • We never charge any fees.
  • And, we offer superior service – including one-day quote turnaround and policies issued within one day of receipt of the binding information.
  • 10% commission to you.
  • We only work via independent agents. We do not place any umbrellas directly.
  • We only write limited-service, franchised hotels and motels.
  • Exterior entry hotels/motels are okay.
  • Manager cocktail parties are okay. Bars are limited – subject to review.
  • We cannot write any hotel that offers extended stay. Nor can we cover any hotel that offers a passenger shuttle.

Getting started

  • We have a simple 2-page sub-producer agreement.

  • We do require recently valued hard-copy loss runs for the last 3 years’ on the underlying GL policy. We cannot quote any hotel with a GL incurred loss of $50K or greater within the last 2 years.
  • Underlying carrier must be A-, VII or better.

  • We can typically turn quotes around within one day.

  • Or, contact Bill Cleave at 609-818-9534 or bcleave@sangamonassociates.com

Limitations

Some limitations on pools and restaurants. Limited to two owned autos per policy – passenger transport excluded. Also, certain exposures will render a hotel/motel as ineligible for the program. These include the presence of armed guards, dog kennels, etc. Finally, we are not a market for any hotel/motel that has had a GL or AL loss of $50K incurred or more within the last 3 years.

Also, due to their increased risk exposure – we are not a market for extended-stay hotels or for hotels that offer passenger transport/shuttle services.

Contact

Contact Bill Cleave at (609) 818-9534 or via email at bcleave@sangamonassociates.com for more information and for an application.

May 15th, 2019 by Sangamon Associates, Inc.