Fulcrum Insurance Programs offers a robust Hotels & Resorts Insurance program designed specifically for retail brokers seeking comprehensive, competitive coverage for their hospitality clients. This specialty program provides access to a wide range of markets and carriers, offering tailored solutions for upscale, middle-market, and limited-service properties across the U.S.
Ideal Accounts and Appetite
The program is well-suited for a broad spectrum of hotel and resort operations, including:
- Upscale and luxury hotels
- Middle-market and limited-service properties
- Condo hotels and mixed-use developments
- Destination resorts
Whether your client operates a newly constructed boutique hotel or a longstanding resort with mixed-use amenities, Fulcrum’s program can scale to accommodate a wide variety of risk profiles.
Coverage Highlights and Advantages
The Hotels & Resorts Program includes access to broad coverage forms and multi-line capabilities. Key lines of business include:
- Property & Equipment Breakdown
- General Liability
- Auto Liability and Physical Damage
- Umbrella/Excess Liability
- Crime
- Workers Compensation
Discounts and credits may be available for accounts with favorable characteristics, such as:
- Newer or well-maintained buildings
- Experienced ownership and management
- Green building certifications
- Strong risk management practices
- Clean loss history
Underwriting Notes and Minimum Premiums
Minimum premiums vary based on account size, location, and lines of coverage selected. Fulcrum works closely with appointed brokers to evaluate risk characteristics and structure competitive quotes. Most placements are written on an admitted basis in available states, with access to multiple carriers as needed.
Territories and Availability
The program is available in most U.S. states, including CA, FL, TX, NY, and many others. Coverage is accessible in all major hospitality markets from coast to coast, including DC and all 48 contiguous states as well as AK and HI.
Why Work With Fulcrum Insurance Programs
Fulcrum brings specialized underwriting expertise and market access to help brokers secure tailored hotel and resort coverage. With a reputation for responsive service and creative solutions, Fulcrum is a valuable partner for placing challenging hospitality risks or scaling up multi-property portfolios.
If you’re working with a client launching a new limited-service hotel chain or managing a large luxury resort with multiple amenities, Fulcrum can help you deliver the right insurance solution.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for upscale, middle-market, limited-service, condo, and mixed-use hotels, as well as destination resorts.
Is this program available on an admitted basis?
Yes, coverage is written on an admitted basis in most available states.
Are discounts available for newer buildings or green practices?
Yes, premium credits may be available for newer buildings, green certifications, strong loss history, and proactive risk management practices.
What is the minimum premium for this program?
Minimum premium varies depending on risk characteristics, coverage lines, and territory. Contact Fulcrum for specific details.
In which states is this program offered?
The program is available in most U.S. states, including CA, TX, FL, NY, and many others, as well as DC.
Need help placing an account? Connect with a market specialist.