Backed by an "A" rated, Admitted, Size XV carrier (exclusive to our facility). We offer $5M ($1,500 minimum) and $10M ($2,500 minimum) limit options.
Website is www.hotelexcess.com
We have been successfully placing standalone hotel umbrellas for over a decade. We've insured thousands of properties in that span. We only work via retail agents - we do no place any umbrellas directly. 10% commission to the retail agent.
Great coverage and low minimum premiums. This is not a Risk Purchasing Group. We don't charge any fees. We issue individual policies with individual limits. No group policies or shared limits. And, we offer superior service - including quotes typically issued within a day and policies issued within one day of receipt of the binding information.
Agency bill. Exterior entry hotels/motels are okay. Manager cocktail parties are okay. Bars are limited - subject to review. We cannot write any hotel/motel that offers extended stay. Nor can we cover any property that offers a passenger shuttle.
We have a simple 2-page sub-producer agreement to start. Need last 3 years' worth of recently valued GL loss runs. We cannot quote any hotel with a GL loss (incurred) of $50K or more in the last 3 years. Underlying carrier must be A-, VII or better.
$10M Maximum Limit
$5M Minimum Limit
Rating By AM Best
Bill Cleave Managing Member
2 listings in 46 statesView Company
Availability 46 states