Protect Your Business With Property Damage Liability
Property Insurance for Damage Liability
You’ve spent a lifetime dreaming about opening the perfect hospitality business. When you finally do, you want to be secured when the unexpected strikes. Whether it’s a fire, storm, theft, or frozen pipe, you need an insurance policy that responds quickly, efficiently, and with compassion. Our carriers prioritize property claim satisfaction.
What is Property Liability Damage Insurance?
Property insurance covers the cost of repairing or replacing damaged buildings, tenant buildouts, and business property due to a covered cause of loss. Typically, covered causes of loss include (but not limited to) fire, storm, damage theft, vandalism, civil unrest/riot, loss of business income, and water damage.
*Please contact us for specific policy exclusions.
Are you covered?
Beware of elevated wind, hail, and storm damage deductibles. Many insurance companies have clauses in their policies which impose as much as a 5% deductible for wind, storm or hail damage. A $500,000 building could have as much as a $25,000 deductible on roof damage.
Why Property Insurance?
Your bartender accidentally leaves a candle burning on the bar, igniting a fire in the middle of the night. A power outage during a storm causes your brewing equipment to fail, spoiling a batch of your famous IPA. A devastating tornado tears through your city, leaving your business in ruins. You need an insurance company that responds fast.
Craft beer—you love it. We love it. You realize your dream of opening your own brewpub. Your IPA is sublime and the brick oven pizzas are amazing. But two weeks after opening night, your brand new brewpub burns to the studs. You later learn that your pizza oven was installed incorrectly by a contractor. Your insurance company is on it. Less than 10 months later, you have your second grand opening. It is a near-impossible feat to rebuild your dream, but you did it.
True Story—We’ve been around since 1946. We’ve seen a lot.
How To Get Property Insurance
Our Other Coverages
You’ve invested a lifetime of passion in your business; You need an insurance policy that will protect it. Guild Insurance offers insurance policies that meet each unique challenge the hospitality industry presents.