The Maryland-based insurance company announced its specialized insurance solution for modern hospitality businesses, from bed and breakfasts, hotels, resorts, and lodges to event centers and venues. Wister Insurance works to identify the unique needs of each business in order to craft customized insurance policies aimed at mitigating risk.
For more details, visit: bed and breakfast insurance
Insurance plans from Wister Insurance address the complex risks inherent in the hospitality industry, from both a property and casualty standpoint. These tailored policies adopt a hybrid approach, accommodating both personal and commercial use of the lodge. They provide coverage for physical structures, protecting against fire, wind and hail, theft, and water damage, as well as protection for their contents.
To create their comprehensive insurance plans, Wister Insurance employs a three-pillar approach. This involves first identifying the unique variables of the client’s business that require attention, and then customizing a plan aligned with the business owner’s level of risk tolerance. The final step is delivering world-class service alongside the insurance policy.
An insurance plan with Wister Insurance begins with coverage in four areas: building(s), contents, income, and liability. Clients have the flexibility to add additional areas to their custom insurance policy, including liquor coverage, workers’ compensation, and commercial auto.
For hospitality businesses with existing insurance, Wister can review their current coverage and assess any gaps. Their approach is exclusion-based, meaning that coverage extends to everything unless explicitly excluded.
About Wister Insurance
With a collective 100+ years of experience in the insurance industry, the team at Wister is dedicated to creating tailored plans to mitigate risks specific to each client’s hospitality business. The company’s executive team pioneered the modern hospitality insurance policy more than 30 years ago, serving as a model for numerous other insurance carriers across the U.S.
A satisfied customer said, “We wanted a policy that offered great value without compromising on coverage. With Wister, we found everything we were looking for. If you want to reduce your insurance expenses I would recommend giving Wister an opportunity to provide you with an estimate.”
For more information on Wister Insurance’s comprehensive plans for lodges and resorts, visit: insurance for lodges
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