Keep detailed maintenance records, invest in fire protection like sprinklers and monitored alarms, keep your roof in good condition, build a written safety program, reduce slip and fall hazards, secure your pool, train staff on responsible alcohol service, require vendors to carry insurance, and consider a higher deductible.
Most importantly, have an independent agent present your property’s improvements to multiple hospitality carriers.
Have a question about your own property? Contact Ace Insurance Consultants for a free coverage review.
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