Hospitality Insurance Group has announced the creation of its first-ever Businessowners Policy (BOP) for commercial policyholders. Effective January 2022, this specialized insurance coverage is now available to existing liquor liability policyholders as well as a variety of other main street businesses.
Hospitality Insurance Group specializes in providing liquor liability coverage to businesses that serve or sell alcohol. They also offer a CPP policy and Excess liability coverage. These products generally fit well for establishments with higher alcohol sales and where the client may have needs that require special placement of the other lines of business. Liquor liability is available on a monoline basis or as part of the CPP policy. The new BOP was created for clients with lower alcohol sales levels in lower hazard classes of business and for businesses that do not sell alcohol. The program provides Hospitality Insurance Group with the opportunity to now offer coverage to restaurants from fast food to fine dining, with or without alcohol, liquor stores, convenience stores (without gas), and many “Main Street” businesses, whether they sell alcohol or not.