From rustic retreats and lakeside lodges to pristine golf course vistas, the best private resorts have a unique style and vibe all their own. They’re also chock full of amenities meant to entertain even the most active families, from pools and waterslides to tennis courts and equine facilities.

The result is a compelling combination that keeps guests coming back year after year — but it also makes for a more complex risk profile than your typical hospitality property.
That’s where resort insurance comes in. As a subset of hospitality insurance, resort insurance is designed to help protect against the common risks facing all hospitality businesses, while also providing tailored coverage for the unique amenities and features that make your resort so special.

But how do you know when you need resort insurance to protect your property?

Hospitality insurance vs. resort insurance

Hospitality insurance is purchased by a wide range of service businesses, from nightclubs and bars to hotels and campgrounds. It bundles a handful of common business policies needed by those in the industry, and often includes:

• General liability (protection against injury and damage claims against your business).
• Commercial property (protection for your property and equipment).
• Commercial crime (protection against employee or guest theft).
• Liquor liability (protection from injury and damage claims due to intoxicated guests).
• Business interruption (protection from losses if your business cannot operate or open).
• Workers compensation.

A comprehensive hospitality insurance policy may be enough to protect the average business, but it can also leave sizable coverage gaps when it comes to the one-of-a-kind risks found at private resorts — think of that quaint marina, expensive fine art collection or historic horse barn in an unprotected area.
Resort insurance adds a number of specialized policy endorsements designed to provide more robust protection for these unique features. Examples of common endorsements include:

• Commercial auto, if your resort owns buses, shuttles or other vehicles.
• Watercraft and water facilities coverage.
• Golf course coverage.
• Tree coverage for unique landscaping assets.
• Inland marine coverage, for guest property in your temporary possession.
• Food-borne illness/pollution coverage.

For private resorts with significant property values, one-of-a-kind features or potentially dangerous activities (zip line, anyone?), you may also want to consider a commercial umbrella policy, which provides coverage beyond the limits of standard business liability coverage for potentially high-exposure claims.

If there's one thing that doesn't work for private resorts, it's one-size-fits-all insurance coverage. Reach out to a UFG agent today to discuss how we can help cover your unique business needs.